ALFRED MANN AT IT AGAIN; LATEST INITIAL PUBLIC OFFERING BID INVOLVES MINIMED SPINOFF ADVANCED BIONICS.(Business)

From: Daily News (Los Angeles, CA) | Date: January 15, 1999 | Copyright information

Byline: Ben Sullivan Daily News Staff Writer

IPO watchers take note: Alfred Mann, godfather of Los Angeles biomedicine, is about to take another company public.

At a biotechnology conference this week in San Francisco, officials with Mann's Sylmar-based Advanced Bionics discussed the company with analysts and investors. The company now expects to have an initial public offering later this year, a spokesman told the Daily News.

Interest in the IPO is expected to be strong. Unlike recent IPOs for Internet-based companies, Advanced Bionics has strong sales and sells an ...

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