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THERMEDICS INC. COMMENCES PUBLIC OFFERING OF COMMON STOCK

 WOBURN, Mass., May 11 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD) announced today that it has commenced a public offering of 2,000,000 shares of its common stock at a price of $15 per share. NatWest Securities Limited and First Albany Corporation are co-managing the offering. The underwriters have been granted a 30-day over-allotment option 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.
 Copies of the prospectus relating to the offering may be obtained from the Prospectus Department, NatWest Securities Limited, 100 Wall Street, New York, N.Y., 10004.
 -0- 5/10/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO


CO: Thermo Electron ST: Massachusetts IN: SU: IPO

DJ -- NE008 -- 6887 05/11/93 09:14 EDT
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Publication:PR Newswire
Date:May 11, 1993
Words:152
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