Transfusion Diagnostics Provider Quotient Files For A $75 Million IPO

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Quotient, which sells diagnostic tests for blood grouping and serological disease screening, filed on Friday with the SEC to raise up to $75 million in an initial public offering. The Midlothian, United Kingdom-based company, which was founded in 2007 and booked $19 million in sales for the 12 months ended December 31, 2013, plans to list on the NASDAQ under the symbol QTNT. Quotient initially filed confidentially on January 22, 2014.

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