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Medication risk management solutions provider Tabula Rasa files for a $115mm IPO

January 4, 2016
TRHC

Tabula Rasa HealthCare, a provider of individualized technology solution to decrease adverse drug events (ADEs), filed on Monday with the SEC to raise up to $115mm in an initial public offering.

The Moorestown, NJ-based company, which was founded in 2011 and booked $64 million in sales for the 12 months ended September 30, 2015, plans to list on the Nasdaq under the symbol TRHC. Tabula Rasa HealthCare filed confidentially on 11/15/2013. Wells Fargo Securities, UBS Investment Bank and Piper Jaffray are the joint bookrunners on the deal. No pricing terms were disclosed.