Biotage Makes a Change in Top Management.UPPSALA, Sweden -- The life science company Biotage (STO:BIOTA), listed on the O-list of the Stockholm stock exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , makes a change in its top management. David Patteson, President of the business area Discovery Chemistry has decided to seek new challenges elsewhere. He will leave the company on 1 April 2006. David Patteson has been with Biotage for seven years during which time he has very successfully built up the Global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . In the last years he also led the integration of the acquired companies and the cost reductions that followed. Today, Biotage is the world leading supplier in instruments, reagents and services for the Medicinal Chemists. The forthcoming 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 Biotage, Torben Jorgensen, will take over Mr Patteson's responsibilities with immediate effect and work alongside him until 1 April. Discovery Chemistry, which represents about 85 percent of Biotage's annual turnover, supplies products and services for three prominent market segments, Medicinal Chemistry Medicinal or pharmaceutical chemistry is a scientific discipline at the intersection of chemistry and pharmacology involved with designing, synthesizing and developing pharmaceutical drugs. , Analytical Chemistry and Process Development. Primary products include microwave synthesis, resins and solid phase extraction Solid-phase extraction (SPE) is a separation process that is used to extract compounds (called analytes) from a mixture of impurities. Analytical laboratories use solid phase extraction to concentrate and purify samples for analysis. (SPE SPE - Software Practice and Experience ), flash purification cartridges and systems, and reaction screening instruments, which target chemists in research organizations worldwide. About Biotage Biotage is a global company active in life science research with strong technologies, a broad range of operations and a long-term view of the market. The company offers solutions, knowledge and experience in the areas of genetic analysis and medicinal chemistry. In 2005 operations and products were acquired from the American company Argonaut, further strengthening the medicinal chemistry product range. The customers include the world's top 30 pharmaceutical companies, the world's top 20 biotech companies, and leading academic institutes. The company is headquartered in Uppsala and has offices in the U.S., Japan, UK, Germany and several other European countries. Biotage has 330 employees and had sales of 430 MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner in 2005. Biotage is listed on the Stockholm stock exchange. Website: www.biotage.com This information was brought to you by Waymaker http://www.waymaker.net |
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