TomoTherapy raises $223 million in IPO

Radiation therapy firm TomoTherapy went public this week in an initial public offering (IPO) launched on May 8.

The Madison, WI, company offered 11.7 million shares at an offer price of $19 per share, raising more than $223 million. The IPO opened at $24 per share, according to investment site MarketWatch, but as of May 10 had retreated to $21.50 in intraday trading.

By AuntMinnie.com staff writers
May 10, 2007

Related Reading

TomoTherapy nets French sale, March 27, 2007

TomoTherapy plans IPO, February 13, 2007

TomoTherapy lands installation in India, December 26, 2006

TomoTherapy unveils CTrue technology, November 28, 2006

TomoTherapy hits sales century mark, gets VA install, October 31, 2006

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