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Biotech / Medical : Diversa Corporation (DVSA)

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To: nigel bates who wrote (38)7/1/2001 3:33:47 PM
From: tuck  Read Replies (1) of 144
 
nigel,

I don't follow this company much, but permit me a couple of observations.

They are in my backyard. And when I go into town I drive by the road they're on. The corner is often occupied by folks holding a big banner that says "Labor Dispute -- Shame on Diversa." I have no idea what it's about, but I've been seeing this for weeks & weeks.

This GigaMatrix screening system; I gather they're going to try to sell it. It sounds like one hell of an engineering feat, beating Aurora at their own game, technically. But Aurora has already sold most large pharmas on this sort of big ticket screening system. This thing has to cost a bundle. Compare to the uArcs screening technology coming out of DPII later this year. Just as powerful, much less likely to break down, and I would guess a lot cheaper (though consumables use might be a bit higher). I think the reason Aurora changed tacks with Big Biology and then let itself be munched has to do with the realization that the market for expensive UHTSS was saturating and dying, with newer technology on the horizon. I wonder how much Diversa spent developing this puppy? I wonder if they got hold of some Aurora folks, since ABSC had finished development of their UHTSS system (aside from related assays) a while ago? This sounds an awful lot like what ABSC would have done had they decided to develop a next generation system.

My HO; my research is not exhaustive. I must say that San Diego seems to be the Mecca of HTS, though.

Cheers, Tuck
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