MedCity News June 24, 2021
The social network for physicians recently went public in an upsized IPO that valued the company at about $4.6 billion. With many physicians already on the platform, chief strategy officer Dr. Nate Gross shared the company’s plans for future growth.
Medical social networking site Doximity’s stock nearly doubled in its first day of trading on Thursday, valuing the company at $9.4 billion. Priced at $26 per share, the company’s stock was trading above $53 by the end of the day.
Doximity, which calls itself the “LinkedIn for doctors,” had been growing at a rapid pace leading up to this moment. While it has drummed up 1.8 million members, the company brings in most of its money from firms looking...
Today's Sponsors
Today's Sponsor