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Stratagene Stock Tumbles, But the Index Remains Up

Returning from a two-week hiatus, the BCW Index gained 1.8 percent for the past three weeks Stratagene posted by far the biggest loss for both the past week and the three-week tracking period, after a jury found the firm had willfully infringed patents held by Third Wave Technologies and ordered Stratagene to pay damages of $5.3 million (see related article). For the four days ended Tuesday, Stratagene's shares fell 16.6 percent, and for the three-week tracking period, the shares dropped 18.7 percent.

None of the other 14 companies that comprise the BCW Index posted declines or gains even remotely close to that experienced by Stratagene. However, four companies — Agilent, Applied Biosystems, Beckman Coulter, and Molecular Devices — all had gains of at least 5 percent for their stock over the past three weeks.

During the past three weeks, the Index outgained the Dow Jones Industrial Average, which returned a gain of .7 percent, and the broader Nasdaq market, which declined .3 percent. The Nasdaq Biotech Index, however, rose 4.9 percent during the tracking period.

BioCommerce Week’s Index to the
Diversified Molecular Biology Tools Companies
Company
Ticker
Current Price
(
September 6, 2005)
Last Price
(
August 30, 2005)
% Change
August 23, 2005
% Change
August 16, 2005
% Change
Agilent
A
32.48
32.02
1.44
30.25
5.85
30.48
-0.75
Applied Biosystems
ABI
21.76
21.23
2.50
21.02
1.00
20.69
1.59
Beckman
BEC
57.14
55.76
2.47
55
1.38
54
1.85
Bio-Rad
BIO
57.35
54.64
4.96
54.53
0.20
55.62
-1.96
Bruker
BRKR
4.41
4.28
3.04
4.17
2.64
4.24
-1.65
GE
GE
33.94
33.24
2.11
33.97
-2.15
33.88
0.27
Harvard Bio
HBIO
2.98
2.87
3.83
3
-4.33
3.1
-3.23
Invitrogen
IVGN
83.92
83.57
0.42
81.89
2.05
84.81
-3.44
Molecular Devices
MDCC
21.07
19.95
5.61
20.44
-2.40
20.06
1.89
PerkinElmer
PKI
20.75
20.42
1.62
19.83
2.98
20.31
-2.36
Qiagen
QGEN
13.13
12.55
4.62
12.37
1.46
12.62
-1.98
Sigma
SIAL
61.85
61.49
0.59
62.33
-1.35
61.86
0.76
Strategene
STGN
7.41
8.88
-16.55
9.05
-1.88
9.11
-0.66
Thermo
TMO
28.44
27.55
3.23
28.12
-2.03
28.71
-2.06
Waters
WAT
46.1
44.96
2.54
44.19
1.74
44.49
-0.67
Index Average
32.85
32.23
1.93
32.01
0.68
32.27
-0.79
The Scan

WHO Seeks Booster Pause

According to CNN, the World Health Organization is calling for a moratorium on administering SARS-CoV-2 vaccine boosters until more of the world has received initial doses.

For Those Long Legs

With its genome sequence and subsequent RNAi analyses, researchers have examined the genes that give long legs to daddy longlegs, New Scientist says.

September Plans

The New York Times reports that the US Food and Drug Administration is aiming for early September for full approval of the Pfizer-BioNTech SARS-CoV-2 vaccine.

Nucleic Acids Research Papers on Targeting DNA Damage Response, TSMiner, VarSAn

In Nucleic Acids Research this week: genetic changes affecting DNA damage response inhibitor response, "time-series miner" approach, and more.