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-1.68064402279225E-05 7.65626721491889E-05 0.0021306831444475 0.00264421326252214 0.00521186385289496 0.00404474994818 0.00413811906055725 0.00409143450436869
Stock impact report

Polish medtech company MediSensonic plans Warsaw IPO [Yahoo! Finance]

Zimmer Biomet Holdings, Inc. (ZBH) 
Last zimmer biomet holdings, inc. earnings: 2/4 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.zimmerbiomet.com
Company Research Source: Yahoo! Finance
MediSensonic has so far raised over 50 million zlotys ($13 million) from grants and investors. The latest capital increase, through the issuance of G series shares, brought the company's valuation to over 70 million zlotys ($18.30 million). "I believe that the positive market assessment and the building of a strong shareholder structure will allow us to further develop and strengthen our position in the global MedTech market," said MediSensonic CEO Robert Gromada. The funds raised from the planned IPO will go towards the development of technologies in dentistry, cardiology and the diagnosis, treatment and management of diabetes. "The proceeds from the IPO... will permit us to independently finance trials and certifications, thus avoiding pressure to sell any of our products," MediSensonic's deputy CEO Marcin Malinowski said. One of the company's leading projects is Glucowave, a planned fully non-invasive device for needle-free blood glucose control. According to statistics Show less Read more
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