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Picking up the pace: Global CRO Medpace prices IPO at $23, the high end of the range

August 10, 2016
MEDP

Medpace Holdings, a global full-service CRO focused on small and mid-sized biopharmaceuticals, raised $161 million by offering 7 million shares at $23, the high end of the range of $20 to $23. Medpace Holdings plans to list on the Nasdaq under the symbol MEDP. Jefferies, Credit Suisse, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.