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Bioterrorism
products see sales boom after attacks
Tetracore LLC a month ago was just one of hundreds
of small, local bio-technology companies pitching their products
to customers reluctant to spend money during an economic downturn.
This week the company is sold out of its product and executives are
debating whether to double or even triple output. Tetracore makes
an Anthrax "BIO-THREAT ALERT". In the words of Chief
Executive Officer Bill Nelson, its a product "akin to a home
pregnancy test but instead of finding out whether or not you are
pregnant, you find out you have Anthrax." The threat of
bioterrorism is proving profitable for several local companies with
potential blockbuster products like vaccines, drugs, and diagnostic
tools. The Anthrax scare began several weeks ago when a South Florida
tabloid journalist contracted and then died from the disease.
Several news organizations and Senate Majority Leader Tom Daschle, South
Dakota Democrat, have since received envelops containing Anthrax. The
child of four former U.S. Navy scientists, Tetracore was born in
Gaithersburg in 1998 out of thoughts of retirement and $100,000 pooled
from savings. The company operated out of a Montgomery County
Incubator. Then a year ago, soon after its BTA hit the market,
Tetracore moved out on its own. Management says the company became
profitable two years ago, but developing the BTA cost a pretty penny.
Now the company is thrilled to see BTA reach its current demand.
"It's getting wild," Mr. Nelson said. "Our
distributor is sold out and we're rushing to get things up."
Clients are mostly fire and police departments, state and local
authorities and federal contractors. But now even corporate
America is linking up.
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