Epocrates, Inc. Announces Pricing of Initial Public Offering

SAN MATEO, Calif.--(BUSINESS WIRE)--Epocrates, Inc. (NASDAQ:EPOC) today announced the pricing of the initial public offering of 5,360,000 shares of its common stock at a price to the public of $16.00 per share. The shares are expected to begin trading today on the NASDAQ under the ticker symbol "EPOC." Epocrates is offering 3,574,285 shares and selling stockholders are offering the remaining 1,785,715 shares. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 804,000 shares of common stock from Epocrates to cover over-allotments, if any. Epocrates will not receive any proceeds from the sale of shares by the selling stockholders.