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Invitrogen Shares Take a Hit

Shares in Invitrogen tumbled 14.44 percent for the tracking period ended Tuesday, leading all decliners in the BCW Index this week. The firm missed Wall Street and internal targets for its third quarter at its BioReliance business continues to struggle (see article in this week's issue). Bruker also had a tough week, with its shares dropping 7.43 percent on the heels of its agreement to acquire an X-ray microanalysis business. On the other end of the spectrum, Molecular Devices gained 15.47 percent after reporting a third-quarter profit and 9-percent revenue growth for the third quarter. Shares in Applied Biosystems and PerkinElmer also posted strong gains during the past week. Overall, the BCW Index declined .9 percent, compared to a .3-percent increase for the Dow Jones Industrial Average, the Nasdaq inched up .2 percent, and the Nasdaq Biotech Index lost 1.7 percent.

BioCommerce Week Index of Diversified Molecular Biology Tool Companies
Company
Ticker
Current Price
(Nov. 1, 2005)
Last Price
(Oct. 25, 2005)
% change
Agilent
A
32.13
31.18
3.05
Applied Biosystems
ABI
24.97
23.35
6.94
Beckman
BEC
49.5
50.47
-1.92
Bio-Rad
BIO
57.26
55.57
3.04
Bruker
BRKR
4.11
4.44
-7.43
Fisher Scientific
FSH
56.64
58.16
-2.61
GE
GE
33.6
33.91
-0.91
Harvard Bio
HBIO
3.17
3.12
1.60
Invitrogen
IVGN
63.47
74.18
-14.44
Molecular Devices
MDCC
22.91
19.84
15.47
PerkinElmer
PKI
22.1
20.82
6.15
Qiagen
QGEN
11.92
11.86
0.51
Sigma
SIAL
64.06
63.53
0.83
Stratagene
STGN
9.69
9.87
-1.82
Thermo
TMO
29.75
30.7
-3.09
Waters
WAT
36.51
35.75
2.13
BCW Index Average
32.61
32.92
-0.94
The Scan

Response Too Slow, Cautious

A new report criticizes the global response to the threat of the COVID-19 pandemic, Nature News reports.

Pushed a Bit Later

Novavax has pushed back its timeline for filing for authorization for its SARS-CoV-2 vaccine, according to Bloomberg.

AMA Announces Anti-Racism Effort

The Associated Press reports that the American Medical Association has released a plan to address systemic racism in healthcare.

Nucleic Acids Research Papers on miRMaster 2.0, MutationTaster2021, LipidSuite

In Nucleic Acids Research this week: tool to examine small non-coding RNAs, approach to predict ramifications of DNA variants, and more.