Daily BriefsECM

Daily Brief ECM: Cryofocus Medtech (康灃生物科技) Pre-IPO: Unimpressive Fundamentals and more

In today’s briefing:

  • Cryofocus Medtech (康灃生物科技) Pre-IPO: Unimpressive Fundamentals

Cryofocus Medtech (康灃生物科技) Pre-IPO: Unimpressive Fundamentals

By Ke Yan, CFA, FRM

  • Cryofocus Medtech is a China based medical device company with a focus on cryoablation. The company is look to raise $50-100m to list in Hong Kong.
  • We take a quick look at Cryofocus’ key products, including AF cryoablation system and bladder cryoablation system.
  • We think its products are not impressive. Neither does its investor line-ups and management team impress us much.

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