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May 26, 2005

IPO for Long Island-based company that treats HIV/AIDS patients

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Posted by Dominic Basulto

Long Island-based Allion Healthcare priced its IPO yesterday. The company plans to sell 4 million shares at an estimated price range of $12 to $14 per share, for a total of up to $56 million. The lead underwriter for the deal will be Thomas Weisel Partners. Allion provides specialty pharmacy and disease management services to patients with HIV and AIDS.

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