IPO Company Profile
Current Quote | News | SEC Filings | Peer IPO Companies
Vysis, Inc.
3100 Woodcreek Drive, Downers Grove, IL 60515 * (630) 271-7000

The company is a leading Genomic Diagnostics company that develops, commercializes and markets clinical products that provide information critical to the evaluation and management of cancer, prenatal disorders and other genetic diseases.

Primary Underwriting Group
ManagerTierPhone
Furman Selz IncorporatedLead Manager (212) 309-8285
Deutsche Morgan GrenfellCo-manager (212) 469-5600
Everen Securities, Inc.Co-manager (312) 574-6859

Offering Information
NASNTL:VYSI Manufacturing: SIC 2835
Type of Shares:Common Shares Filing Date:10/17/97
U.S. Shares:3,000,000 Offer Date:2/4/98
Non-U.S. Shares:0 Filing Range:$13.00 - $15.00
Primary Shares:3,000,000 Offer Price:$12.00
Secondary Shares:0 Gross Spread:$0.84
Offering Amount: $42,000,000 Selling:$0.50
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:9,501,260
Spin out parent firm: Amoco Corporation
Employees:145

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Mayer, Brown & Platt
Bank's Law Firm: Willkie Farr & Gallagher
Auditor: Price Waterhouse

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 6/30/97 6/30/96 6/30/97
Revenue:$13.24$8.07$5.38Assets:$14.57
Net Income:-$18.18-$7.63-$9.25Curr Assets:$7.15
EPS:-$2.98-$1.25-$1.51Liabilities:$17.04
Prior EPS:Curr Liab:$17.04
Cash Flow/Oper:-$18.28-$7.08-$8.06Equity:-$2.47
Cash Flow/Fin:$12.42$7.76$2.37Cash:$0.17
Cash Flow/Inv:$5.65-$0.50$5.53Working Cap:-$9.89

Use of Proceeds
The proceeds from the proposed offering will be used to accelerate product development, expand sales and marketing capability, acquire complementary technologies and intellectual property rights as opportunities arise and repay indebtedness.

Principal and Selling Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Amoco Corporation1.000.63
Note: Represents ownership of 5% or more prior to the offering.
©1998 IPO Data Systems, Inc. - All rights reserved.