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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Axis-Shield | LSE:ASD | London | Ordinary Share | GB0008039975 | ORD 35P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 469.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
RNS Number:7809A Axis-Shield PLC 05 September 2002 5 September 2002 Axis-Shield plc Bayer Diagnostics Launches Axis-Shield's Homocysteine Assay on the Advia Centaur(R) and ACS:180(R) Immunoassay Systems Tarrytown, NY, USA and Dundee, Scotland - September 5, 2002 - Bayer Diagnostics and Axis-Shield plc announced today the launch of homocysteine assays on the ADVIA Centaur and ACS:180 immunoassay systems. Measurement of homocysteine is essential in the diagnosis and treatment of patients suspected of having homocysteinuria or hyperhomocysteinemia, a risk factor for heart disease. There is growing evidence that elevated levels of homocysteine are related to a higher risk of cardiovascular disease, including heart disease and stroke. According to the World Heart Federation, in 1999 cardiovascular diseases were considered the leading cause of death worldwide, responsible for over 16.9 million deaths annually. "The new Bayer Diagnostics homocysteine assay on the ACS:180 and ADVIA Centaur systems offers our customers a rapid and precise way to measure homocysteine levels," said Hans Hiller, Senior Vice President, Bayer Diagnostics' Laboratory Testing Segment. "Cardiovascular disease is a serious health concern. Now, laboratories can provide clinicians with a fast and valuable tool to aid in identifying and treating a significant risk factor for this disease," added Hiller. Homocysteine is an amino acid produced by the normal breakdown of protein in blood. While the exact role of homocysteine as a causative agent in cardiovascular disease is not completely understood, numerous studies have shown several different mechanisms where it promotes the development of atherosclerotic plaque. Plaques obstruct blood flow through the arteries resulting in heart attack, stroke and other cardiovascular events. The homocysteine assay on the ACS:180 and ADVIA Centaur systems was developed by Bayer Diagnostics using patented technology from Axis-Shield. The assay brings together Axis-Shield's experience in homocysteine testing with Bayer's knowledge of chemiluminescence technology and automation. There are over 4,500 ADVIA Centaur and ACS:180 systems in laboratories around the world. Svein Lien, Chief Executive Officer of Axis-Shield, said, "We are very pleased that Bayer has launched this test as it will help to facilitate the rapid growth we are seeing for homocysteine testing in a number of major therapeutic areas including cardiovascular and neurodegenerative diseases. We are committed to increasing awareness of homocysteine and to encourage test uptake. As part of this, we have now launched a new educational website at www.homocysteine.net." # # # Enquiries: Axis-Shield plc Svein Lien, Chief Executive Officer Today: +44 (0) 207 831 3113 Paul Garvey, Finance Director Thereafter: +44 (0) 1382 422000 Financial Dynamics Fiona Noblet / Sophie Pender-Cudlip Tel: +44 (0) 207 831 3113 For more information on Axis-Shield, please refer to www.axis-shield.com Notes to Editors With more than 7,500 employees worldwide and 2001 sales greater than $1.8 billion, Bayer Diagnostics (www.bayerdiagn.com), based in Tarrytown , New York, USA is one of the largest diagnostic businesses in the world. The organization supports customers in 100 countries though an extensive portfolio of central laboratory, self-testing, nucleic acid, point of care and critical care diagnostics systems and services for use in the assessment and management of health, including the areas of cardiovascular disease, oncology, virology, women's health and diabetes. Bayer Diagnostics is a part of worldwide Bayer Group, a $29 Billion international life sciences, polymers, and specialty chemicals group based in Leverkusen, Germany. Bayer Diagnostics' global headquarters in the United States operates as part of Bayer Corp. of Pittsburgh, a research-based company with major businesses in health care, life science and chemicals. Axis-Shield plc is an Anglo-Norwegian company headquartered at the Technology Park, Dundee, Scotland (www.axis-shield.com). It is an integrated innovative in-vitro diagnostic manufacturer with a focus on novel markers in key clinical areas such as cardiovascular disease, dementia and autoimmune disease. The Axis-Shield group comprises more than 400 employees and 2001 turnover was #42 million. This information is provided by RNS The company news service from the London Stock Exchange END STREAPNLELFAEFE
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