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Home > Company Index > Drugs > Biotechnology-Research > Molecular Devices Corporation

Molecular Devices Corporation
Nasdaq: MDCC
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 NEWS FROM THE WIRES
RESEARCH ALERT-ABN Amro starts Molecular Devices
Aug 14 2001 08:57 AM PDT

Molecular Devices Q2 profits meet estimates
Jul 19 2001 01:55 PM PDT

More WIRE STORIES about this company

 PROFILE
Just as the guillotine hacked off heads during the French Revolution, in the genomics revolution Molecular Devices and its bioanalysis systems are hacking time and costs off developing new drugs. The firm's products, which automate certain drug discovery tasks, include MAXline microplate readers, used to measure the concentration of a substance in a test sample, and the Threshold System, which measures contaminants in pharmaceuticals. MAXline and Threshold sales account for about half of the firm's revenues. Its FLIPR system measures cellular responses to drug candidates. Molecular Devices customers include pharmaceutical and biotech firms, as well as academic, government, and other R&D labs around the world.

 COMPETITION
APBiotech Inc (dossier)
Applied Biosystems Group (ABI)
Packard BioScience Company (PBSC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 96.00
1-Yr. Sales Growth: 54.8%
Employees: 332
Revenue per employee: $289,156.63

 KEY PEOPLE
• Joseph D. Keegan
    CEO
• Timothy A. Harkness
    CFO

 CONTACT INFO
1311 Orleans Dr.
Sunnyvale , CA 94089
US
Phone: 408-747-1700
Fax: 408-747-3601
Online: Web Site

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