Vysis's Ship Comes In

Not too long ago, Vysis was just one of dozens of struggling genomic start-ups. Now, however, with its pending acquisition by Abbott Laboratories, it is a poster child for genomics success. Abbott is betting on the potential of Vysis's core position in fluorescent in situ hybridization (FISH) as a diagnostic tool, which allows users to evaluate disease based on changes at the chromosomal level. Abbott has been marketing Vysis's FISH test for the HER2 gene and since this summer.

Not too long ago BP PLC'sVysis Inc. was just one of dozens of struggling genomic start-ups, trying to get innovative products on the market, dismissed by large companies, and working to differentiate itself from look-alike competitors. Intensely convinced of the value of fluorescent in situ hybridization (FISH) as a diagnostic tool, it stuck to its knitting even as competitors working in related areas folded (see "Vysis Preps for Prime Time," IN VIVO, June 2001) [A#2001800130 or abandoned their FISH programs even as it had to scale back its own overly ambitious efforts in non-FISH related programs.

Now, however, Vysis is a poster child for genomics success, one of the few diagnostic start-ups to be profitable and...

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