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The world of in-vitro diagnostics is another Midwest success story

I am in a real quandary this week: I have a number of juicy topics I wanted to review with you, including my recent participation in the annual Israel biotech/medical device conference (BIOMED 2006), recent participation in meetings about India and my growing insights into the Indian biotech market, happenings in Japan, and other research that has crossed my transom ......

Full article >>> ue mark last year. In fact, according to a market research firm by the name of Health Research International, sales for 2005 topped $220 billion and included four market segments:

Cardiovascular disease therapies.

Diagnostic imaging equipment, services, and contrast agents.

Orthopedic and spinal products.

In-vitro Diagnostics (IVD).

He......

Full article >>> >$470100%12. Diagnostic Products Corp.(California)$399$399100%13. Olympus America(Japan - U.S. HQ in Pennsylvania)$ 384$8,3005%14. Cytyc (U.S. - Massachusetts)$362$50871%15. Gen-Probe(U.S. - California)$306$306<......

Full article >>> o get to the market place given the lower regulatory hurdles (and time) to achieve an FDA approval. A 510k approval means relatively little if any clinical trials, however with reimbursement a key issue for medical devices and diagnostics, a company is often faced with the question: do we "go" the more extensive PMA (pre-market approval) pathway with the FDA, or "go" with a quicker 501k developmen......

Full article >>> agnostic developed by Genentech for its breast drug Herceptin (www.herceptin.com). Genentech's diagnostic test is first administered to a breast cancer patient to see what type of breast cancer they may and to see if this type of cancer will be affected by the very specialized drug which interacts with the Her2neu gene found (or not) in these patients. I think Burrill is not only on the right trac......

Full article >>> bridge, Baltimore, Chicago, Cleveland, and Denver. Rosen is also a founder and board member of the Illinois Biotechnology Industry Organization. He can be reached at rosenmichaels@aol.com

The opinions expressed herein or statements made in the above column are solely those of the author and do not necessarily r......

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Source:wistechnology.com By Michael Rosen 07/19/06


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