MedCity News September 20, 2020
Despite the Covid-19 pandemic, rising unemployment, and 2020’s other woes, healthcare technology firms continue to go public. So far, six health tech firms have already gone public in 2020.
On top of the ongoing Covid-19 pandemic, 2020 has been punctuated by devastation: raging wildfires, record unemployment and growing inequality. But despite all of this, a stream of healthcare technology companies continue to go public.
Even after the historic market crash in March, several health tech companies found an IPO window this summer. Many of them were ripe for their debut: they had been around for a decade or longer, had revenues above $100,000 and had experienced leaders at the helm, said Omers Ventures Managing Partner Michael Yang.
So far,...