Ventana Medical Systems, Inc. was a medical device company that develops, manufactures, and markets instrument reagent systems that automate tissue and slide staining in anatomic pathology laboratories. These products assist in the diagnosis and treatment of cancer and infectious diseases.[1]
| Company type | Subsidiary |
|---|---|
| Nasdaq: VMSI | |
| Industry | Medical |
| Founded | 1985 |
| Founder | Thomas Grogan, M.D. |
| Headquarters | , U.S. |
Area served | Worldwide |
| Products | Medical equipment Assay development |
| Services | Clinical laboratory |
Number of employees | 1,500 |
| Parent | F. Hoffmann-La Roche Ltd. |
| Divisions | Roche Diagnostics |
| Website | ventana |
The company is now part of the Roche Diagnostics Division and has been renamed Roche Tissue Diagnostics. [2]
History
editPathologist and University of Arizona professor Thomas Grogan, M.D., founded Ventana in 1985. The company launched its first instrument reagent system in 1991, and held an initial public offering (IPO) in 1996, trading under the symbol VMSI on the NASDAQ stock exchange.[3]
In 2007, Ventana acquired Spring BioScience Corp, a developer and supplier of monoclonal antibodies.[4] That same year, Ventana rejected a hostile takeover bid from Roche Holding AG for $75 a share.[5] In February 2008, Roche acquired Ventana with a cash offer of $89.50 per share ($3.4 billion).[5]
Key people
edit- Thomas Grogan, M.D., Founder, Ventana Medical Systems, Inc.
- Jill German, President, Ventana Medical Systems, Inc., Head, Roche Tissue Diagnostics
Products
editVentana manufactures products within eight areas:
References
edit- ^ "Ventana Medical Systems Inc". Bloomberg. Retrieved 2012-11-09.
- ^ "Roche Tissue Diagnostics".
- ^ "Ventana Medical Systems". BioPortfolio. Retrieved 2012-11-03.
- ^ Sherman, Debra (2007-09-05). "Ventana buys Spring Bioscience, raises outlook". Reuters. Retrieved 2012-11-03.
- ^ a b Doherty, Dermot (January 22, 2008). Roche’s Higher Offer Wins Ventana After Seven Months (Update11). Bloomberg. Retrieved November 3, 2012.
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