VC-Backed IPO Pipeline Runs Dry
TransMedics pulled its IPO registration yesterday, making it the third VC-backed candidate to bail so far this week (following Epocrates and Aegerion Pharmaceuticals). Overall, 39 VC-backed companies have pulled IPO registrations in 2008, including 11 this quarter. That leaves just 27 such companies in active registration, with none expected to price by year-end. The buyout-backed pipeline isn’t much stronger, with just 39 companies in registration to price on U.S. exchanges. That includes Talecris Biotherapeutics, which has agreed to be acquired. Here’s a downloadable spreadsheet of the VC-backed and buyout-backed companies still in registration.
16 December 2008•1 min read
