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Transgenomic Inc. (TBIO)

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Last Post: 5/24/2013 4:35:58 PM - Followers: 19 - Board type: Free - Posts Today: 0

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Link to coporate website:
http://www.transgenomic.com/

TICKER SYMBOL:TBIO
Share Structure
Market Value1 $40,142,705 a/o May 10, 2013
Shares Outstanding 88,225,725 a/o Mar 13, 2013
Float Not Available
Authorized Shares 100,000,000 a/o Aug 02, 2011
Par Value 0.01

TRANSFER AGENT:
Wells Fargo Bank Minnesota, N.A.
Shareowner Services
P.O. Box 64854
St. Paul, MN 55164-0854
Phone: 877-602-7611

About:
Transgenomic is a global biotechnology company that provides unique products and services for automated high sensitivity genetic variation and mutation analysis. Our offerings include systems, products, discovery and laboratory testing services to the academic and medical research, clinical laboratory and pharmaceutical markets in the fields of pharmacogenomics and personalized medicine.

Transgenomic offers its WAVE® DHPLC Systems and associated consumables. These systems are specifically designed for use in genetic variation detection and single- and double-strand DNA/RNA analysis and purification and have broad applicability to genetic research. To date there have been over 1600 systems shipped to more than 30 countries.

Transgenomic's SURVEYOR® Mutation Detection Kits and the SURVEYOR Check-It Kit provide reagents and protocols for the detection of mutations in DNA.

Transgenomic's Cytogenetics offering includes HANABI automated chromosome harvesting systems that improve laboratory productivity with consistent quality compared to manual methods.

Transgenomic Clinical Reference Laboratory provides reference laboratory services specializing in molecular diagnostics including Mitochondrial Disorders, Oncology and Hematology, Molecular Pathology and Inherited Diseases.

Transgenomic Genomic Research Services is a CRO for pharmacogenomic, translational research and clinical trials.



Colorectal Cancer Testing



Very important AMGEN signs collaberation deal with Mgmt:

"Another potential meaningful near-term contributor to the Lab Services segment (as well as to the Diagnostic Tools segment) relates to the recently consummated agreement with Amgen (NasdaqGS:AMGN) whereby the two companies are collaborating on a KRAS an NRAS gene mutation assay kit to screen patients for colorectal cancer.  The RAScan test is currently available for research use only (RUO) in the U.S. (which will run through Lab Svcs) and for clinical use in Europe - which could help accelerate instrument placements (through Menarini) as well as increase consumables sales"



CRC RAScan™ is a new mutation detection test designed to screen for selected KRAS and NRAS mutations (collectively referred to as “RAS mutations”), in patients with metastatic colorectal cancer (mCRC).The identification of these RAS mutations can give physicians important clinical information to help them make better treatment decisions for their mCRC patients.

KRAS and NRAS are part of the RAS family of genes which encode proteins involved in transmitting signals within cells. When Ras proteins are “switched on” by incoming signals, other genes involved in cell growth, differentiation, and survival are activated. Mutations in KRAS, NRAS and other related genes can lead to Ras proteins becoming permanently activated, causing overactive signaling even in the absence of incoming signals, and can lead to the uncontrolled cell growth that characterizes cancer. Mutations that permanently activate Ras proteins are found in ~25% of human tumors and up to 90% of certain cancers. About 40% of colorectal tumors carry KRAS gene mutations and these mutations have been associated with poor response to EGFR antagonists such as cetuximab and panitumumab. Therefore KRAS mutation status can be used to determine whether or not a patient with colorectal cancer will respond to anti-EGFR therapy.

The CRC RAScan test can identify mCRC patients who have RAS mutations at levels that cannot be detected using traditional Sanger Sequencing methods.

CRC RAScan™ for Colorectal Cancer Tumor Testing is available immediately from Transgenomic’s CLIA-certified laboratory in the United States. For more information on this test, click here.

CRC RAScan Mutation Detection Kits will soon be available in the U.S for research use only. CRC RAScan Mutation Detection Kits include the following kits based on Transgenomic's proprietary SURVEYOR® Nuclease technology:

  • KRAS Exon 2
  • KRAS Exons 3 & 4
  • NRAS Exons 2, 3 & 4

Zacks analyst ~ OUR 2013 OUTLOOK~

We've again made some updates to our model.  We now model 2013 revenue of $32.4 million, implying growth of 3% from 2012.  We look for Laboratory Services and Instruments to generate revenue of $20.0 million (+4%) and $12.4 million (+2%), respectively.  We think net income and EPS come in at ($12.7) million and ($0.14).


2013 ASCO CONFERENCE ABSTRACT

http://www.amgen.com/media/media_pr_detail.jsp?year=2013&releaseID=1820728




May. 15, 2013 AMGEN PRESS RELEASE
New Analyses Identify Predictive Biomarkers For Vectibix® (Panitumumab) In Patients With Metastatic Colorectal Cancer

Biomarker Analysis From Phase 3 PRIME ('203) Study and Phase 2 PEAK ('509) Study Link Additional RAS Gene Mutations to Vectibix Clinical Response

THOUSAND OAKS, Calif., May 15, 2013 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced results from three analyses of Vectibix® (panitumumab) in combination with FOLFOX, an oxaliplatin-based chemotherapy regimen, as a first-line treatment for metastatic colorectal cancer (mCRC). These analyses include the description of new predictive biomarkers of clinical response to Vectibix, activating mutations in KRAS (beyond exon 2) and mutations in NRAS, collectively referred to as RAS.

"Amgen helped establish KRAS gene mutation as a biomarker for lack of response to anti-EGFR treatment," said Sean E. Harper, M.D., executive vice president of Research and Development at Amgen. "The identification of new biomarkers may further help to identify appropriate patients with this incurable disease for such treatment."

 









Contact Information:
Phone: (402) 452-5437
E-mail: investorrelations@transgenomic.com

SEC Filings:
http://www.nasdaq.com/asp/quotes_sec.asp?page=filings&symbol=TBIO&selected=TBIO&rpage=sec&


Press Releases:
http://finance.yahoo.com/q?s=TBIO.OB








   
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PostSubject
#213  Sticky Note TBIO Calendar of Upcoming Events: lewsogge 05/15/13 12:40:00 PM
#122  Sticky Note http://finance.yahoo.com/news/transgenomic-signs-collaboration-agreement-amgen-1 aewilliamson 05/06/13 08:45:15 AM
#258   4 trading day till ASCO presentation. Expect ASCO aewilliamson 05/24/13 04:35:58 PM
#257   ASCO - American Society of Clinical Oncology aewilliamson 05/24/13 04:34:12 PM
#256   hope you're right. Usually this soon before some gator16 05/23/13 01:46:31 PM
#255   PPS is being channeled by market makers. Just aewilliamson 05/23/13 10:10:14 AM
#254   8k out on Shareholder vote result. aewilliamson 05/22/13 05:26:56 PM
#253   Accumulation chipping away .49-.5 resistance. Tic toc aewilliamson 05/21/13 07:38:25 PM
#252   Continues to eat away resistance .48-.5. Now above 100ma aewilliamson 05/21/13 10:51:16 AM
#251   .49 100ma. aewilliamson 05/20/13 02:04:11 PM
#250   Blocks continue eating away .48 resistance aewilliamson 05/20/13 01:30:17 PM
#249   13 days till ASCO Meeting aewilliamson 05/19/13 08:38:04 PM
#248   11.6 billion dollar market for colorectal treatments by 2016. alexwv 05/17/13 10:22:15 PM
#247   $TBIO chart break after .5 aewilliamson 05/17/13 07:58:12 PM
#246   L2 screenshot. Wall is gone. images.investorshub.advfn.com/images/uploads aewilliamson 05/17/13 01:57:57 PM
#245   ASCO MEETING ABSTRACT HERE: http://abstracts2.asco.org/AbstView_132_115525.html http: aewilliamson 05/17/13 08:37:19 AM
#244   Thanks AE! Looking like we're about to start PSFlyer 05/17/13 06:46:08 AM
#243   Article Amgen Pr'd about TBIO: http://www.amgen.com/media/media_pr_detail.jsp?y aewilliamson 05/16/13 11:51:23 PM
#242   I'm very excited about this company. The PokeMeBoy aka Diogenes 05/16/13 10:11:29 PM
#241   Couldn't agree more. fabulous prospects for this company!! ParadigmDrift aka Diogenes 05/16/13 09:12:35 PM
#240   TBIO!! Added today, When this breaks .50 its mpragmatist aka Diogenes 05/16/13 07:53:37 PM
#239   Biomarker Test for all Colorectal Cancer Drugs Next? alexwv 05/16/13 04:55:37 PM
#238   Correct. MM's will move range down to Diogenes_Lamp 05/16/13 04:44:28 PM
#237   A Nice News Release from Amgen today. laser777 05/16/13 04:41:17 PM
#236   ICE COLD PCR Abstract laser777 05/16/13 04:38:22 PM
#235   Someone took out half the wall .48, then aewilliamson 05/16/13 04:02:18 PM
#234   MMs had to cover/ profiting created resistance. Once, aewilliamson 05/16/13 03:37:03 PM
#233   hope you are right gator16 05/16/13 03:24:43 PM
#232   Impulse wave 3 is about to start. Chart aewilliamson 05/16/13 12:34:52 PM
#231   Understand how to trade, and you will realize aewilliamson 05/16/13 12:28:21 PM
#230   L2 certainty paints different story. aewilliamson 05/16/13 12:25:35 PM
#229   Well look like it's over . Darn it !! gator16 05/16/13 11:52:43 AM
#228   Transgenomic Announces Global Availability of CRC RAScan™ Mutation aewilliamson 05/16/13 08:48:53 AM
#227   PR OUT: images.investorshub.advfn.com/images/uploads/2013/5/16/xzwb[Scree aewilliamson 05/16/13 08:47:18 AM
#226   Wouldn't wait on this one, one PR away Diogenes_Lamp 05/16/13 07:09:40 AM
#225   Target for major PR to be dropped around aewilliamson 05/15/13 05:45:10 PM
#224   all of that will be great reading...looking foreward biomanbaba 05/15/13 05:33:20 PM
#223   The CC said they will be releasing that aewilliamson 05/15/13 05:32:27 PM
#222   can you clarify your statement? aewilliamson 05/15/13 05:17:37 PM
#221   This part really sucks...it would be nice to biomanbaba 05/15/13 05:17:14 PM
#219   ASCO is around the corner and AMGEN will alexwv 05/15/13 03:17:23 PM
#218   This will be in dollar land in no Supertrooper 05/15/13 02:08:59 PM
#217   Agreed, MMs covering slowly right now. PERT has aewilliamson 05/15/13 02:05:43 PM
#216   Yup, this healthy consolidation is not the end lewsogge 05/15/13 01:50:51 PM
#215   Anticipating a short squeeze up to the ASCO aewilliamson 05/15/13 01:23:00 PM
#214   Thanks Lew! ASCO meeting in few weeks. aewilliamson 05/15/13 12:56:21 PM
#213   TBIO Calendar of Upcoming Events: lewsogge 05/15/13 12:40:00 PM
#212   100k on bid @ .42. Significance of .42 aewilliamson 05/15/13 11:43:27 AM
#211   Profitability in the next half all thanks to aewilliamson 05/15/13 10:24:54 AM
#210   Added on the dip yesterday, nice bounce! PSFlyer 05/15/13 09:04:58 AM
#209   Adding as we speak my friend :] Supertrooper 05/15/13 06:07:23 AM
#208   GM aewilliamson 05/15/13 06:04:25 AM
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