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Biotech / Medical : Ciphergen Biosystems(CIPH):

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To: tuck who wrote (215)4/2/2004 1:01:49 AM
From: mopgcw  Read Replies (1) of 510
 
Piper wrap-up on AACR indicated that them meeting was dominated again by Biomarkers and pharmacogenomic markers. They also noted that they believe bimarker research to remain an important driver for the mass spec mrkt and view ciph to be the pure play in the space.

They are comfy with their $81.5mm rev est for the year and note the hiring of 5 program managers/hiring in europe and buy-out of their Japan sales force. system demos are up significantly and appear to have been successful winning several lost 4q03 system placements.

fwiw.

regards,
george
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