November 15, 2010 “Intelligence: Late Breaking Lab News”

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During this last election, a pathologist ran for the U.S. Senate, but his campaign did not draw much attention within the lab testing community. Pathologist Eric Wargotz, M.D., was the Republican nominee for the U.S. Senate in Maryland. His opponent was Democratic Senator Barbara Mikulski, running for her fifth term. On election day, Mikulski outpolled Wargotz by 62% to 36%.

MORE ON: Wargotz

Between 1989 and 2007, Wargotz served as Medical Director and Chief of Pathology at 192-bed Doctors Community Hospital in Lanham, Maryland. He is affliated with E & W Pathology, LLC. Had Wargotz been elected, he would have been the only pathologist to serve in the upcoming 112th Congress. In the current 111th Congress, only 16 senators and representatives are physicians. By comparison, there are 225 senators and representatives who have earned law degrees.

EXONHIT & REDPATH CANCEL PENDING ACQUISITION

It is not often that an acquisition of a laboratory testing company unwinds. However, that is the case for the purchase of RedPath Integrated Pathology, Inc., by ExonHit Therapeutics S.A. of Paris, France. The surprise development came after a positive coverage decision by Medicare carrier Highmark Medicare Services, Inc., to cover RedPath’s PathFinder TG assay for use in diagnosing pancreatic cancer, cysts, and masses. ExonHit was disappointed that the Highmark decision did not extend coverage to other assays that would be based on the Pathfinder TG technology.

ADD TO: RedPath

In response to these events, ExonHit wanted to renegotiate a lower price for RedPath. RedPath declined the offer of a lower purchase price. The two companies then agreed to void the existing purchase agreement.

TRANSITIONS

  • Aperio Technologies, Inc., of Vista, California, announced that Steven V. Russell had joined the company as Vice President of Corporate Development. Russell was most recently at QuadraMed and has also worked at Compucare Company and Cerner Corporation.

Dark Daily Update

dark_daily_logoHave you caught the latest e-briefings from DARK Daily? If so, then you’d know about…

…a pending deal between University of Pittsburgh Medical Center (UPMC) and a large pathology laboratory in Shanghai, China that involves use of digital pathology systems for pathology consults.

You can get the free DARK Daily e-briefings by signing up at www.darkdaily.com.

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