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What's Next for Cardiovascular Systems?

Cardiovascular Systems beat out 119 other suitors for the right to purchase publicly traded biopharma company, Replidyne, which had fallen on hard clinical times, or, more precisely, to acquire the company's place on the public markets. But now what? With CVS headed toward the public market, it will be interesting to see how the company is valued by public investors after its merger is complete. This month, we survey small cap medical device companies that are in similar situations to see how they're faring on the public markets.

At the conclusion of The Candidate, the 1972 film often-mentioned during the recent US presidential election, Robert Redford’s senatorial candidate Bill McKay famously asks "Now What?" upon learning that he’s achieved the improbable by unseating the incumbent senator.

One can imagine a similar question being raised in the board room of Cardiovascular Systems, upon hearing that they beat out 119 other suitors for the right to purchase publicly traded biopharma company, Cardiovascular Systems Inc., which had fallen on hard clinical times, or, more precisely, to acquire the company’s place on the public markets

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