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Home > Company Index > Drugs > Biotechnology-Research > Visible Genetics Inc.

Visible Genetics Inc.
Nasdaq: VGIN
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 PROFILE
Visible Genetics wants to make drug development a lot more efficient. The company develops technology to improve pharmacogenomics, using genetic information to determine the efficacy of drug candidates. Its OpenGene DNA sequencers identify and analyze infectious organisms, detecting genetic mutations linked to diseases; this information can help drug developers better tailor their candidates to fight disease targets. The company's lead product candidate, the TRUGENE "HIV-1" Genotyping Kit, allows physicians to customize drug prescriptions to mutations in the HIV virus which can make it rapidly drug-resistant; the kit has been approved in Argentina and France and is waiting approval in the US.

 COMPETITION
Digene Corporation (DIGE)
Molecular Dynamics, Inc. (dossier)
ViroLogic, Inc. (VLGC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13.10
1-Yr. Sales Growth: (3.7)%
Employees: 344
Revenue per employee: $38,081.40

 KEY PEOPLE
• Richard T. Daly
    CEO
• Thomas J. Clarke
    CFO

 CONTACT INFO
700 Bay St., Ste. 1000
Toronto Ontario M5G 1Z6, Canada
Phone: 1-416-813-3240
Fax: 1-416-813-3250
Online: Web Site

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