Hansen Goes Public, Led By Co-Founders Of Intuitive Surgical
This article was originally published in The Gray Sheet
Executive Summary
A Nov. 16 initial public offering by robotic catheter placement device maker Hansen Medical was engineered by some of the same execs that co-founded robotic surgical system maker Intuitive Surgical
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Financings In Brief
Hansen Medical raises $39.4 mil.: Secondary stock offering of three million shares priced at $13.34 each on April 1 raises $39.4 million in net proceeds. The Mountain View, Calif., maker of the Sensei robotic catheter placement system will use the funds for sales and marketing, R&D, capital equipment, working capital, "general administrative activities ... and other general corporate purposes," the company says in a prospectus filed with the Securities and Exchange Commission. The company first went public in 2006 (1"The Gray Sheet" Nov. 20, 2006, p. 14). Morgan Stanley was the sole underwriter for the secondary offering
Financings In Brief
Hansen Medical raises $39.4 mil.: Secondary stock offering of three million shares priced at $13.34 each on April 1 raises $39.4 million in net proceeds. The Mountain View, Calif., maker of the Sensei robotic catheter placement system will use the funds for sales and marketing, R&D, capital equipment, working capital, "general administrative activities ... and other general corporate purposes," the company says in a prospectus filed with the Securities and Exchange Commission. The company first went public in 2006 (1"The Gray Sheet" Nov. 20, 2006, p. 14). Morgan Stanley was the sole underwriter for the secondary offering
Sensei Robotic Catheter Placement System Makes Early Debut At HRS
An earlier-than-expected 510(k) clearance for Hansen Medical's Sensei robotic catheter placement system set the stage for an official launch at the May 9-12 Heart Rhythm Society Annual Scientific Sessions in Denver