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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2008
Date:2/17/2009

te 34% Diluted shares outstanding 52-54 million EPS $1.80 to $2.05

This guidance incorporates foreign exchange rate fluctuations approximately 10% higher and lower than recent levels. The Company recorded approximately $90 million of non-U.S.-dollar-denominated revenue in 2008.

Recent Events

  • Tepnel Acquisition. On January 30, 2009, Gen-Probe announced an offer to acquire all the outstanding and to-be-issued shares of Tepnel Life Sciences, PLC (AIM: TED), a rapidly growing molecular diagnostics and research services company based in the United Kingdom, for 27.1 pence per share in cash, or approximately 92.8 million pounds in total.
  • New Novartis Agreement. On January 27, 2009, Gen-Probe announced an agreement to extend and expand its blood screening collaboration with Chiron, a Novartis (NYSE: NVS) business, ensuring the companies will work together to develop and commercialize molecular technologies that safeguard the world's donated blood supply until the year 2025.
  • New R&D Leader. On February 3, 2009, Gen-Probe announced that Eric Lai, Ph.D., had joined the Company as senior vice president, research and development. Dr. Lai was most recently vice president, pharmacogenetics experimental project coordination and analysis, at GlaxoSmithKline.
  • New Strategy Executive. On January 13, 2009, Gen-Probe announced that Eric Tardif had joined the Company as senior vice president, corporate strategy. Mr. Tardif was formerly a managing director in Morgan Stanley's healthcare investment banking group.
  • APTIMA HPV Data. On November 21, 2008, Gen-Probe announced that promising data on the Company's CE
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SOURCE Gen-Probe Incorporated
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Related medicine news :

1. Gen-Probe to Acquire Tepnel Life Sciences, Fast-Growing European Molecular Diagnostics Company, for 92.8 Million Pounds Sterling ($132.2 Million) in Cash
2. Gen-Probe and Novartis Agree to Extend and Expand Blood Screening Collaboration
3. Eric Tardif Joins Gen-Probe as Senior Vice President, Corporate Strategy
4. Gen-Probe to Webcast Presentation at the 27th Annual J.P. Morgan Healthcare Conference
5. Gen-Probe to Webcast Presentation at the 20th Annual Piper Jaffray Health Care Conference
6. Gen-Probe Reports Strong Financial Results for Third Quarter 2008, Raises Full-Year EPS Guidance
7. Gen-Probe Announces Webcasts of Three Upcoming Investor Events
8. Gen-Probe to Webcast Two Upcoming Investor Presentations
9. Gen-Probe Announces Webcast of First Quarter 2008 Earnings Conference Call
10. Gen-Probe to Webcast Presentation at Leerink Swann Molecular Diagnostics Conference
11. Gen-Probe to Webcast Presentation at Deutsche Bank Small- and Mid-Cap Growth Conference
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