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Home > Company Index > Drugs > Biotechnology-Research > Third Wave Technologies, Inc.

Third Wave Technologies, Inc.
Nasdaq: TWTI
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 NEWS FROM THE STANDARD
IPO Weekly: Investors Cozy Up to KPMG Consulting
Feb 09 2001 04:18 PM PST

 PROFILE
Third Wave Technologies develops assays that detect genetic variations in DNA, RNA, and viruses. Its Invader line of products includes tests for genetic mutations associated with immune response, drug metabolism, and predisposition to blood clots. Doctors use the company's tests in patient diagnosis and treatment and therapeutic monitoring; drug companies use them to discover and develop pharmaceuticals. Third Wave has collaborative agreements through which it develops assays for such firms as Novartis, Applied Biosystems, and a unit of GlaxoSmithKline. It has also licensed its technology to Stanford University. Investors in the company include The Wellcome Trust.

 COMPETITION
Nanogen, Inc. (NGEN)
Orchid BioSciences, Inc. (ORCH)
Sequenom, Inc. (SQNM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 11.40
1-Yr. Sales Growth: 343.6%
Employees: 247
Revenue per employee: $46,153.85

 KEY PEOPLE
• Lance Fors
    CEO

 CONTACT INFO
502 S. Rosa Rd.
Madison, WI 53719
US
Phone: 608-273-8933
Fax: 608-273-8618
Online: Web Site

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