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$FOUNDATION MEDICINE INC(FMI)$
Thursday, Mar 20

6:08 PM

Foundation Med files for secondary offering

Recent IPO Foundation Medicine (FMI)  files an S-1 for a $150M public offering of common stock.Proceeds to be used to accelerate the growth of domestic operations, targeted growth of international operations, R&D, infrastructure build-out, funding of clinical trials and general corporate purposes.2013 revenues were $29M up 172% from 2012 and up >13x from 2011.Operations burned $31M last year up 79% from the previous year.Cash and equivalents were $124M at year end.The firm's market cap is $1.1B.126 mutual funds have positions.

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2014-03-21 21:49

增发真快

2014-03-21 13:34

up up up up ~~~~