Joint Global Coordinator and Joint Bookrunner
Kempen acted as Joint Global Coordinator and Joint Bookrunner in the successful €27.5 million initial public offering of Sequana Medical
Sequana Medical is a commercial stage medical device company focused on the development of innovative treatment solutions for the management of liver disease, heart failure, malignant ascites and other fluid imbalance disorders. Sequana Medical's lead product alfapump® is a fully implantable, programmable, wirelessly-charged, battery-powered system that is CE-marked for the management of i) refractory ascites (chronic fluid build-up in the abdomen) due to liver cirrhosis and ii) malignant ascites (with a life expectancy of six months or less). The company recently received Breakthrough Device designation from the FDA for its alfapump® for the treatment of liver recurrent or refractory ascites. The number of patients with liver refractory ascites is forecasted to increase dramatically due to the growing prevalence of NASH (Non-alcoholic Steatohepatitis). Sequana Medical is developing the alfapump® DSR, built upon the proven alfapump® platform, to deliver a convenient and fully implanted system for Direct Sodium Removal ("DSR") therapy, a novel and proprietary approach for the management of volume overload in heart failure. A first in human study for DSR therapy is ongoing. Sequana Medical is headquartered in Ghent, Belgium.