Medical technology company goes public
Medical technology company ONWARD Medical NV is to be listed on the Euronext stock exchanges in Amsterdam and Brussels. The Swiss-Dutch company, based in Lausanne and Eindhoven, has developed a system that will help people with a transverse aphasia to walk again by means of implants and electronic stimuli in the spinal cord. The goal of the IPO, which will be based on the issuing of new shares, is to finance new research. A total of €86.5 million will be available for this after the first day on the stock exchange.