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Commercial-Stage Regenerative Medicine Company AZIYO BIOLOGICS Files for $58 Million US IPO
2020-09-15

Esther Thin

Aziyo Biologics Inc, a commercial-stage regenerative medicine company, has filed Form S-1 Registration Statement on September 15, 2020 with U.S Securities and Exchange Commission to raise up to $58 million IPO. Pricing terms are yet to announce.

The company has developed a portfolio of advanced regenerative medical products that are designed to be very similar to natural biological material. Its proprietary products are designed to address the implantable electronic device/cardiovascular, orthopedic/spinal repair and soft tissue reconstruction.

The Silver Spring, Maryland-based company was founded in 2015 and booked $42 million in revenue for the 12 months ended June 30, 2020. It plans to list on the Nasdaq Global Market under the symbol “AZYO.” Piper Sandler, Cowen, Cantor Fitzgerald and Truist Securities are underwriters of the IPO.

The company engages Latham & Watkins LLP as US Securities Counsel, and PricewaterhouseCoopers LLP as Independent Auditor.

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