Tech Company Inital Public Offerings
TransMedics IPO
Based in Andover, TransMedics is now a public company.
Transaction Overview
Company Name
Announced On
5/2/2019
Transaction Type
IPO
Amount
$91,200,000
Proceeds Purpose
Per the firm's most recent regulatory filing, it plans to use the net proceeds as follows: approximately $25.0 million to support commercialization of the OCS Lung and, if approved, the OCS Heart in the United States; approximately $20.0 million to fund research and development to design and manufacture the next generation of OCS technology; approximately $15.0 million for clinical trial expenditures, including those relating to our pre- and post-market clinical trials, including our TOP Registry, our OCS Liver PROTECT Trial and the use of the OCS Heart for DCD donor hearts; and the balance for working capital and other general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
200 Minuteman Rd. 302
Andover, MA 01810
USA
Andover, MA 01810
USA
Phone
Website
Email Address
Overview
TransMedics (Nasdaq: TMDX) has developed a revolutionary new system that enables living organ transplants.
Management Team
Title
Name
Email & Social
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