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Home > Company Index > Drugs > Biotechnology-Research > deCODE genetics, Inc.

deCODE genetics, Inc.
Nasdaq: DCGN
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 NEWS FROM THE WIRES
UK shares retreat as Wall St falls, Invensys hit
Jul 24 2001 01:46 AM PDT

DeCODE and Affymetrix collaborate on DNA tests
Jul 24 2001 12:30 AM PDT

DeCODE and Applied Biosystems link on gene tools
Jul 19 2001 01:16 AM PDT

More WIRE STORIES about this company

 PROFILE
deCODE genetics gets into Icelanders' genes. The company is creating databases of Icelanders' donated gene samples, their medical records, and their genealogy records, some of which date back to the ninth century. deCODE is developing a system to cross-reference this data and market it and other bioinformatics software products to drug developers. The firm has partnered with Hoffmann-La Roche to seek the genetic sources of various diseases to identify and license drug targets. Although the company was initially criticized for not seeking the consent of its studies' subjects, it now collects consent and encrypts its information to protect privacy. Only 7% of Iceland's population has opted out of the study.

 COMPETITION
Celera Genomics Group (CRA)
CuraGen Corporation (CRGN)
Myriad Genetics, Inc. (MYGN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21.50
1-Yr. Sales Growth: 29.5%
Employees: 445
Revenue per employee: $48,314.61

 KEY PEOPLE
• Kari Stefansson
    CEO
• Hannes Smarason
    CFO

 CONTACT INFO
Lynghals 1
110 Reykjavik, Iceland
Phone: 354-570-1900
Fax: 354-570-1901
Online: Web Site

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