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THERMEDICS INC. COMPLETES PUBLIC OFFERING OF COMMON STOCK

 WOBURN, Mass., May 18 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD) announced today that it has completed a public offering of 2,000,000 shares of its common stock at a price of $15.00 per share. NatWest Securities Limited and First Albany Corporation have co-managed th offering. The underwriters have an over-allotment option, until June 9, 1993, to purchase an additional 300,000 shares.
 Thermedics develops, manufactures, and markets explosives- and drug- detection devices, product quality-assurance systems, electronic test instruments, implantable heart-assist devices and other biomedical products, and provides analytical laboratory services. Thermedics is a public subsidiary of Thermo Electron Corporation.
 -0- 5/18/93
 /CONTACT: John Hatsopoulas of Thermo Electron Corp., 617-622-1111/


CO: Thermo Electron Corp. ST: Massachusetts IN: MTC SU: OFR

SM -- NE008 -- 9791 05/18/93 12:45 EDT
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Publication:PR Newswire
Date:May 18, 1993
Words:131
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