Lantheus Medical Imaging's parent company, Lantheus Holdings, is set to launch its initial public offering (IPO) of stock on June 25.
The company plans to raise approximately $75 million by issuing 7.9 million shares of stock at $8.50 to $10.50 per share. The stock will be listed on the Nasdaq exchange under the ticker symbol LNTH.
Lantheus reported worldwide revenue of $301.6 million in 2014, a 6% increase over revenue of $283.7 million in 2013. The company also reported a net loss of $1.2 million last year, compared with a net loss of $61.7 million in 2013.
