We're rapidly approaching the end of 2012 and, while initial public offerings for tech companies usually grab the headlines, the health care space also had a number of exciting IPOs this year. Not all of them were winners, but Merrimack Pharmaceuticals (NASDAQ:MACK) is up more than 13% year to date (as of this writing). In the following video, health care analysts Max Macaluso and Brenton Flynn discuss Merrimack's business and drug pipeline.

Brenton FlynnMax Macaluso, Ph.D., and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.