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TomoTherapy considers IPO with medical-device business on the rise

A technology that could bring better, safer treatments to cancer patients worldwide might have fallen through the cracks. Now Tomotherapy, a Madison medical-device firm with more than 200 employees that has grown to $44 million in sales, could go public within a year, its founder said.

The company is run by Thomas "Rock" Mackie, a UW-Madison professor who was spurred into going commercial......

Full article >>> the mid 1990s the law firm started working with Mackie on Tomotherapy, leading to incorporation in 1997 and four rounds of venture financing.

And, Shively added, "It's a little bit of a story about the underdog. This is a company that started very small ... and is now competing against national and international companies."

On top of the heap is
Full article >>> Massachusetts-based drug giant Genzyme.

Around Milwaukee, health-care companies such as Merge Technologies (medical imaging) and Criticare Systems (patient monitoring) join several manufacturing, IT and financial outfits. The giant GE Healthcare, though it has major operations in Milwaukee, is headquartered in the United Kingdom.

In all, a public Tomotherapy would join an exclusi......

Full article >>>
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Source:wistechnology.com By Jason Stitt 05/31/05


Related biology technology :

1. TomoTherapy reports 86% revenue jump, $131M net loss in Q1
2. TomoTherapy opens technical training center
3. TomoTherapy raises $223 million in IPO
4. TomoTherapy revises IPO money target
5. Hospital named for Madame Curie installs TomoTherapy system
6. TomoTherapy files registration statement for IPO
7. TomoTherapy to sell medical devices in India
8. TomoTherapy sees sustained market advantage
9. TomoTherapys 100th radiology system reaches public sector
10. TomoTherapy extends reach to Germany
11. Cash-rich TomoTherapy has no plans for IPO
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