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TomoTherapy set to go public

No date has been set, but TomoTherapy’s initial public offering of stock could be drawing near.

The Madison-based tech company on Thursday filed an amended registration statement with the U.S. Securities and Exchange Commission indicating that it could raise up to $213 million in its IPO. The company has applied to be listed on the Nasdaq Global Market under the symbol “TTPY.”

TomoTherapy says its “Hi-Art” cancer treatment system precisely delivers radiation with sub-millimeter accuracy to kill cancer cells while reducing radiation exposure to surrounding healthy tissue.