Epocrates Re-files for IPO

7/19/10

Epocrates, the San Mateo, CA-based software company that makes healthcare-related mobile applications for doctors and nurses who use iPhones, Android phones, Blackberry phones, and other information devices, restarted the initial public offering process on Friday submitting a new S-1 registration form to the Securities and Exchange Commission. The company has raised $86 million in venture financing and hopes to raise another $75 million through the IPO, which had originally been planned for 2008. In its prospectus the company says that doctors beset by “growing administrative complexities, increasing reimbursement pressures and a constantly changing regulatory environment” need technological help, including “access to relevant and reliable clinical information at the point of care.”

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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