Diagnostics & Imaging Week articles from February 2003

Diagnostics & Imaging Week archives from February 2003

Roche Diagnostics signs $70m GeneChip deal with Affymetrix.
February 6, 2003... Roche Diagnostics (Basel, Switzerland) last week signed a GeneChip technology license agreement with its developer, Affymetrix (Santa Clara, California), that will bring Affymetrix at least $70 million over the next five years. The...

Two annexins offer potential for new thrombotic markers. (Report from Europe).(Brief Article)
February 6, 2003... Although the precise biological function of annexins, a family of phospholipid and calcium binding proteins, is not yet clear, at least two of them, annexin A2 and annexin A5, have been shown to play a role in blood coagulation mechanisms. ...

FDA's McClelland unveils plan to speed product development.
February 6, 2003... WASHINGTON -- The FDA unveiled an agency-wide initiative late last week to make medical technologies available sooner and reduce the costs of developing safe and effective medical products. The effort involves all four FDA product review...

CeMines' technology aims at cancer diagnosis and treatment.
February 6, 2003... CeMines (Evergreen, Colorado) is moving forward with its Molecular FingerPrinting technology in the hopes that its science can be used for diagnostic tests to determine not only whether an individual has cancer--even at its very early...

HHS approves CLIA waiver for OraSure's rapid HIV test.
February 6, 2003... A Diagnostics & Imaging Week Staff Report Tommy Thompson, secretary of Health and Human Services (HHS; Washington), said last Friday that HHS approved a Clinical Laboratory Improvements Amendments (CLIA) waiver for OraSure Technologies'...

LabCorp to acquire California assets from Quest for $4.5m. (Deals roundup).
February 6, 2003... A Diagnostics & Imaging Week Staff Report Laboratory Corporation of America Holdings (LabCorp; Burlington, North Carolina) has executed an agreement to pay $4.5 million in cash to purchase certain assets in Northern California from Quest...

OnCure Technologies (Newport Beach, California) reported that it has teamed up with Ninth City Landowners, a general partnership, to form a joint venture named FROG OnCure Southside LLC. (Deals roundup).(Brief Article)
February 6, 2003... * OnCure Technologies (Newport Beach, California) reported that it has teamed up with Ninth City Landowners, a general partnership, to form a joint venture named FROG OnCure Southside LLC. Two members of the company's board of directors are...

Molecular Diagnostics. (Deals roundup).(Brief Article)
February 6, 2003... * Molecular Diagnostics (Chicago, Illinois) reported entering into advanced merger and license/strategic partner discussions with six companies. CEO and Chairman Peter Gombrich said that a number of "prominent and mid-sized companies... have...

Igen reports record revenues, halving of loss in 3rd quarter. (Earnings roundup).(Brief Article)
February 6, 2003... A Diagnostics & Imaging Week Staff Report Igen International (Gaithersburg, Maryland), manufacturer of Origen-based systems for clinical diagnostics, pharmaceutical R&D, biodefense testing and other uses, said revenues for the third fiscal...

Cytyc. (Earnings roundup).(Brief Article)
February 6, 2003... Cytyc (Boxborough, Massachusetts), maker of the ThinPrep Pap Test and FirstCyte Breast Test, said fourth-quarter revenues increased 5% to $66.7 million from $63.3 million in the same quarter of last year, while net income was $17.9 million or...

Angeion (St. Paul, Minnesota) reported results for the 10-month period ended Oct. 31, reflecting both a change in its fiscal year and the "fresh start" accounting rules the company said it is required to adopt in connection with its Oct. 25, 2002, emergence from Chapter 11 bankruptcy. (Earnings roundup).(Brief Article)
February 6, 2003... * Angeion (St. Paul, Minnesota) reported results for the 10-month period ended Oct. 31, reflecting both a change in its fiscal year and the "fresh start" accounting rules the company said it is required to adopt in connection with its Oct. 25,...

Endocardial Solutions. (Earnings roundup).(Brief Article)
February 6, 2003... * Endocardial Solutions (St. Paul, Minnesota) said sales for the fiscal year ended Dec. 31 grew to $26.27 million from $22.89 million in 2001, while its net loss for the year increased to $9.96 million or 61 cents a share from the loss of $8.48...

Exact Sciences. (Earnings roundup).(Brief Article)
February 6, 2003... * Exact Sciences (Maynard, Massachusetts) said revenues in the fourth quarter ended Dec. 31 totaled $408,000 compared to $38,000 a year earlier, while the net loss grew to $7 million or 38 cents a share from the loss of $7.11 million or 37...

Magna-Lab. (Earnings roundup).(Brief Article)
February 6, 2003... * Magna-Lab (Syosset, New York), developer of noninvasive and minimally invasive products to make magnetic resonance imaging technology more effective for detecting and diagnosis heart disease, reduced its net loss in both the third quarter and...

Meridian Bioscience. (Earnings roundup).(Brief Article)
February 6, 2003... * Meridian Bioscience (Cincinnati, Ohio) said net sales in 1Q03 ended Dec. 31 increased 19% to $16.1 million from $13.55 million in the prior-year period, while net income was $1.42 million or 10 cents a diluted share, up 20% from $1.19 million...

TheraSense. (Earnings roundup).(Brief Article)
February 6, 2003... * TheraSense (Alameda, California), maker of the FreeStyle glucose monitoring system, estimated that revenues for the fourth quarter will be about $46 million and for the full year about $177 million, the latter a 147% increase over 2001...

TechniScan raises $2 million in Series B for breast diagnostics. (Financings roundup).
February 6, 2003... A Diagnostics & Imaging Week Staff Report TechniScan (Salt Lake City, Utah), a developer of ultrasound imaging technology for breast cancer screening and diagnosis, reported raising more than $2 million in a Series B round of financing. ...

LifePoint. (Financings roundup).(Brief Article)
February 6, 2003... LifePoint (Ontario, California), a developer of noninvasive drug and alcohol diagnostic technologies and solutions, said it plans to raise between $7 million and $10 million in funding, tn November, LifePoint closed on the initial $2.5 million...

EPMedSystems. (Financings roundup).(Brief Article)
February 6, 2003... * EPMedSystems (EPMD; West Berlin, New Jersey) has sold an aggregate of just over 2 million of its newly issued common stock and warrants to purchase 802,990 authorized but unissued shares of its common stock in a private placement to existing...

Medweb supports Shadow Bowl initiatives.(Brief Article)
February 6, 2003... Medweb (San Francisco, California) provided a Mobile Medical Communications & Triage Vehicle and an Instant Internet Field Clinic (IIFC) for Shadow Bowl initiatives at the recent Super Bowl. Shadow Bowl was organized to demonstrate applied...

AS&E gets orders for linear accelerators from Accuracy. (Grants/contract news).(Brief Article)
February 6, 2003... American Science and Engineering (AS&E; Billerica, Massachusetts/Santa Clara, California), which focuses on X-ray detection technology, said it received orders for multiple linear accelerators totaling $6 million for its High Energy Systems...

The Michael J. Fox Foundation for Parkinson's Research (MJFF; New York) has awarded $1.6 million to fund eight research projects for the development or validation of a diagnostic test, also known as a biomarker, for Parkinson's disease (PD). (Grants/contract news).(Brief Article)
February 6, 2003... * The Michael J. Fox Foundation for Parkinson's Research (MJFF; New York) has awarded $1.6 million to fund eight research projects for the development or validation of a diagnostic test, also known as a biomarker, for Parkinson's disease (PD)....

Merge eFilm (Milwaukee, Wisconsin), a medical image and information management solutions provider, and TPS Medical (Glasgow, Scotland), a provider of digital imaging healthcare solutions, reported that 21 acute and primary care National Health Service (NHS) trust hospitals across Scotland have selected Merge eFilm and TPS Medical as their partner for digital image and information solutions. (Grants/contract news).(Brief Article)
February 6, 2003... * Merge eFilm (Milwaukee, Wisconsin), a medical image and information management solutions provider, and TPS Medical (Glasgow, Scotland), a provider of digital imaging healthcare solutions, reported that 21 acute and primary care National...

Copack develops simple anemia test.(Brief Article)
February 6, 2003... A substantial proportion of anemic women and children are found in the rural areas of the developing world where laboratories and clinics are few and far between. Copack (Oststeinbek, Germany) has developed a simple anemia test by starting...

Hemocue launches POC glucose analyzer.(Brief Article)
February 6, 2003... For healthcare professionals who want a higher accuracy of blood glucose measurement than offered with most hand-held glucose meters, Hemocue (Lund, Sweden) has launched its Glucose 201+ meter, which can store up to 600 individual measurements....

Parexel International (Waltham, Massachusetts), a worldwide biopharmaceutical outsourcing company, and Quest Diagnostics (Teterboro, New Jersey) ) a provider of diagnostic testing, information and services, entered a collaboration in which Parexel and Quest Diagnostics Clinical Trials will co-market their services. (Agreements).(Brief Article)
February 6, 2003... Parexel International (Waltham, Massachusetts), a worldwide biopharmaceutical outsourcing company, and Quest Diagnostics Creterboro, New Jersey) ) a provider of diagnostic testing, information and services, entered a collaboration in which...

OraSure Technologies. (People in Places).(Brief Article)
February 6, 2003... * Susan Schiller has been named vice president, sales, at OraSure Technologies (Bethlehem, Pennsylvania). She previously was sales director at Viropharma. OraSure is a developer of oral fluid diagnostics for use by insurance companies, public...

PDI. (People in Places).(Brief Article)
February 6, 2003... * Ronald Nardi, PhD, has joined PDI (Upper Saddle River, New Jersey) in the newly created position of chief scientific officer. He previously was chief scientific officer and executive vice president of Ferring Group Research and Development....

Thermogenic Imaging. (People in Places).(Brief Article)
February 6, 2003... * Mark Tepper, PhD, has been named chief scientific officer of Thermogenic Imaging (North Billerica, Massachusetts). Most recently, Tepper was president and CEO of Arradial. Thermogenic Imaging was formed to commercialize new technology for...

Abbott Laboratories (Abbott Park, Illinois) and OraSure Technologies (Bethlehem, Pennsylvania) reported the availability of the recently-approved rapid HIV-1 antibody test, OraQuick, to hospitals, physician offices and other health care facilities in the U.S. (Product Briefs).(Brief Article)
February 6, 2003... * Abbott Laboratories (Abbott Park, Illinois) and OraSure Technologies (Bethlehem, Pennsylvania) reported the availability of the recently-approved rapid HIV-1 antibody test, OraQuick, to hospitals, physician offices and other health care...

Fluidigm (South San Francisco) reported publication of a peer-reviewed article that it said validates the company's microfluidic technology as a breakthrough for protein crystallization studies. (Product Briefs).(Brief Article)
February 6, 2003... * Fluidigm (South San Francisco) reported publication of a peer-reviewed article that it said validates the company's microfluidic technology as a breakthrough for protein crystallization studies. The paper, featured on the cover of the Dec....

Molecular Devices (Sunnyvale, California), a supplier of high-performance bioanalytical measurement systems, reported the launch of the FLIPR Calcium 3 Assay Kit. (Product Briefs).(Brief Article)
February 6, 2003... * Molecular Devices (Sunnyvale, California), a supplier of high-performance bioanalytical measurement systems, reported the launch of the FLIPR Calcium 3 Assay Kit. This kit, using technology licensed exclusively to Molecular Devices by Rayer...

Nellcor (Pleasanton, California), part of Tyco Healthcare (Exeter New Hampshire), said a study presented at the Society of Critical Care Medicine meeting in San Antonio, Texas, demonstrates that the Nellcor Max-Fast Adhesive Forehead Sensor detects hypoxemia significantly sooner than ear and finger sensors during conditions of low perfusion. (Product Briefs).(Brief Article)
February 6, 2003... * Nellcor (Pleasanton, California), part of Tyco Healthcare (Exeter New Hampshire), said a study presented at the Society of Critical Care Medicine meeting in San Antonio, Texas, demonstrates that the Nellcor Max-Fast Adhesive Forehead Sensor...

Nymox Pharmaceutical (Maywood, New Jersey) said it has successfully developed a new kit for its AlzheimAlert test. (Product Briefs).(Brief Article)
February 6, 2003... * Nymox Pharmaceutical (Maywood, New Jersey) said it has successfully developed a new kit for its AlzheimAlert test. The new kit is designed for export to foreign markets and will be commercially available by the end of March. The kit will...

PerkinElmer (Wellesley, Massachusetts), a provider of drug discovery, life science research, and analytical solutions, and MDS Sciex (Hamburg, Germany), an international leader in analytical instrumentation and life sciences technologies, have developed the prOTOF 2000 MALDI O-TOF mass spectrometer for protein identification. (Product Briefs).(Brief Article)
February 6, 2003... * PerkinEImer (Wellesley, Massachusetts), a provider of drug discovery, life science research, and analytical solutions, and MDS Sciex (Hamburg, Germany), an international leader in analytical instrumentation and life sciences technologies,...

Zymark (Hopkinton, Massachusetts) unveiled the Sciclone iNL10, a robotic liquid handling system developed in collaboration with Johnson & Johnson (New Brunswick, New Jersey), at the LabAutomation 2003 conference. (Product Briefs).(Brief Article)
February 6, 2003... * Zymark (Hopkinton, Massachusetts) unveiled the Sciclone iNL10, a robotic liquid handling system developed in collaboration with Johnson & Johnson (New Brunswick, New Jersey), at the LabAutomation 2003 conference. The iNL10 is the first...

AdvaMed backs legislation for faster senior access to tests.
February 13, 2003... The Advanced Medical Technology Association (AdvaMed; Washington) is lending its support to the Medicare Patient Access to Preventative and Diagnostic Tests Act of 2003, legislation that AdvaMed says will give the 41 million elderly and...

Technology to take UK blood screening a large step forward. (Report from Europe).(Brief Article)
February 13, 2003... Dr. Juraj Petrik, consultant clinical microbiologist and head of microbiology R&D at the Scottish National Blood Transfusion Service (SNBTS, Edinburgh, Scotland), in a recent review of mandatory microbiology tests currently carried out on all...

Imprinting study holds telling message for gene researchers.
February 13, 2003... LONDON -- The latest evidence that the expression of a gene can depend on which parent it was inherited from has important implications for researchers engaged in studying genetic phenotypes. One of the scientists who carried out the work...

AmeriPath, Roche Diagnostics to establish molecular centers. (Agreements roundup).
February 13, 2003... A Diagnostics & Imaging Week Staff Report AmeriPath (Riviera Beach, Florida), a national provider of cancer diagnostiscs, genomics and related information services, has signed a five-year agreement with Roche Diagnostics (Indianapolis,...

AD PathLabs raises $8.9M; VirtualScopics in $3.8M round. (Financings roundup).
February 13, 2003... A Diagnostics & Imaging Week Staff Report AD PathLabs (Newport Beach, California) reported receiving nearly $8.9 million in Series C preferred stock financing, the first institutional investment in the 14-month old company. Investors...

Molecular Diagnostics. (Financings roundup).(Brief Article)
February 13, 2003... * Molecular Diagnostics (Chicago, Illinois) reported that an unnamed "major healthcare institution" and shareholder in the company has converted more than $1 million of debt into equity, thus increasing its position in the company. In addition,...

OraSure working with Penn on diagnostic technology program. (Grants/contracts news).(Brief Article)
February 13, 2003... A Diagnostics & Imaging Week Staff Report OraSure Technologies (Bethlehem, Pennsylvania), which focuses on oral fluid diagnostics, said it will participate in a $4.2 million four-year grant for research and development of saliva/oral...

eResearch Technology. (Grants/contracts news).(Brief Article)
February 13, 2003... * eResearch Technology (Philadelphia, Pennsylvania), a provider of centralized electrocardiographic (ECG) collection and interpretation services, reported signing an agreement for more than $1.3 million, from what it called "an emerging West...

CAS Medical Systems. (Grants/contracts news).(Brief Article)
February 13, 2003... * CAS Medical Systems (Branford, Connecticut) reported receiving a Phase I Small Business Innovative Research (SBIR) Program Grant from the National Institute of Neurological Disorders and Stroke of the NIH to continue development of a...

Tm Bioscience. (Financings roundup).(Brief Article)
February 13, 2003... * Tm Bioscience (Toronto, Ontario) reported that it received an undisclosed milestone payment from Luminex (Austin, Texas) related to the commercial launch of the Tm 100-based Universal Array by Luminex on Jan. 13. The launch initiated a...

German Helicobacter reference center. (Report from Europe).(Brief Article)
February 13, 2003... The Institute for Medical Microbiology and Hygiene at the University of Freiburg (Freiburg, Germany) became the National Helicobacter Reference Center in 2000 when it took over responsibility from the Robert Koch Institut in Berlin. A major...

Vitamin C source of erroneous urine test results. (Report from Europe).(Brief Article)
February 13, 2003... Taking vitamin tablets or eating a lot of fruit can result in vitamin C excretion in urine and resultant incorrect test results for blood in urine. Machery Nagel (Duren, Germany) has incorporated into its Uryxxon 300 urine strip reader and...

Chapter 11 filing for Worldwide Medical. (Briefly Noted).(Brief Article)
February 13, 2003... Worldwide Medical (WMED; Lake Forest, California), whose products include First Check at Home Drug Tests, said yesterday that it had filed a Chapter 11 petition with the U.S. Bankruptcy Court for the District of Delaware. The company cited "a...

Chest physicians issue new lung cancer guidelines. (Briefly Noted).(Brief Article)
February 13, 2003... The American College of Chest Physicians (ACCP; Northfield, Illinois) has released new comprehensive guidelines that recommend a coordinated team approach to the continuum of care for patients with lung cancer. Based on a structured literature...

Cepheid (Sunnyvale, California) has entered into an agreement to collaborate with the Advanced Diagnostic Systems division (ADS) of Ortho-Clinical Diagnostics (Raritan, New Jersey). (Agreements roundup).(Brief Article)
February 13, 2003... * Cepheid (Sunnyvale, California) has entered into an agreement to collaborate with the Advanced Diagnostic Systems division (ADS) of Ortho-Clinical Diagnostics (Raritan, New Jersey) in the development and sale of DNA-based tests to be run on...

Bayer Diagnostics (Tarrytown, New York), a member of the Bayer Group, and Matsushita Electric Industrial (Osaka, Japan). (Agreements roundup).(Brief Article)
February 13, 2003... * Bayer Diagnostics (Tarrytown, New York), a member of the Bayer Group, and Matsushita Electric Industrial (Osaka, Japan), which is best known by its Panasonic brand, reported expansion of their relationship with the signing of a joint venture...

Cambridge Antibody Tech (CAT; London) said that it and Dyax (Cambridge, Massachusetts) have agreed to expand access and freedom to operate under each other's phage display patents. (Agreements roundup).(Brief Article)
February 13, 2003... * Cambridge Antibody Tech (CAT; London) said that it and Dyax (Cambridge, Massachusetts) have agreed to expand access and freedom to operate under each other's phage display patents. The agreement expands upon those reached in 1997 under which...

Xenogen (Alameda, California) said it has entered into a commercial licensing and lease agreement with Organon (Oss, the Netherlands). (Agreements roundup).(Brief Article)
February 13, 2003... * Xenogen (Alameda, California) said it has entered into a commercial licensing and lease agreement with Organon (Oss, the Netherlands). Under the multi-year agreement, Organon will use Xenogen's biophotonic imaging technology and LPTA animal...

DiaSys. (People in Places).(Brief Article)
February 13, 2003... * DiaSys (Waterbury, Connecticut) reported that Todd DeMatteo has resigned as president, director of the company and director of DiaSys Europe. DeMatteo, a co-founder of the company, continues to be its second-largest individual shareholder....

Endocardial Solutions. (People in Places).(Brief Article)
February 13, 2003... * Patrick Wethington has been promoted from areas sales director of the northern and central sales territories for Endocardial Solutions (Minneapolis, Minnesota) to vice president, North American sales. Endocardial Solutions manufactures...

Impath. (People in Places).(Brief Article)
February 13, 2003... * Carter Eckert has been named chairman and chief executive officer of Impath (New York). He replaces Anu Saad, PhD, who resigned following a review of expenses submitted by Saad over the last three years. Following this review, which was led...

OraSure Technologies (Bethlehem, Pennsylvania) reported the promotion of several members of its senior management team. (People in Places).(Brief Article)
February 13, 2003... * OraSure Technologies (Bethlehem, Pennsylvania) reported the promotion of several members of its senior management team. Michael Formica has been promoted from head of the company's regulatory affairs and quality assurance departments to...

Radiologix. (People in Places).(Brief Article)
February 13, 2003... * Stephen Linehan has been named president and CEO of Radiologix (Dallas, Texas). Most recently, Linehan served as president and CEO of Rotech Healthcare. Radiologix also announced the resignation of Mark Martin, president, and chief operating...

HealthSouth says subpoena related to securities activities. (Court report).(Brief Article)
February 13, 2003... A Diagnostics & Imaging Week Staff Report HealthSouth (Birmingham, Alabama) reported receiving a subpoena from the U.S. Attorney's Office for the Northern District of Alabama seeking various documents in connection with an investigation....

Masimo. (Product Briefs).(Brief Article)
February 13, 2003... * Masimo (Irvine, California), a developer of signal extraction pulse oximetry, reported the launch of its second-generation Low Noise Optical Probe Neonatal Y (LNOP Neo) sensor with new bridge design that "improves ease of application, while...

Quest Diagnostics (Teterboro, New Jersey) has launched its eMaxx Internet portal to physicians nationwide. (Product Briefs).(Brief Article)
February 13, 2003... * Quest Diagnostics (Teterboro, New Jersey) has launched its eMaxx Internet portal to physicians nationwide. The eMaxx web portal, developed by Quest's MedPlus subsidiary, enables doctors to order diagnostic tests and review laboratory test...

Roche Molecular Systems. (Product Briefs).(Brief Article)
February 13, 2003... * Roche Molecular Systems (Pleasanton, California) said that its supplement to the Amplicor HIV-1 Test, version 1.5 has been accepted for review by the FDA. The Cobas AmpliPrep/Cobas Amplicor HIV-1 Monitor Test, version 1.5, uses polymerase...

SonoSite. (Product Briefs).(Brief Article)
February 13, 2003... * SonoSite (Bothell, Washington) reported that the 10,000th SonoSite system has been delivered and is a milestone achieved just 39 months after the company shipped its first 5.4 pound, all-digital, hand-carried ultrasound--the SonoSite 180...

Targeted Diagnostics & Therapeutics. (Product Briefs).(Brief Article)
February 13, 2003... * Targeted Diagnostics & Therapeutics (TDT; West Chester, Pennsylvania) has received regulatory approval to immediately begin offering its new blood test, called GCC-B1, for the detection of recurrent colorectal cancer. GCC-B1's detection...

Vital Images. (Product Briefs).(Brief Article)
February 13, 2003... * Vital Images (Minneapolis, Minnesota) an advanced medical imaging software company, has released Vitrea 2, Version 3.2, the latest version of its 3D medical visualization and analysis software for non-invasive diagnostic evaluation of...

New CDRH diagnostics office offers `total life cycle' support.(Center for Devices and Radiological Health)
February 20, 2003... WASHINGTON -- The most challenging aspect of a new office within the FDA is pronouncing It, joked Don St. Pierre, deputy director of the newest regulatory office of the agency. Despite its bulky and unwieldy name, the Office of In Vitro...

Diagnosis in 24 to 48 hours is possible with new TB test. (Report from Europe).(various articles on tuberculosis diagnosis, drug tests, and finance)
February 20, 2003... A newly developed laboratory test for tuberculosis (TB) makes possible diagnosis in 24 to 48 hours, compared to the six to eight weeks needed for the standard test using sputum culture. Professor Stephen Denyer of the School of Pharmacy and...

Ischemia Technologies gets nod to market IMA test in U.S.(Ischemia Technologies Inc.)(ischemia modified Albumin)
February 20, 2003... Ischemia Technologies (Denver, Colorado) is hoping that with FDA approval to market its ischemia Modified Albumin (IMA) test In the U.S. ,emergency room physicians will have a fourth diagnostic tool to determine if someone who presents with...

Canon sees Eye Q System as aiding in diabetes diagnosis.(Canon Medical Systems)
February 20, 2003... Canon Medical Systems (Irvine, California) thinks its new Eye Q Digital Retinal Imaging System could be used to help the approximately 6 million people in the U.S. with undiagnosed diabetes who could ultimately face blindness if diabetic...

Given Imaging's sales soar; Cambridge heart revenues up. (Earnings roundup).(Given Imaging Ltd.)(Cambridge Heart Inc.)
February 20, 2003... A Diagnostics & Imaging Week Staff Report Given Imaging (Yokneam, Israel) said worldwide sales of its Given Diagnostic imaging System and M2A video capsule grew to $28.9 million for the year ended Dec. 31 from $4.73 million in 2001. The net...

Bio-Rad Laboratories. (Earnings roundup).(finance of Bio-Rad Laboratories Inc.)(Brief Article)
February 20, 2003... * Bio-Rad Laboratories (Hercules, California) said revenues increased in both the fourth quarter and year ended Dec. 31, with full-year revenues gaining by just over 9% to $892.7 million from $817.5 million in 2001 and 4Q02 sales reaching $243...

CompuMed. (Earnings roundup).(finance of CompuMed Inc.)(Brief Article)
February 20, 2003... * CompuMed (Los Angeles, California), a provider of computer-based telemedicine and diagnostics technology, said revenues in the first quarter ended Dec. 31 were $452,000, unchanged from the same figure in 1Q02. The net loss increased to...

Abbott to resume 14.4 million share repurchase program. (Financings roundup).(Abbott Laboratories)(Brief Article)
February 20, 2003... A Diagnostics & Imaging Week Staff Report Abbott Laboratories (Abbott Park, Illinois) said it has resumed its share repurchase program, effective immediately. In June 2000, the board of directors authorized the repurchase of 25 million...

Diagnostics Products Corp. (Earnings roundup).(fourth quarter finances)(Brief Article)
February 20, 2003... * Diagnostics Products Corp. (Los Angeles, California) reported record fourth-quarter sales of $85.5 million, up 14% over $74.9 million in the prior-year period, while net income Increased 11% to $12.5 million or 42 cents a diluted share from...

Fonar. (Earnings roundup).(finance of Fonar Corp.)(Brief Article)
February 20, 2003... * Fonar (Melville, New York) said that, revenues increased 57% in the first six months of Fiscal 2003 ended Dec. 31, totaling $30 million vs. $19.9 million for the first half of the prior fiscal year. The net loss was $5.6 million or 8 cents a...

Gen-Probe. (Earnings roundup).(finance of Gen-Probe Inc.)(Brief Article)
February 20, 2003... Gen-Probe (San Diego, California) said fourth-quarter and full-year financial results for the periods ended Dec. 31 showed record revenues and net income, with sales for the year climbing 20% to $155.6 million from $129.7 million in 2001. Net...

Hypertension Diagnostics. (Earnings roundup).(finance of Hypertension Diagnostics Inc.)(Brief Article)
February 20, 2003... Hypertension Diagnostics (St. Paul, Minnesota) said revenues in the second quarter ended Dec. 31 slipped to $227,754 from $232,493 in the year-earlier period, while the net loss improved to $901,329 or 12 cents a share from the loss of $1.2...

Lifestream Technologies. (Earnings roundup).(finance of Lifestream Technologies Inc.)(Brief Article)
February 20, 2003... * Lifestream Technologies (Post Falls, idaho), a maker of consumer cholesterol monitors, said sales increased by just under 56% in the second fiscal quarter ended Dec. 31, totaling $1.93 million vs. $1.24 million in 2Q02, while the net loss...

Mobile PET Systems. (Earnings roundup).(finance of Mobile PET Systems Inc.)(Brief Article)
February 20, 2003... * Mobile PET Systems (San Diego, California), a provider of positron emission tomography imaging services to healthcare facilities, said revenues in the second quarter ended Dec. 31 increased to $5.06 million, a 31% gain from $3.87 million in...

Quidel. (Earnings roundup).(Brief Article)
February 20, 2003... * Point-of-care diagnostic test manufacturer Quidel (San Diego, California) said revenues in the fourth quarter ended Dec. 31 increased 5.6% to $22.8 million from $21.6 million in the comparable period. Net income was $1 million or 3 cents a...

Quinton Cardiology Systems. (Earnings roundup).(Brief Article)
February 20, 2003... * Quinton Cardiology Systems (Bothell, Washington) said it attained profitability in the fourth quarter ended Dec. 31, with net income of $595,000 or 5 cents a diluted share compared to the loss of $4.18 million or $6.49 a share in the...

SonoSite. (Earnings roundup).(fourth quarter finances of Sonosite Inc.)(Brief Article)
February 20, 2003... * SonoSite (Bothell, Washington), which describes itself as "the creator of the hand-carried ultrasound market," said it had it reached profitability in the fourth quarter ended Dec. 31, with net income of $869,000 or 6 cents a share vs. a loss...

BioStratum (Research Triangle Park, North Carolina) and DakoCytomation A/S (Glostrup, Denmark) signed an agreement granting DakoCytomation a license to develop and commercialize diagnostic applications of the monoclonal antibody MetaStain, which has demonstrated the potential to identify invasive epithelial cancers, the company said. (Agreements).(BioStratum Inc.)(Brief Article)
February 20, 2003... * BioStratum (Research Triangle Park, North Carolina) and DakoCytomation A/S (Glostrup, Denmark) signed an agreement granting DakoCytomation a license to develop and commercialize diagnostic applications of the monoclonal antibody MetaStain,...