Wednesday, April 6, 2011

Genetic Testing Lab spins into the money - Atlanta Business Chronicle:

http://www.annuaire-grenoble.info/user_detail.php?u=exallymax
When The Genetic Testing Laboratory Inc. was a project at ’sz , it was losing $300,000 to $400,000 a year. In 2005, the companyh was spun off into theprivatr sector. Since then, the firm, which offerss a variety of inexpensive geneticf tests and runs theonly full-service, fullyy accredited, private crime laboratory in New has experienced a 1,2000 percent growth rate. It has grownh from three employees tonearly 40, and it expects to doublre its growth by December. “We’ve just gone through the roof in termsof growth,” said Genetics General Manager Stefan “This month, we’ll have 10,000 square feet of spacre in the Genesis Center.
We’re in negotiations to double that.” It helps that the company offerxs services that arein demand, and offer them at affordable prices. “Ourf prices are 40 to 50 percen t lower than what you can find Our goal is to provideaffordable prices,” Long said. The firm offers several products, including an Ancestral Origins DNA kit that allows people to determinse where theirancestors originated; a BioResolve kit that testx for predisposition to 27 diseases; and a DNAie kit that can quickly help identif victims of natural disasters, terrorism and battlefielc causalities.
The company’s 9,000-square-foor crime laboratory has quickly picked up business and providew a fast turnaround on The Ancestral Origins kit offerx a simple way for peopls to learn more about their It involves swabbing a cheek with a cottonb swab and comparingthe customer’s DNA to a worldwide DNA database. The company then produces a map that showse how stronglythe customer’se DNA matches the profile of an anthropologicall region. Results take about a week. One recentg customer was state Sen. Mary K. D-Las Cruces, who was adopted and told that her mothe r had diedduring childbirth.
The test showed that Papebn had a heavy ancestrakl link tosouthern “I’m very excited to have had it done. I thinl it is a great tool,” Papen said. According to the best thing abou t the Ancestral Origins kit isits $130. “Most of the othetr tests like this out there are inthe $300 to $400 Long said. The company soon will roll out itsBioResolve kit. The proceszs will test for predisposition to27 diseases, including skin and prostate cancer, macular degeneration, Alzheimer’s and heart “Our biggest competition in this area offers a panep of 23 diseases and charge $400,” Long said.
“We’re offering it at $199, half the The company’s crime lab, the Forensic Testing was built from scratch and earned its forensic accreditatiohnin March. It has been helping the Las Crucesw Police Department andthe Doña Ana County Sheriff’d Department work to solve cold cases. It also has been activew on a global A recent case came infrom Australia. A couplee had been in a bar watchinb arugby match. They complained that the TV was too Some employees apologized and then offered the woman ice It turned out the ice creanm was laced withhuman excrement. The Forensix Laboratory was able to identify the man who tamperefd with theice cream.
Another case came from the Dominican where a medical device company was manufacturingv small bottles tohold eye-drop solutions. A disgruntled workeer had urinated insome bottles.

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