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D. Medical prices IPO at $7.00, at the low end of the downwardly revised range

August 5, 2010

D. Medical, a medical device company that develops and manufactures insulin pumps, raised $11 million by offering 1.5 million shares at $7, below the range of $10-$12. D. Medical plans to list on the NASDAQ under the symbol DMED. Rodman & Renshaw acted as lead manager on the deal.