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Medical Device Maker Broncus Gets Financial Breathing Room from IPO

Investors are betting company can quickly ramp up sales for its core pulmonary devices, most of which have been approved or are near approval in China, the U.S. and Europe

This article only represents the author's own views.

Seven months.

That’s how much time medical device maker Broncus Holding Corp. (2216.HK) appears to have gained for itself from its new Hong Kong IPO that raised HK$1.55 billion ($200 million) last Friday. Based on its IPO prospectus filed back in May, the company looks like a classic underachiever just waiting to blossom when the world discovers its devices used to detect and treat lung diseases, including lung cancer.

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詠竹坊(官網鏈接)提供在香港和美國上市的中國企業相關新聞,重點關注中小企業和籌備上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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