IPO News Archive

Clinical data services provider Medidata sets IPO terms and timing

6/3/09


Medidata, which provides an on-demand hosted technology platform for capturing and managing clinical trial data, announced terms for its IPO on Wednesday. The company plans to raise $76 million by offering 6.3 million shares at a price range of $11.00 to $13.00. Medidata, which was founded in 1999 and booked $118.4 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol MDSO. Citi and Credit Suisse are the lead underwriters on the deal, which is expected to price during the week of June 15.

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Source: www.RenaissanceCapital.com
Latest User Comments
Take a Look 6/19/2009 3:02:31 PM
Posted by: polopony
Venture backed, technology and health care. Sounds good to me....
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