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Caliper Life Sciences, Inc. (CALP) CEO Kevin Hrusovsky Presented Vision for Revolutionizing Medicine


11/7/2011 2:30:57 PM

HOPKINTON, Mass., Nov. 7, 2011 /PRNewswire/ -- Caliper Life Sciences, Inc. (NASDAQ: CALP), a leading provider of tools and services for life science companies, today announced that Kevin Hrusovsky, President and CEO of Caliper delivered a keynote address at the BioConference Live event, which was held on October 26, and participated in the Personalized Medicine Panel during the World Health Forum on October 27 held at Harvard Medical School.

The keynote titled, "A Revolution in Personalized Medicine - from Concept to Reality," highlighted the "sick" state of our current healthcare system, given the high cost of care and the lack of effective result for the patient. The keynote described what aspects of medical innovation are working and where excess treatment may actually be harmful to the patient. For example, on average only 25 percent of oncology therapeutic treatments are effective, and all patients are potentially harmed by the side effects of disease treatment. This forward looking presentation provided a view to the tools and techniques that will transform healthcare, focusing on innovative technologies in areas like genomic analysis, biomarkers, and imaging that will improve the ability to detect disease at earlier levels and determine the appropriate individualized treatments necessary to ensure the most beneficial patient outcome. Hrusovsky also described advancements in biotherapeutics, targeted small molecules, and regenerative medicine that will provide physicians with better treatment options for their patients.

"Despite the trillions of dollars spent on medical research, a child born today has a shorter life expectancy than his or her parent," said Kevin Hrusovsky, President and CEO of Caliper Life Sciences. "The practice of medicine today is reactionary and more appropriately described as 'sick care' instead of 'health care.' At Caliper, we are committed to developing and commercializing disruptive technologies that improve the quality and length of life for all humankind, creating a revolution in healthcare that enables individualized treatment in a way that is economically sustainable."

A replay of the BioConference Live keynote presentation is available at http://www.bioconferencelive.com/events.php?event_id=1&layout=speakers

About Caliper Life Sciences

Caliper is a premier provider of cutting-edge technologies enabling researchers in the life sciences industry to create life-saving and enhancing medicines and diagnostic tests more quickly and efficiently. Caliper is aggressively innovating new technology to bridge the gap between in vitro assays and in vivo results, enabling researchers to translate those results into cures for human disease. Caliper's portfolio of offerings includes state-of-the-art microfluidics, lab automation & liquid handling, tissue microscopy, preclinical imaging technologies, and discovery & development outsourcing solutions. For more information please visit www.caliperLS.com.

SOURCE Caliper Life Sciences, Inc.



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