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| Press Releases |
| LabVantage in the News 2000 |
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| LabVantage Announces Expanded High Throughput Strategy Initiatives |
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Philadelphia, PA, June 19, 2000. LabVantage Sapphire™ Solutions address unique requirements of Genomics,
Proteomics
and High Throughput Screening Markets.
LabVantage Solutions, Inc., a leading provider of laboratory information solutions, today announced at the Cambridge Healthtech Institute's High Throughput Technologies conference, a major corporate initiative to become the leading provider of technology solutions for the rapidly growing high throughput screening, genomics and proteomics marketplace.
A recent cover story in the June 12, 2000 issue of BusinessWeek entitled "The Pharma Frenzy" details sweeping changes in the pharmaceutical industry and states that mega mergers are being driven by the revolution in genomics and high throughput drug discovery. BusinessWeek expects that this new era will likely alter every facet of the pharmaceutical business. Research focused on root causes will lead to more effective drugs and transform one-size-fits-all therapies into treatments with products that are tailored for an individual's makeup.
At the heart of this transformation is an unprecedented opportunity to find new ways to attack disease. According to Dr. Jurgen Drews, a consultant at research outfit OrbiMed Advisors LLC, drugs today work against just 500 different disease-related proteins or "targets" in the body. Genomics and high throughput informatics may yield a quantum leap, revealing close to 10,000 new targets. This transformation has also created an unprecedented opportunity for software solution providers who can provide the necessary tools for companies to compete rapidly in this new high-volume discovery landscape.
"Companies today are racing to employ high throughput informatics tools and expertise to help them accelerate the discovery process," said Jim Aurelio, president, LabVantage Solutions. "Working together with leading companies around the world, LabVantage has built a full featured high throughput informatics solution designed to assist scientists in their race to discover more effective drugs."
Customers Embrace LabVantage Sapphire™ High. Throughput Solution
Extensive customer interaction and feedback has enhanced the LabVantage solution that supports the strategic research initiatives of the discovery community. "We have been impressed with the flexibility and rich functionality provided by the LabVantage High Throughput Solution. The solution's scalability and high performance allow us to process a larger volume of samples monthly. The flexibility of the workflow capability inherent in the software was the main reason we selected LabVantage versus other more rigid products," said Allan Witt, Laboratory Information Architect, Monsanto Genomic Sequencing.
Other LabVantage customers who have selected the LabVantage Sapphire™ High Throughput Solution include:
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Incyte Genomics (NASDAQ: INCY) - the leading provider of an integrated platform of genomic technologies designed to aid in the understanding of the molecular basis of disease. |
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The Genetics Institute (NYSE: AHP) - a leading biopharmaceutical company engaged in the discovery, development and commercialization of human pharmaceuticals through recombinant DNA and other technologies. |
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American Cyanamid (NYSE: AHP) - a global developer and marketer of herbicides, insecticides and fungicides for agricultural and specialty markets. |
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Biognosis- an emerging biotech company focused on the genomics of behavioral and other neuropsychiatric disorders. |
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AxCell BioSciences (NASDAQ: CYTO) - a biopharmaceutical content provider with proprietary technology, which it is using to identify intracellular protein-protein interactions. |
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Maxygen (NASDAQ: MAXY) - a biotechnology company focused on creating novel products using its proprietary MolecularBreedingT directed molecular evolution technologies for a broad range of industries. |
Rich Technology Platform and Extensive Functionality Framework. The high throughput informatics (HTI) market's requirements are very different from laboratories in markets where traditional LIMS is the data management solution. HTI customers are "discovery oriented" versus "data collection oriented". To address specific needs of the discovery process, the LabVantage Sapphire™ High Throughput Solution includes:
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Complete audit trail |
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Daughter plate production |
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Reformatting, re-racking & cherry picking for 96/384/1536 plate types |
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Seamless integration with leading robotic solutions |
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Graphical drag and drop workflow engine |
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Automated workflow process capability |
About LabVantage Solutions. LabVantage Solutions, a Chatterjee Group company, was established to provide innovative laboratory information solutions that meet the changing business and regulatory demands of the global laboratory and scientific research community. The company develops, markets and supports a complete suite of software solutions for high throughput screening, genomics, proteomics and LIMS. In addition, LabVantage provides industry-specific global solutions for select markets including pharmaceutical, process, environmental, forensic, food & beverage, oil & gas, physical testing and chemical research & development. The company also offers the services that ensure customer success such as industry and technology consulting, implementation services, application training and extensive customer support services. LabVantage has provided laboratory information solutions to nearly 1,000 companies since 1981. |
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