trending Market Intelligence /marketintelligence/en/news-insights/trending/9pF-jkf2WWuIdIsILDcjwA2 content esgSubNav
In This List

U.K.'s Nemaura Medical plans public offering to fund glucose monitor study

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


U.K.'s Nemaura Medical plans public offering to fund glucose monitor study

Nemaura Medical Inc. is planning a registered public offering of its common stock and warrants.

The company plans to use the proceeds for a U.S. Food and Drug Administration clinical trial of its noninvasive glucose monitor sugarBEAT. Proceeds will also be used to launch the product in Europe and to develop a second generation of sugarBEAT.

Dawson James Securities Inc. is acting as the sole placement agent regarding the offering.

Further details, including the number of shares to be offered and financial information, were not disclosed in Nemaura's Dec. 17 press release.

Loughborough, U.K.-based Nemaura is a medical technology company that develops specialty medical devices.