QUOTE AND NEWS
Bloomberg  Sep 3  Comment 
(Update2) A new blood screening technique has turned up antibodies with the ability to neutralize many strains of the AIDS virus, a discovery that might help create a long- sought vaccine against the deadly disease.
MarketWatch  Jul 1  Comment 
Laboratory Corp. of America said Wednesday that it has commenced its previously announced tender offer for all the outstanding shares of Monogram Biosciences . Under the terms of the deal, LabCorp is offering $4.55 in cash per Monogram share....
Marketwire  Jun 30  Comment 
BALA CYNWYD, PA -- (Marketwire) -- 06/30/09 -- Law office of Brodsky & Smith, LLC announces that a class action lawsuit has been filed in the Superior Court of California challenging the proposed acquisition of Monogram Biosciences, Inc. ("Monogram
FierceBiotech  Jun 23  Comment 
LabCorp has struck a deal to buy Monogram Biosciences for $106.7 million, a deal that will give the company a new set of tools used in drug discovery work. The acquisition today also highlights LabCorp's rapid expansion as it continues on a buyout...
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MGRM AT A GLANCE
P/E -2.65 
EV/EBITDA -3.96 
ROA -53.7%AVG
ROE -1070.8%VERY LOW
Debt to Equity -2.75 
Current Ratio 0.626VERY LOW
Interest Coverage Ratio -89.0AVG
 
 
 
 
 
 
 
 

Monogram Biosciences is a life sciences company committed to advancing personalized medicine and improving patient outcomes through the development of innovative products that guide and target the most appropriate treatments. Through a comprehensive understanding of genetic structures and the biology and pathology of disease, the company has pioneered and is developing molecular diagnostics and laboratory services that are intended to:

enable physicians to better manage infectious diseases and cancer by providing the critical information that helps them prescribe personalized treatment for patients by matching the underlying molecular features of an individual patient's disease to the drug expected to have maximal therapeutic benefit

enable pharmaceutical companies to develop new and improved anti-viral therapeutics and targeted cancer therapeutics while minimizing development costs by accelerating the progress of existing drugs in development through clinical trials.

Over the last several years, the company has built a business based on the personalized medicine approach in HIV drug resistance testing. Through its merger with Aclara BioSciences, Inc. in December 2004, the company intends to leverage the experience and infrastructure that it has built in the HIV market to the substantially larger market opportunity of cancer-testing products utilizing the proprietary VeraTag technology, formerly known as eTag technology. Monogram Biosciences was formerly known as ViroLogic, Inc. It changed its name to Monogram Biosciences, Inc. in 2005. The company was incorporated in Delaware in 1995 and is headquartered in South San Francisco, CA.




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