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Paradigm Genetics Changes Name to Icoria

NEW YORK, Aug. 17 (GenomeWeb News) - Paradigm Genetics announced today that it has changed its name to Icoria effective immediately, and has correspondingly changed its Nasdaq ticker from PDGM to ICOR.

 

The Research Triangle Park, NC company said the name change is meant to communicate underlying changes in focus from genomics to systems biology, and the increased emphasis on healthcare, especially after the acquisition of TissueInformatics in March.

 

"This represents the culmination of a process of strategic change from a functional genomics company serving the agrichemical sector to a systems biology company conducting cutting-edge, product-focused discovery and development research in both healthcare and agriculture. Icoria is a systems biology leader, unique in both the breadth of its core technology platforms and its ability to commercialize those technologies," Steven Burrill, Chairman of the Board of Icoria, said in a statement.