Milestone Medical plans main market IPO

US-based innovative medical devices producer Milestone Medical will soon submit a prospectus to the Polish Financial Supervision Authority, as its plans to move listing from the NewConnect market to the main market of the Warsaw Stock Exchange, the company’s CEO Leonard Osser told ISBnews. “We want to carry out a share issue and move to the WSE main market as soon as possible,” Osser said. When entering NewConnect in November 2013, the firm did not issue shares. He added that the company is applying for EU financing and may soon decide on the construction of a production and research facility in Poland. It also plans to launch sales in Europe within the next three months.