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Summer Street Research Partners Closes Two More Healthcare Company Financings

Posted on: Tuesday, 27 January 2009, 10:27 CST

BOSTON, Jan. 27 /PRNewswire-FirstCall/ -- Summer Street Research Partners, a healthcare-dedicated investment firm, is pleased to announce that it served as exclusive U.S. Placement Agent in the 6.4 mln pounds sterling capital raise for U.K.-based Lombard Medical Technologies PLC (AIM: LMT) closed yesterday. Summer Street also served as Lombard's exclusive U.S. Placement Agent for the company's September 2008 capital raise. Robert Goldman, Head of Investment Banking for Summer Street Research Partners, commented, "Our participation in two successful capital raises for Lombard Medical in very difficult capital market environments continues to provide testimony to our success in raising funds for high quality healthcare companies worldwide. Common shares were placed amongst large well respected institutions and we are delighted to list Lombard Medical as one of our clients. Summer Street's dedicated healthcare focus works for our clients, especially in these difficult times, and we are pleased to report that our momentum and deal pipeline are strong."

CONTACT: Robert M. Goldman, CFA Senior Managing Director Head of Investment Banking Summer Street Research Partners Phone: (617) 532-6409 bobg@summersp.com

SOURCE Summer Street Research Partners

Source: PR Newswire

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