Clinical Laboratory News - American Association for Clinical ...
Clinical Laboratory News - American Association for Clinical ...
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