Seattle medical-device company, Northstar Neuroscience seeks IPO to raise up to $85 million

A Seattle medical-device company focused on rehabilitating stroke victims plans to end the drought of initial public stock offerings from Washington’s life-sciences sector.

Northstar Neuroscience http://www.northstarneuro.com/ is seeking up to $85 million in an IPO to fund an advanced clinical trial and develop its technology for other applications, the company said Wednesday in a Securities and Exchange Commission filing.

By Benjamin J. Romano

Seattle Times business reporter

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2002838127_northstar02.html