BioCentury
ARTICLE | Strategy

Pack rat attitude pays off

August 21, 1995 7:00 AM UTC

Pack rat attitude pays off Like finding that the old chest of drawers about to be sent to Goodwill is actually a valuable antique, Biocircuits Corp. has entered into a collaboration with Beckman Instruments Inc. to develop a lipid/polymer technology that investors - but not the company - had written off.

BIOC had planned to make the technology the basis for its IOS point-of-care diagnostic testing system. However, after running into scale-up problems, the Sunnyvale, Calif., company had switched to a more conventional technology. ...