Medidata Files IPO

Martin, Scott
January 2009
Red Herring;1/26/2009, p2
Trade Publication
The article reports on the move by Medidata, a New York City-based maker of online documentation software for the pharmaceutical industry, to file in January 2009 its intention to go public in a bid to raise $86 million. Founded in 1999, Medidata has been unprofitable since its start, according to the documents filed with the U.S. Securities and Exchange Commission. The documents also indicate that the company has incurred $38 million in losses as of September 2008.


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