SQI looks south

Canadian diagnostics play SQI Diagnostics Inc. (TSX:SQD) is on a road show to raise US$30 million through an IPO on NYSE Amex and a simultaneous follow-on offering in Canada. The offerings were expected to price this week.

Leerink Swann and Rodman & Renshaw are the U.S. underwriters, while Kingsdale Capital Markets is the underwriter in Canada...