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Clinical Laboratory News - American Association for Clinical ...

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iNdustry<br />

p r o f i L e s<br />

p r o f i L e s<br />

Gen-probe offers $334 million<br />

molecular diagnostics market, which we<br />

estimate is growing at roughly double the<br />

bid <strong>for</strong> innogenetics<br />

rate of the U.S. market,” said Gen-Probe<br />

seeking a deal that could make it the CEO Hank Nordhoff. “The proposed ac-<br />

largest stand-alone molecular diagquisition would provide access to a number<br />

nostics company in the world, Gen-Probe of complementary products, technologies,<br />

launched a $334 million cash bid <strong>for</strong> the and markers that are generating revenue<br />

Ghent, Belgium-based diagnostics compa- today or that we believe could be commerny<br />

Innogenetics. The Gen-Probe offer is 6%<br />

higher than an initial April 25 bid by Solvay<br />

Pharmaceuticals S.A. (Brussels, Belgium).<br />

cialized in the future.”<br />

If Innogenetics accepts the Gen-Probe bid, siemens, labcorp planning<br />

the combined company would boast more<br />

than $500 million in sales <strong>for</strong> 2008, according<br />

to Gen-Probe. “We believe our pro-<br />

To co-develop Tests<br />

siemens Healthcare and LabCorp announced<br />

a preliminary agreement to<br />

posed acquisition of Innogenetics would co-develop new clinical diagnostic tests<br />

provide strategically valuable marketing <strong>for</strong> companion diagnostics, metabolic<br />

and sales, distribution, and manufacturing syndrome, oncology, and diabetes. “This<br />

capabilities to accelerate commercialization agreement establishes a framework that<br />

of Gen-Probe products in the European gives both companies an opportunity to of-<br />

fer new diagnostic tests to the laboratories,<br />

physicians, and their patients more quickly<br />

and effectively than either could do alone,”<br />

said David Hickey, senior vice president of<br />

strategic planning and business development<br />

<strong>for</strong> Siemens. “Advancing healthcare<br />

<strong>for</strong> patients is an important commitment<br />

that we can reach through strategic relationships<br />

such as this.” Financial terms were<br />

not disclosed.<br />

labcorp signs deal to offer<br />

companion Test <strong>for</strong> new<br />

schizophrenia drug<br />

announced a deal with Vanda<br />

l abCorp<br />

Pharmaceuticals to develop and sell<br />

diagnostic tests <strong>for</strong> pharmacogenetic markers<br />

that Vanda identified in the course of its<br />

development of the schizophrenia drug Fanapta<br />

(iloperidone), which is still under FDA<br />

review. “Working with innovative companies<br />

like Vanda to commercialize predictive<br />

medicine tests is a critical strategic focus <strong>for</strong><br />

LabCorp,” said Andrew Conrad, PhD, chief<br />

scientist and global head of clinical trials <strong>for</strong><br />

LabCorp. “This collaboration is an example<br />

of our commitment to the advancement of<br />

personalized medicine and represents a successful<br />

translation of a research-based assay<br />

into a valuable diagnostic test. This relationship<br />

is consistent with our focus on companion<br />

diagnostics.” Financial terms of the<br />

deal were not disclosed.<br />

nanogen Gets cdc<br />

contract <strong>for</strong> flu Test<br />

<strong>for</strong> the second time, the CDC has<br />

awarded Nanogen a contract to develop<br />

a rapid flu test as part of the CDC’s<br />

plan to prepare <strong>for</strong> a potential flu pandemic.<br />

The $10.4 million, 2-year contract will<br />

have Nanogen develop a fast molecular test<br />

that simultaneously detects and differenti-<br />

ates influenza A, B, seasonal flu (H1N1 and<br />

H3N2) strains, and RSV. The agreement<br />

also provides <strong>for</strong> a secondary test <strong>for</strong> avian<br />

flu strains (H5N1, H7N1,and H9N1) to be<br />

used <strong>for</strong> samples that are positive <strong>for</strong> flu A<br />

but negative <strong>for</strong> seasonal flu. Nanogen said<br />

the test will be significantly more sensitive<br />

than current rapid flu tests and will take half<br />

the time. “Recently there have been a number<br />

of multiplexed molecular products <strong>for</strong><br />

respiratory targets to hit the market,” said<br />

Nanogen CEO Howard Birndorf. “These<br />

products, however, are expensive and test<br />

<strong>for</strong> more pathogens than are useful in clinical<br />

diagnosis. Having a fast molecular assay<br />

that can be used as a confirmatory test <strong>for</strong><br />

influenza will improve the tools available<br />

to clinicians <strong>for</strong> better patient health management.”<br />

Nanogen will develop the test in<br />

partnership with the Medical College of<br />

Wisconsin and Handylab, Inc.<br />

chembio awarded nih<br />

Grant <strong>for</strong> rapid Tb Test<br />

chembio Diagnostics announced a<br />

$296,000 NIH Small Business Innovation<br />

Research (SBIR) grant to develop a<br />

simple, rapid, accurate, and cost-effective<br />

blood test <strong>for</strong> active tuberculosis that can<br />

be used in resource-limited settings. The<br />

test will use Chembio’s Dual Path Plat<strong>for</strong>m<br />

technology together with antigens from a<br />

large panel of novel recombinant antigens<br />

identified at the Infectious Disease Research<br />

Institute (IDRI, Seattle, Wash.), a research<br />

organization focused on technologies <strong>for</strong><br />

the developing world. Under the terms of<br />

its NIH SBIR award, Chembio will share<br />

approximately 1/3 of the grant funds with<br />

IDRI. Chembio will develop the new test<br />

<strong>for</strong> POC or field use, with results produced<br />

within 15 minutes. The test will offer a visual<br />

reading, as well as an optional automated<br />

readout of the result.<br />

CliniCal laboratory news JuLy 2008 45

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