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Medical Software Firm Returns To The Black.(B)
Byline: David Saito-Chung
Impac Medical Systems went public Nov. 20 at $15 a share and closed at 17.72. This runs counter to comments reported earlier that day by IPOfinancial.com's David Menlow, who said, "We expect a flat to slightly positive opening and hope that the sellers will disappear quickly." The stock has kept those gains, moving sideways for six weeks.
The firm's software and systems help cancer specialists by integrating imaging, lab data, schedules and other information. Customers include the Oncology Care Center in Belleville, Ill., and the University of Miami's Sylvester Cancer Center.
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