Ventana Medical Systems, Inc. was a medical device company that develops, manufactures, and markets instrument reagent systems that automate tissue and slide staining in
anatomic pathology
Anatomical pathology (''Commonwealth'') or Anatomic pathology (''U.S.'') is a medical specialty that is concerned with the diagnosis of disease based on the macroscopic, microscopic, biochemical, immunologic and molecular examination ...
laboratories. These products assist in the diagnosis and treatment of cancer and infectious diseases.
The company is now part of the
Roche Diagnostics Division and has been renamed Roche Tissues Diagnostics.
Company history
Pathologist and
University of Arizona
The University of Arizona (Arizona, U of A, UArizona, or UA) is a public land-grant research university in Tucson, Arizona. Founded in 1885 by the 13th Arizona Territorial Legislature, it was the first university in the Arizona Territory.
T ...
professor
Thomas Grogan, M.D., founded Ventana in 1985. The company launched its first instrument reagent system in 1991, and held an initial public offering (IPO) in 1996, trading under the symbol VMSI on the
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
stock exchange.
In 2007, Ventana acquired Spring BioScience Corp, a developer and supplier of monoclonal antibodies.
That same year, Ventana rejected a hostile takeover bid from Roche Holding AG for $75 a share.
[Doherty, Dermot (January 22, 2008)]
Roche’s Higher Offer Wins Ventana After Seven Months (Update11)
Bloomberg. Retrieved November 3, 2012. In February 2008, Roche acquired Ventana with a cash offer of $89.50 per share ($3.4 billion).
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Key people
* Thomas Grogan, M.D., Founder, Ventana Medical Systems, Inc.
*Jill German, President, Ventana Medical Systems, Inc., Head, Roche Tissue Diagnostics
Products
Ventana manufactures products within eight areas:
* Immunohistochemistry (IHC)
* ''in situ'' hybridization (ISH)
* Hematoxylin and eosin (H&E)
*Special stains
*Personalized medicine
Personalized medicine, also referred to as precision medicine, is a medical model that separates people into different groups—with medical decisions, practices, interventions and/or products being tailored to the individual patient based on the ...
*Digital pathology
Digital pathology is a sub-field of pathology that focuses on data management based on information generated from digitized specimen slides. Through the use of computer-based technology, digital pathology utilizes virtual microscopy. Glass slide ...
*Workflow
A workflow consists of an orchestrated and repeatable pattern of activity, enabled by the systematic organization of resources into processes that transform materials, provide services, or process information. It can be depicted as a sequence of ...
*Image analysis
Image analysis or imagery analysis is the extraction of meaningful information from images; mainly from digital images by means of digital image processing techniques. Image analysis tasks can be as simple as reading bar coded tags or as sophi ...
References
Companies based in Tucson, Arizona
2008 mergers and acquisitions
Roche
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