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Medical device maker Thermage announces terms

October 24, 2006

Thermage, a manufacturer of medical devices for the treatment of wrinkles, set the terms for its IPO on Tuesday. The company plans to offer 6 million shares at a range of $11-$13. The deal has a proposed market cap of $305 million and is expected to price the week of November 6th. Merrill Lynch will lead the group of underwriters on the deal.