Angiotech
This article was originally published in The Gray Sheet
Executive Summary
Stock begins trading on the Nasdaq exchange Feb. 17 under the symbol "ANPI." The developer of pharmaceutical coatings for medical devices has around 13.4 mil. shares outstanding. For the fiscal year ended Sept. 30, 1999, Angiotech reported revenues of $4.5 mil., up 119%, while the company's net loss grew 48% to $9.9 mil