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GLG News by Medical Device Experts

Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 25, 2008
Colorectal Cancer
Analysis of: GeneNews Publication Confirms Blood-Based Colorectal Cancer Biomarker Results (www.genenews.com)
A new, blood-based molecular diagnostic screening test for colorectal cancer could revolutionize screening for this disease.  Third party payors would rapidly embrace and reimburse for a cost-effective way to reduce conventional screening procedures and the mortality associated with this disease....
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
Analysis of: Roche to Acquire Ventana for $89.50 per share (phx.corporate-ir.net)
Roche's (SWX: ROG.VX; RO.S; OTCQX: RHHBY) acquisition of Ventana Medical Systems Inc. (Nasdaq: VMSI) is yet another example of the rapid consolidation in the clinical diagnostics market segment.  Roche Diagnostics is the worldwide leader in the clinical diagnostics space.  The Ventana acquisition...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 21, 2008
Genetic Testing
Analysis of: Genetic Testing Oversight (www.aacc.org)
The rapid growth of genetic testing has prompted calls from various agencies and organizations for improved regulations of these tests by the Centers for Medicare and Medicaid Services (CMS).  Increased regulation could impact the growth and profitability of these tests.  However,...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 14, 2008
Sepsis
Analysis of: The quest for Faster Sepsis Diagnosis (www.aacc.org)
Sepsis is the leading cause of mortality in the United States, responsible for over 215,000 deaths per year.   While sepsis sometimes arises from an infection in an otherwise healthy person, all hospital patients are at risk. But identifying patients with sepsis is difficult because its...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
Analysis of: MRSA (biz.yahoo.com)
MRSA continues to be top major problem plaguing global healthcare systems.  Several companies are working to provide innovative, cost-effective solutions to combat this drug resistant disease that costs the US healthcare system over $30 billion each year.  As more companies enter...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 14, 2008
MRSA
Analysis of: Cepheid Begins Shipment of Next Generation GeneXpert Molecular Diagnostics Systems (biz.yahoo.com)
The market for MRSA screening continues to develop as companies launch new, improved techologies to meet laboratory needs.  The CDC estimates that 94,000 patients are infected with MRAS each year, resulting in approximately 19,000 deaths.  Recent media focus on MRSA infections, both in acute...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 14, 2008
Lung Cancer
Analysis of: Rosetta Genomics Selects PCR as Platform for its microRNA-based Diagnostics to be Launced in 2008, Licensed Nanogen's MGB Probe Technology (biz.yahoo.com)
New developments in lung cancer may help diagnose a disease which is responsible for over 156,000 deaths per year in the United States.  Rosetta Genomics (ROSG) selected real time PCR from Roche Diagnostics (ROG.VX) and Nanogen's (NGEN) MGB probe technology for 3 new tests expected to be launched...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
January 14, 2008
Breast Cancer
Analysis of: Breast-Cancer Genes May Pose Lower Risk (online.wsj.com)
A new study published in the Journal of the American Medical Association estimated a lower risk of developing breast cancer by the age of 70 in women carrying mutations in one of two genes (BRAC1 and BRAC2).  This comes at the same time as Myriad Genetics (MYGN) is marketing their BRAC1/BRAC2...
Ken Powell, President
Ken Powell, President
Genesis Business Development, LLC
Analysis of: Mamaprint (R) Breast Cancer Test Shown to be Powerful Tool for Prognosis Prediction in Postmenopausal Breast Cancer Patients - Agendia to File for Expanded FDA Clearance for Mamaprint (R) (www.medcompare.com)
Agendia announced the completion of a clinical study demonstrating the value of its Mamaprint(R) breast cancer prognosis test in postmenopausal women.  Agendia believes that this data will enable it to file for expanded claims with the FDA for Mamaprint(R).  Expanded claims for Agendia's DNA...
Thomas Saunders, Of Counsel
Thomas Saunders, Of Counsel
Seyfarth Shaw LLP
Analysis of: Current and Potential Commercial Applicationsof the Suppression of Ethylene Action by 1-MCP in Plants (www.rohmhaas.com)
    Product shelf-life is a major economic concern for the agricultural industry.   The biological mechanism for regulating the ripening of fruits is mediated by ethylene.     Ethylene  management is addressed in three ways: 1) Ethylene...

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