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Beckman Coulter's CEO John Wareham talks to The Wall Street Transcript.


Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 3, 2000

The Wall Street Transcript has published an in-depth interview with John Wareham, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Beckman Coulter (NYSE NYSE

See: New York Stock Exchange
:BEC), in which he talks at length about the company's future.

The entire 2,200-word interview is available free online at http://www.twst.com/ceos.htm.

Wareham gives an overview of the company. "We simplify and automate processes for biomedical testing. Our big customers are hospitals, research laboratories, pharmaceutical and biotechnology companies. When we talk about biomedical testing, one of our largest businesses is testing blood. I'm sure you've had your blood taken and you've gotten test results. We make the systems that automate testing and produce those results."

Wareham explains, "We can perform 100% of the routine testing in the hospital; that was one of the results of putting Beckman and Coulter together, along with some of the other acquisitions we did in the mid-1990s. The goal was to provide all of the routine testing, so that we could work the entire testing process in the lab."

Looking forward, Wareham states, "Another trend we see is that new therapeutic treatments will probably be accompanied by more diagnostic testing that enables you to stratify patients and predict the utility of the therapy. The whole outgrowth of DNA DNA: see nucleic acid.
DNA
 or deoxyribonucleic acid

One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes.
 mapping is a promising area. You may have heard of SNP SNP Scottish National Party

Noun 1. SNP - (genetics) genetic variation in a DNA sequence that occurs when a single nucleotide in a genome is altered; SNPs are usually considered to be point mutations that have been evolutionarily
 (single nucleotide polymorphism Noun 1. single nucleotide polymorphism - (genetics) genetic variation in a DNA sequence that occurs when a single nucleotide in a genome is altered; SNPs are usually considered to be point mutations that have been evolutionarily successful enough to recur in a ) analysis, where you can characterize people; that's a new technology. We'll be able to tell more about patients before therapy --- that's a field called theranostics. So we see that as a trend in maybe the next 10 years or so."

This interview is part of a 288-page UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
 Warburg LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 Global Life Sciences Conference Issue available at http://www.twst.com/info/info181.htm or by calling (212) 952-7433.

The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 37 years.

The Wall Street Transcript has launched a new free service where investors can ask Beckman Coulter (or any public company) a question at http://www.qawire.com.

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 3, 2000
Words:366
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