Lantheus schedules IPO for June 25

Lantheus Medical Imaging's parent company, Lantheus Holdings, is set to launch its initial public offering (IPO) of stock on June 25.

The company plans to raise approximately $75 million by issuing 7.9 million shares of stock at $8.50 to $10.50 per share. The stock will be listed on the Nasdaq exchange under the ticker symbol LNTH.

Lantheus reported worldwide revenue of $301.6 million in 2014, a 6% increase over revenue of $283.7 million in 2013. The company also reported a net loss of $1.2 million last year, compared with a net loss of $61.7 million in 2013.

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