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Lab Companies’ IPOs Go Two-for-Three in November

It’s been a busy IPO season for companies with proprietary molecular and/or genetic tests

CEO SUMMARY: This fall, a parade of molecular and genetic test companies moved forward with initial public offerings (IPOs) of their stock. In September, Foundation Medicine raised $106 million from its IPO. Encouraged by this success, three different companies proceeded with IPOs during November. The IPOs of Veracyte and Oxford Immunotec raised $58 million and …

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