Financings In Brief

Amedica cancels IPO plan: Orthopedic implant maker Amedica cancels plans for an initial public offering, citing adverse stock market conditions in an Aug. 1 statement. The firm says its cash position is "adequate" to continue preparations for a 2008 U.S. market debut of its initial Valeo silicon nitride ceramic spinal implant, and that it will pursue additional financing at an "appropriate" time in the future (1"The Gray Sheet" June 4, 2007, p. 7)...