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Home > Company Index > Drugs > Biotechnology-Research > Genometrix Incorporated

Genometrix Incorporated
 NEWS FROM THE STANDARD
IPO Weekly: A Loudcloud on the Horizon
Mar 02 2001 02:25 PM PST

 PROFILE
Chips ahoy! Genometrix wants to put biotechnology and drug-discovery firms on the genomics fast track with its GenoVista services. The development-stage firm's DNA chip microarrays allow for high-throughput analysis of genetic variation, gene expression profiling, and other data analysis (including plans for protein analysis) and storage services. Genometrix is also building a DNA repository to license to its customers for genotyping analysis. Its customers include Schering-Plough, Procter & Gamble, and the National Cancer Institute. The firm has partnered with Motorola to develop DNA clinical systems. Founder, chairman, and CEO Mitchell Eggers owns nearly 30% of the company; Motorola owns another 16%.

 COMPETITION
Applied Biosystems Group (ABI)
Incyte Genomics, Inc. (INCY)
Molecular Dynamics, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
1999 Sales (mil.): 1.70
1-Yr. Sales Growth: 6.9%
Employees: 97
Revenue per employee: $17,525.77

 KEY PEOPLE
• Mitchell D. Eggers
    CEO
• David E. Jorden
    CFO

 CONTACT INFO
2700 Research Forest Dr.
The Woodlands, TX 77381
US
Phone: 281-465-5000
Fax: 281-465-5001
Online: Web Site

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