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THERMEDICS INC. FILES FOR PUBLIC OFFERING OF COMMON STOCK

 WOBURN, Mass., April 12 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD) has filed with the Securities and Exchange Commission a registration statement for a public offering by the company of 2 million shares of its common stock. NatWest Securities Limited and First Albany Corporation will co-manage 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.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Copies of the prospectus relating to the offering may be obtained from the Prospectus Department, NatWest Securities Limited, 100 Wall Street, New York, NY 10004.
 -0- 4/12/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO TMD)


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

TM -- NE003 -- 4675 04/12/93 10:02 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
Words:250
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