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Home > Company Index > Drugs > Biotechnology-Research > Gene Logic Inc.

Gene Logic Inc.
Nasdaq: GLGC
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 NEWS FROM THE WIRES
HEADLINE STOCKS - U.S. stocks to watch on July 30
Jul 30 2001 04:22 AM PDT

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 NEWS FROM THE STANDARD
Gene Schemes
Jul 16 2001 12:00 AM PDT

 PROFILE
Gene Logic doesn't make drugs; it helps drugmakers make drugs. Its Restriction Enzyme Analysis of Differentially Expressed Sequences (READS) system, along with GeneChip arrays licensed from Affymetrix, compile gene expression data from a variety of tissue samples, which Gene Logic then uses to generate GeneExpress databases (including its BioExpress, ToxExpress, and PharmExpress modules). The firm also makes databases for such clients as Japan Tobacco and Procter & Gamble's pharmaceuticals unit (its top clients). The databases are used to discover drug targets and develop new therapeutic compounds. Gene Logic owns about half of MetriGenix, a spinoff developing its Flow-Thru Chip 3-D biomolecular analysis technology.

 COMPETITION
Celera Genomics Group (CRA)
CuraGen Corporation (CRGN)
Incyte Genomics, Inc. (INCY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 26.90
1-Yr. Sales Growth: 40.1%
Employees: 226
Revenue per employee: $119,026.55

 KEY PEOPLE
• Mark D. Gessler
    CEO
• Phillip L. Rohrer
    CFO

 CONTACT INFO
708 Quince Orchard Rd.
Gaithersburg, MD 20878
US
Phone: 301-987-1700
Fax: 301-987-1701
Online: Web Site

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