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Telegram & Gazette

Bloomberg Index

Central Massachusetts

-1.75

166.43

Volume: 65,936,954

Up: 11

Down: 11

Unchanged: 7

Gainer: The Hanover Insurance Group Inc. $43.08 +$0.31 (volume of 416,356 shares)

Decliner: Waters Corp. $59.10 -$1.54 (volume of 1.49 million shares)

People

New Fallon CEO

WORCESTER - Dr. Jack M. Dutzar, a former top executive at a Seattle-based nonprofit health care system, has been named president and chief executive officer of Fallon Clinic.

Mr. Dutzar was most recently executive medical director at Group Health, an integrated coverage and care system that includes a health maintenance organization and two hospitals. The nonprofit had 2007 revenues of $2.5 billion and features 900 physicians and 25 primary care medical centers.

Dr. Dutzar, a family medicine doctor, co-led one of two operating divisions providing medical services to 180,000 members. He received his medical degree from the University of Colorado School of Medicine. He is a graduate of Whitworth College in Spokane, Wash.

He previously founded and ran Mojave Desert Health Services in Needles, Calif.

Dr. Stephen M. Pezzella had been acting president and CEO of the 250-physician group practice since July 2006. He replaced Dr. Baltej S. Maini, who resigned. Dr. Pezzella will continue as chairman of Fallon Clinic's board of trustees.

Local

New gene test

DES PLAINES, Ill. - Health care company Abbott Laboratories said yesterday it will work with Genentech Inc., F. Hoffmann-La Roche Ltd. and OSI Pharmaceuticals Inc. to develop a gene test to potentially determine the benefit of a certain lung cancer treatment. Terms were not disclosed. Abbott's molecular diagnostics unit will develop the test for Tarceva, an oral tablet used to treat patients with locally advanced or metastatic non-small cell lung cancer that had at least one unsuccessful chemotherapy session. Abbott operates the Abbott Bioresearch Center in Worcester. (Associated Press)

EMC lead grows

HOPKINTON - EMC Corp., the world's largest maker of storage computers, extended its lead last quarter, outpacing International Business Machines Corp. and Hewlett-Packard Co.

Total sales of external disk-storage computers climbed 9.8 percent to $5.33 billion in the fourth quarter, according to research firm IDC. Revenue at EMC rose 13.3 percent to $1.2 billion, bringing its market share to 22.5 percent from 21.8 percent a year earlier. Some businesses, such as financial-services firms, may have scaled back purchases of storage computers last quarter. That affected sales at IBM, which has more of those customers, said Brad Nisbet, an analyst at Framingham-based IDC.

IBM's storage-computer sales rose 5.6 percent to $945 million. The company's market share fell to 17.7 percent, from 18.4 percent a year earlier. (Bloomberg News)

ART: PHOTO

CUTLINE: Dr. Dutzar
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Title Annotation:BUSINESS
Publication:Telegram & Gazette (Worcester, MA)
Date:Mar 8, 2008
Words:454
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