TransMedics Pulls IPO

TransMedics has nixed plans for an IPO worth up to $86 million, citing unfavorable market conditions. The Andover, MA-based firm, which first filed for the offering in September 2007, develops systems for transporting organs for transplant.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.