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Home > Company Index > Drugs > Biotechnology-Research > Variagenics, Inc.

Variagenics, Inc.
Nasdaq: VGNX
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 PROFILE
Variagenics uses pharmacogenomics, which studies links between genetic variability (measured in single nucleotide polymorphisms, or SNPs) and response to drugs, to develop new drugs and diagnostic products. Products include the Variagenic Impact Program, which analyzes SNP data to identify drug targets, and the NuCleave DNA analysis platform, which performs assays on DNA samples to examine patients' responses to drugs. Initially focused on cancer, the company is now also targeting cardiovascular, neurological, and inflammatory diseases. Variagenics has clinical research collaborative agreements with Covance and Quintiles Transnational. The Sprout Group owns about 20% of the company.

 COMPETITION
CuraGen Corporation (CRGN)
Human Genome Sciences, Inc. (HGSI)
Millennium Pharmaceuticals, Inc. (MLNM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2.30
1-Yr. Sales Growth: 475.0%
Employees: 89
Revenue per employee: $25,842.70

 KEY PEOPLE
• Taylor J. Crouch
    CEO
• Richard P. Shea
    CFO

 CONTACT INFO
60 Hampshire St.
Cambridge, MA 02139
US
Phone: 617-588-5300
Fax: 617-588-5399
Online: Web Site

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