MedSpace Holdings files for $150 million IPO

Clinical-research company MedSpace Holdings Inc. has filed to sell up to $150 million worth of shares in an initial public offering. Medspace, based in Cincinnati, said it earned an adjusted $11.5 million in the three months ended March 31, compared with $11 million in the year-ago period. MedSpace's sales hit $320 million in 2015. The company plans to trade on the Nasdaq under the symbol MEDP.

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