Clifford Chance

Year in Review – Survey of Health Care IPOs in the United States during 2017

30 January 2018

During 2017, the US market for initial public offerings (IPOs) steadily recovered from the low activity levels we saw in 2016. A total of 50 companies in the health care sector completed US Securities and Exchange Commission (SEC)-registered IPOs in connection with listing on a US exchange (Health Care IPOs). An additional 15 health care companies had publicly filed IPO registration statements during 2017 that were not declared effective. Of these, only four withdrew their registration statements.

We have developed this survey to provide information to our clients and other interested parties about these 2017 Health Care IPOs. The charts in this survey reflect selected statistics regarding these IPOs that we believe provide useful information about the characteristics of these offerings and related market practices. Where appropriate, we have sought to show how these offerings may have different characteristics when they involve a non-US company that qualifies for foreign private issuer (FPI) status under the US federal securities laws.

We hope you find this survey helpful in developing an understanding of US Health Care IPOs.

 

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