Tech Company Inital Public Offerings
Avedro IPO
Headquartered in Waltham, Avedro is now a public company.
Transaction Overview
Company Name
Announced On
2/13/2019
Transaction Type
IPO
Amount
$70,000,000
Proceeds Purpose
Avedro plans to use the net proceeds as follows: approximately $47.7 million to fund the ongoing U.S. commercialization activities of the KXL system and its associated Photrexa formulations, including to hire additional sales and marketing personnel and to support costs associated with increased sales and marketing activities; approximately $5.8 million to fund the ongoing development, regulatory and international commercialization activities of our latest-generation KXL system and its associated drug formulations, including the completion of our ongoing Phase 3 clinical trial of our latest-generation KXL system in combination with our investigational Boost Goggles and new riboflavin formulations for use in Epi-On procedures; approximately $7.5 million to fund the ongoing development, regulatory and international commercialization activities of the Mosaic system and its associated drug formulations, including the initiation and completion of our Phase 2a clinical trial of our Mosaic sy
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
201 Jones Rd.
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Overview
Avedro (Nasdaq: AVDR) is a pharmaceutical and medical device company advancing the science and technology of corneal cross-linking and refractive correction.
Profile
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Company News
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Reza Zadno
Chief Financial Officer
Thomas Griffin
Chief Marketing Officer
Rajesh Rajpal
Vice President
Stephen Zolla
VP - Engineering
Desmond Adler
VP - Marketing
Dave Iannetta
VP - Regulatory Affairs
Grace Lytle
VP - Regulatory Affairs
Pamela Nelson
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