Picis, the Wakefield based maker of medical software filed on Friday for an IPO in the range of $86.26 Million.  Not that I cover medical software that much (although I’ve thought about the pharmaceutical space considering our location) but I thought it would be nice to cover a local start-up filing for an IPO for a change. 

No intricate details were released on what the funding would be used for but The Boston Globe reports that the company said it plans “to use net proceeds from the IPO for general corporate purposes”.

Goldman, Sachs & Co. will act as the sole book-running manager of the proposed offering. Piper Jaffray & Co. will act as co-lead manager, and Thomas Weisel Partners LLC and William Blair & Company will act as co-managers.