Organization: Fonds de solidarité des travailleurs du Québec

CRYOCATH COMPLETES $40-MILLION IPO

CryoCath Technologies Inc has raised $40 million with an initial public offering (IPO) of eight million shares, the largest life sciences IPO in Canadian history. The Montreal-based developer of catheter cryotherapy systems for the treatment of cardiovascular disease will use most of the proceeds to complete clinical trials and the regulatory process for its lead…