Interpore Cross International
This article was originally published in The Gray Sheet
Executive Summary
Planned secondary offering of 4 mil. shares will include 500,000 put up by selling shareholders, the firm announces March 15. The Irvine, California company also plans a second-quarter U.S. launch of the TPS (Telescopic Plate Spacer) expandable titanium spacer. The introduction follows the recent receipt of a humanitarian device exemption from FDA for use in replacing one or two spine vertebral bodies removed on account of cancer. Underwriters for the offering include U.S. Bancorp Piper Jaffray and Chase H&Q