IPOs Are Back: Liquid Biopsy, Cardio, Dialysis Firms Lead $1.5Bn Charge

Who wants to go public during a once-in-a-century crisis? It seems like quite a few medtechs do.

IPO or Initial Public Offering corporate stock market, company growth concept. Design by financial charts elements and rocket flying. Vector illustration of startup investment and strategy style
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A flurry of recent activity has meant that almost $1.5bn has been raised from initial public offerings (IPOs) by medtech companies so far in 2020. After a very quiet three months as equity markets plummeted due to the pandemic, it seems IPOs are back in favour in the medtech sector (see table).

In July, Renalytix AI plc raised $79m through an IPO on the Nasdaq Global Market. The company sold 6.3 million American depositary shares, representing 12.6 million ordinary shares,...

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