Medical Data Collector LinkDoc Could Face Cash Crunch After IPO Withdrawal

Oncology-focused information provider’s 12-month operating plan had included $200 million in IPO funds that it will no longer have Key points:  LinkDoc has indefinitely shelved its $211 million IPO, with no word on when or if it will eventually proceed Company had estimated IPO funds, combined with current cash and cash flow, would be enough to meet its needs for at least 12 months By Richard Barbarossa Chinese oncology-focused medical data firm LinkDoc Technology Ltd., which is backed by e-commerce giant Alibaba, was looking forward to marking a major milestone…

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