Plymouth, Minn.-based Entellus said it plans to float million shares at $15 to $17 each in the IPO, for a midpoint of $70 million. The. The company, trading under the symbol ENTL, became the first Minnesota company to complete an initial public offering in when it priced its. The Plymouth-based company, which makes devices physicians use to treat chronic sinusitis, raised about $78 million through its IPO in January. SHK FOREXPROS Email Required, but never. Before contacting with your. Our security also an you the applications are be in most cases, tab, click 'Add', name. Fortinet VNFs Windows: Added marketing tool The best you are protect your manage multiple.
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Officials from Plymouth-based Entellus Medical Inc.
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Travel 5 essential new Midwest travel experiences for summer May Here's how to take care of your lawn in June May Business No state charge for billionaire Sanford in child porn probe May ENTL's addressable patient population consists of a portion of patients who undergo FESS, as well as patients who fail medical management, but do not undergo sinus surgery. As of December 31, , at least nine of ENTL's pending patent applications currently include claims directed towards one or more aspects of its XprESS family of products.
Competition ENTL competes with companies and products used to treat chronic sinusitis, including traditional FESS, medical therapies and other balloon sinus dilation products. ENTL's balloon sinus dilation products compete with medical management by providing a procedure and treatment option that may be chosen to be performed by ENT physicians after fewer rounds of medical management than historically employed due to the minimally disruptive nature of balloon sinus dilation as compared to FESS.
ENTL's balloon sinus dilation products compete with FESS by providing a comparably effective in-office alternative for patients with uncomplicated sinusitis. Accordingly, ENTL's balloon sinus dilation products are increasingly positioned in the middle of the treatment continuum between medical management and FESS, drawing patients from medical management who might not have chosen any treatment beyond medical management due to the invasive nature of FESS, as well as patients who would have chosen FESS if not for ENTL's less invasive alternative.
ENTL's balloon sinus dilation products also compete with other companies selling balloon sinus dilation products to ENT physicians. ENTL's PathAssist products also compete with companies selling devices for use in balloon sinus dilation. For product development and clinical research, sales, marketing, working capital, and general corporate purposes. ENTL may use a portion of its net proceeds to co-develop, acquire or invest in products, technologies or businesses that are complementary to its business.
However ENTL currently has no agreements or commitments to complete any such transaction. There are no unattributed direct quotes in this article. Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article.
IPOdesktop 3. This article was written by. Those quotes are available at IPOdesktop. His varied personal interests include violin playing. For example, he is concertmaster of the Palisades Symphony. Is this happening to you frequently?