11 February 2019
During 2018, the US market for initial public offerings (IPOs) saw increased activity levels as compared to 2017. A total of 80 companies in the health care sector completed IPOs registered with the US Securities and Exchange Commission in connection with listing on a US exchange (Health Care IPOs). Of these Health Care IPOs, 10 were completed by non-US companies that qualified as foreign private issuers (FPIs). At the end of 2018, an additional 12 health care companies were in advanced stages of the IPO registration process, including three FPIs.
We have developed this survey to provide information to our clients and other interested parties about these 2018 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 status under the US federal securities laws.
We hope you find this survey helpful in developing an understanding of US Health Care IPOs.