Sanger Institute Selects Ventana's DISCOVERY System as the IHC Platform Technology for the Atlas Project.Business Editors/Health/Medical Writers TUCSON, Ariz.--(BUSINESS WIRE)--March 25, 2003 Ventana Medical Systems Inc. (Nasdaq: VMSI VMSI Variable Message Signs (roadwork) ) today reported that the Sanger Institute The Wellcome Trust Sanger Institute (formerly the Sanger Centre) is a genome research centre in Cambridgeshire, England. It was set up in 1992 by the Wellcome Trust and the Medical Research Council, the purpose of which is stated on their website ([1] as "to further our (Cambridge, United Kingdom) has purchased Ventana's DISCOVERY(TM) system immunohistochemistry platform for use in its Atlas Gene Expression Project. The Sanger Institute will be installing multiple DISCOVERY(TM) systems in its Cambridge research facilities. The Immunocytochemistry im·mu·no·cy·to·chem·is·try n. The study of cell constituents by immunologic methods, such as the use of fluorescent antibodies. immunocytochemistry sub-group, led by Tony Warford, will introduce the use of tissue micro-arrays and automated immunocytochemical staining immunocytochemical staining use of antibody to detect and stain particular cell types, e.g. immunoperoxidase staining. to the Sanger Institute. As well as developing and implementing protocols for automated staining using recombinant antibodies, the group will develop methods for automated data collection and interpretation. It is anticipated that the project will add value to this tissue profiling using a variety of specialized immunocytochemical procedures. Ultimately the group will generate reports on expression of individual proteins and use these, along with associated electronic images, to populate a relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. . Christopher Gleeson, president and 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 Ventana Medical Systems Inc., commented, "We are delighted that an institute with the stature of Sanger has chosen our DISCOVERY(TM) system to help with this cutting-edge research initiative. Additionally, we are very excited at the opportunity to be working with Sanger's research groups on certain development projects that will enhance the Discovery's capabilities in the immunohistochemistry area." Ventana develops, manufactures and markets instrument/reagent systems that automate tissue preparation and slide staining in clinical histology histology (hĭstŏl`əjē), study of the groups of specialized cells called tissues that are found in most multicellular plants and animals. and drug discovery laboratories worldwide. Ventana's clinical systems are important tools used in the diagnosis and treatment of cancer and infectious diseases infectious diseases: see communicable diseases. . Ventana's drug discovery systems are used to accelerate the discovery of new drug targets and evaluate the safety of new drug compounds. The news release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding our ability to grow sales, the anticipated market impact of our R&D efforts, our ability to manage costs, sustain profits and general financial performance expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ, perhaps materially, from those anticipated or suggested by such forward-looking statements. These risks and uncertainties include, without limitations, risks associated with market acceptance of new automated histology products, continued success in asset management, continued improvements in our manufacturing efficiencies, on-schedule launches of our new products, currency exchange rate variability, competition and competitive pressures on pricing and general economic conditions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and in the regions served by Ventana, and those risk factors contained in our periodic reports including Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2002, and all other Securities and Exchange Commission (SEC) filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) at www.sec.gov. We undertake no obligation following the date of this release to update or revise our forward-looking statements or to update the reasons actual results could differ materially from those anticipated in forward-looking statements. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date such statements are made. We cannot guarantee any future operating results, activity, performance or achievement. Visit the Ventana Medical Systems Inc. Web site at www.ventanamed.com. The Molecular Discovery Systems Division has its own Web site at www.ventanadiscovery.com. |
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