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May 2000

Luminex Raises $83 Mil In Public Stock Offering

CEO SUMMARY: During the past year, Luminex Corporation moved swiftly to push its LabMAP™ multiplex testing technology into the bioassay marketplace. It found high interest among companies in the pharmaceutical, diagnostics, and bioresearch industries. Luminex executives say that a number of companies are working to have FDA-approved diagnostic test kits available for laboratories by year’s

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Quantum Dot Corporation, Healtheon/WebMD, Illumea

QUANTUM DOT CORP. TO COLLABORATE WITH GENENTECH PROGRESS IS SWIFT AT Quantum Dot Corporation, based in Palo Alto, California. Quantum Dot announced an agreement to collaborate with Genentech, Inc., headquartered in San Francisco, California. The goal is to evalute Qdot™ nanocrystals in a number of Genentech’s biological research assays. Quantum Dot also raised another $30

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LabCorp Buys Two More California Laboratories

CEO SUMMARY: Laboratory Corporation of America is serving notice that it intends to increase its competitive presence in California, the largest market for diagnostic testing in the United States. It recently signed agreements to purchase two respected independent laboratory companies, one in Los Angeles, the other in San Diego. Owners of both acquired companies had

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“May 8, 2000 Intelligence: Late Breaking Lab News”

There’s another healthcare Ecommerce company starting up. This one’s directed at the clinical laboratory industry. To be called “LabPortal.com,” it’s connected to Golder, Thoma, Cressey, Rauner Inc., Park City Solutions, and American Medical Laboratories. LabPortal.com will be managed by Mark Johnston, who left an executive post at LabCorp to join the new firm. Digene Corporation’s

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