Bioanalytical Systems, Inc. Acquisition Broadens Healthcare Research Services.Business Editors, Health/Medical Writers WEST LAFAYETTE, Ind.--(BW HealthWire)--Jan. 27, 2000 Bioanalytical Systems, Inc. (Nasdaq:BASI) announced today that it purchased T.P.S., Inc. (Toxicology Pathology Services) of Evansville, IN in December. BAS BAS abbr. 1. Bachelor of Agricultural Science 2. Bachelor of Applied Science will now offer a broader slate of research services to pharmaceutical developers. The acquisition was effective October 1, 1999 and will be reflected in the BAS first fiscal quarter 2000. T.P.S., Inc., now called BAS Evansville, will continue to focus on providing the best preclinical toxicology preclinical toxicology (prēˈ·kliˑ·ni·k  l t , pathology, and chemistry services in its AAALAC-accredited research laboratories. Since BAS Evansville participates in early stages of drug development, its contacts will give BAS earlier access to clients' development pipelines. &uot;It is clear that TPS (1) (Transactions Per Second) The number of transactions processed within one second. TPS is a better rating for the performance of hardware and software than the common MHz and GHz rating of the computer. management has the same focus on good science, collegiality col·le·gi·al·i·ty n. 1. Shared power and authority vested among colleagues. 2. Roman Catholic Church The doctrine that bishops collectively share collegiate power. , regulatory compliance, and streamlined reporting. And, customers appreciate the high level of personal attention. These are all traits nurtured and valued at BAS,&uot; said Michael P. Silvon, Ph.D., newly appointed Vice President and General Manager for BAS Evansville. &uot;We're all delighted with the camaraderie and commitment as the team embraces our growth plan. We've boosted marketing and enhanced service offerings, including BAS automated in vivo in vivo /in vi·vo/ (ve´vo) [L.] within the living body. in vi·vo adj. Within a living organism. in vivo adv. sampling technology, our new Culex Culex /Cu·lex/ (ku´leks) a genus of mosquitoes found throughout the world, many species of which are vectors of disease-producing organisms. Cu·lex n. (R) system. Customers are intrigued by our ability to cut weeks off their development cycle through seamless planning and communications among preclinical pharmacokinetics and safety in Evansville and bioanalytical analysis and reporting in West Lafayette.&uot; BAS is a knowledge business. The BAS research team has been recognized for its contributions to understanding the underlying causes of diseases like diabetes, osteoporosis, HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. , adrenal adrenal /ad·re·nal/ (ah-dre´n'l) 1. paranephric. 2. adrenal gland. 3. pertaining to an adrenal gland. ad·re·nal adj. 1. cancer, and hypertension. In addition to toxicology and bioanalytical services, BAS is an industry leader in instrument systems for monitoring in vivo biochemistry and physiology. Clients use these systems in new drug development, toxicology, cancer research, addiction and behavioral research. Visit http://www.bioanalytical.com and http://www.culex.net for more about BAS. This release contains forward-looking statements that are subject to risks and uncertainties, including but not limited to risks and uncertainties related to the development of products and services, changes in technology, strategy, and various market and operating risks detailed in the company's filings with the Securities and Exchange Commission. |
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