NASDAQ DEAL PRECURSOR TO IPO FOR CAMBRIDGE MEDICAL DEVICES COMPANY?
A Cambridge company developing technology that could save lives in intensive care units has signed a breakthrough commercialisation deal that could spell an imminent IPO. Sphere Medical the result of a joint venture between the Generics Group
in Harston and Siemens has penned the deal with NASDAQ listed Analogic
Corporation, a designer and manufacturer of hi-tech health systems. Analogic is
a well-known global innovator in CT, ultrasound and MRI scanning as well as patient
monitoring and its technology is integrated by OEMs.
Business Weekly (UK)