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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