Natera Priced, Nasdaq: NTRA

Sells non-invasive prenatal disease screening tests.

Industry: Health Care

Latest Trade: $8.70 0.00 (0.0%)

First Day Return: +26.3%

Return from IPO: -51.7%

Industry: Health Care

We are a rapidly growing diagnostics company with proprietary molecular and bioinformatics technology that we are deploying to change the management of genetic disease worldwide. Our novel molecular assays reliably measure many informative regions across the genome from samples as small as a single cell. Our statistical algorithms combine these measurements with data available from the broader scientific community to detect a wide range of serious conditions with best in class accuracy and coverage. In addition to our direct sales force in the United States, which we are continuing to expand, we have a global network of over 70 laboratory and distribution partners, including many of the largest international laboratories. We are enabling even wider adoption of our technology by introducing a global cloud-based distribution model. We have launched seven molecular diagnostic tests since 2009, and we intend to launch new products in prenatal testing and oncology in the future. In March 2013, we launched Panorama, our non-invasive prenatal test. Over 185,000 Panorama tests were accessioned during the year ended December 31, 2014 and over 55,000 Panorama tests were accessioned during the three months ended March 31, 2015. Our revenues have grown from $4.3 million in 2010 to $159.3 million in the year ended December 31, 2014, and from $27.3 million in the three months ended March 31, 2014 to $47.4 million in the three months ended March 31, 2015.
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IPO News for Natera
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IPO Data
IPO File Date 06/01/2015
Offer Price $18.00
Price Range $17.00 - $18.00
Offer Shares (mm) 10.0
Deal Size ($mm) $180
IPO Data
IPO Date 07/01/2015
Offer Price $18.00
Price Range $17.00 - $18.00
Offer Shares (mm) 10.0
Deal Size ($mm) $180
Underwriters
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Company Data
Headquarters San Carlos, CA
Founded 2003
Employees 674
Website www.natera.com