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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Manufacturing & engineering

Inspiration Healthcare says NeuroproteXeon IPO won’t complete this year

NeuroproteXeon - in which Inspiration Healthcare owns a 10% stake - said that the IPO process was not expected to be completed during the second half of 2018

Medical devices maker Inspiration Healthcare Group PLC (LON:IHC) said it had been informed by NeuroproteXeon that the IPO process was not expected to be completed during the second half of 2018.

“The company has today been informed by NeuroproteXeon Limited that the IPO process remains ongoing. However, the company does not expect this process to complete during the second half of 2018 as was announced on 7 June 2018,” the company said in a statement on Friday.

READ: Inspiration Healthc are finally receives CE mark for its patient warming system

Inspiration Healthcare holds a 10% stake in NeuroproteXeon.

Shares in Inspiration Healthcare were 3.5% down at 69p in early trade.

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