Clearbridge Health plans IPO spin-off for associate

Annabeth Leow

Annabeth Leow

Published Thu, Jun 28, 2018 · 09:50 PM

Singapore

CATALIST-listed medical technology company Clearbridge Health may bring an associate to an initial public offering (IPO), not long after its own bourse debut in December last year.

Clearbridge BioMedics has secured pre-IPO funding commitments of S$6.6 million from oncology professionals and healthcare and biotechnology investors, in exchange for equity, the company said on Thursday.