Nasdaq’s Head of IPO Listings Bob McCooey says the pipeline for initial public offerings in 2015 is on track to be stronger than what investors saw in 2014. If his forecast holds true, it would be the best year for IPOs since the turn of the century. In 2014, there were 189 public offerings on Nasdaq (61% of total IPOs) which raised roughly $22 billion. A little over 100 of those offerings were in the healthcare and biotech space, making it the strongest sector. McCooey says the appetite for both healthcare and biotech offerings continues to be strong. Both S-1 filings and the total number of applications to go public are at 5-year highs. On the tech front, McCooey says watch for IPOs from ‘devices, enterprise, social and media that crosses over into technology.’ TheStreet’s Ruben Ramirez reports from Orlando.
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