BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
EMPLOYEES: 235 employees
HISTORY: Founded in 1993
Acquired SynX Pharma Inc. (4/04)
Merged with Epoch Biosciences Inc. (12/04)
To acquire Spectral Diagnostic Inc.’s rapid cardiac immunoassay test
business (as of 12/05)
To acquire the diagnostics division of Amplimedical SpA (as of 4/06)
FACILITIES: 51,000 sq. ft. in San Diego, Calif.
30,000 sq. ft. in Bothell, Wash.
50,000 sq. ft. in Toronto, Canada
2,600 sq. ft. in Helmond, Netherlands
STOCK-FINANCIAL HISTORY: NASDAQ--NGEN
IPO--3.9M shares at $11/share, $42.9M (4/98)
Secondary offering--$80M (11/00)
Revenue $12.544M (YE 05) compared to $5.374M (YE 04)
Net loss (YE 05) compared to (YE 04)
Loss per share (YE 05) compared to (YE 04)
Average shares outstanding 49.585M (YE 05) compared to 32.203M (YE
04)
Total assets $98.081M (YE 05) compared to $176.024M (YE 04)
PRIVATE PLACEMENTS: Raised $26.2M through private placement of Series C preferred stock (3/97)
Raised $20M through private placement of 6.8M shares and 1M warrants
(9/05)
SUBSIDIARIES/DIVISIONS: Molecular Research Products division:
21720 23rd Drive S.E., No. 150
Bothell, WA 98021
Phone: (800) 562-5544
Fax: (425) 482-5550
E-mail: molecularresearch@nanogen.com
Point of Care Diagnostics division:
1 Marmac Drive
Toronto , Ontario
M9W 1E7 Canada
Phone: (877) 246-7593
Fax: (416) 798-3447
E-mail: nanogenpoc@nanogen.com
Nanogen Europe BV:
Steenovenweg 3
5708 HN Helmond
Netherlands
Phone: +31 (0)492-507-160
Fax: +31 (0)492-507-179
PRINCIPAL INVESTORS: Birndorf Biotechnology Development
Enterprise Partners
InterWest Partners
Kleiner, Perkins, Caufield and Byers
New Leaf Venture Partners
INVESTMENTS: Jurilab Ltd.
FINANCIAL INFORMATION: Completed $3.5M round of venture capital financing (2/94)
Completed $9.5M round of venture capital financing (10/95)
Received $2M two-year grant from U.S. Department of Commerce (7/95)
Received $500K grant from Bude Technology Group (4/96)
Received $250K grant from the State of California Defense Conversion
Matching Grant (6/96)
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