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Inogen swings to $18.2M profit in 2013

By   /  Friday, March 28th, 2014  /  Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen swings to $18.2M profit in 2013

Medical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.

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Inogen shares stumble after $70.5M initial public offering

By   /  Friday, February 21st, 2014  /  Banking & Finance, Central Coast Health Watch, Technology, Top Stories, Tri-County Public Companies  /  2 Comments

Shares of Goleta-based Inogen settled into the low $15 range as the Business Times went to press Feb. 19 after the company raised $70.5 million in an initial public offering that priced at $16, the low end of its expected range. In addition to selling shares, the company changed some of the disclosures it made to investors, pointing out its steep reliance on government and private insurance programs for 41 percent of its total revenue in 2012.

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Inogen raises price for IPO

By   /  Thursday, February 6th, 2014  /  Top Stories, Tri-County Public Companies  /  Comments Off on Inogen raises price for IPO

Goleta-based Inogen has boosted the amount it plans to raise in its initial public offering to a possible $91.3 million. The pricing is a sign that Inogen and its underwriters — J.P. Morgan, Leerink Partners, William Blair and Stifel — believe there’s strong demand for its shares.

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New capital injection brings Suneva Medical total to $70.5M

By   /  Friday, January 17th, 2014  /  Technology, Top Stories  /  Comments Off on New capital injection brings Suneva Medical total to $70.5M

Suneva Medical, a San Diego aesthetics company with executive offices in Santa Barbara, has raised $35 million in debt and equity financing, bringing its total funding to $70.5 million over the past two years.

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TrueVision Systems steps into world of 3D with Leica deal

By   /  Friday, May 24th, 2013  /  Technology, Top Stories  /  Comments Off on TrueVision Systems steps into world of 3D with Leica deal

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BAROnova backers bet $27.3M on obesity device

By   /  Friday, February 22nd, 2013  /  Technology, Top Stories  /  Comments Off on BAROnova backers bet $27.3M on obesity device

Goleta-based BAROnova has raised $27.3 million to fund clinical trials of its obesity treatment, bringing the medical device firm’s total funds raised to date to $41.3 million. The company is developing a product it calls the TransPyloric Shuttle. The firm said the device may be able to slow the digestion process and create the sensation of Read More →

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Looking good: Former Inamed CEO builds out Suneva in Santa Barbara

By   /  Friday, February 22nd, 2013  /  Central Coast Health Watch, Features, Small Business, Technology  /  Comments Off on Looking good: Former Inamed CEO builds out Suneva in Santa Barbara

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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