QIAGEN and BioHelix Enter Into Licensing Agreement
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Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this
announcement.
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Helicase-dependent isothermal DNA amplification system provides new
assay technology capabilities for QIAGEN's assay automation platforms
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Venlo, The Netherlands, and Beverly, Massachusetts, - April 30, 2008
- QIAGEN (Nasdaq: QGEN; Frankfurt, Prime Standard: QIA) and privately
held BioHelix have announced today that they have entered into a
non-exclusive worldwide license and supply agreement for BioHelix's
proprietary Helicase Dependent Amplification technology (HDA). HDA is
a versatile assay technology to detect and analyze biological target
molecules such as DNA and RNA by amplifying target specific genetic
information with the highest level of sensitivity and specificity.
Financial terms were not disclosed.
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This licensing agreement adds a further amplification technology to
QIAGEN's broad intellectual property estate of amplification and
assay technologies that includes numerous PCR and PCR-similar
technologies as well as technologies such as rolling circle
amplification (RCA) and whole genome/transcriptome amplification.
These technologies are selected depending upon aspects such as the
targeted setting, system and performance.
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Unlike conventional amplification technologies such as the polymerase
chain reaction (PCR), which requires thermocycling, HDA works at a
constant temperature, eliminating the need for complex and costly
instrumentation. In addition HDA technology offers a simple reaction
workflow and a user-friendly assay design process. Two primers are
used to flank the DNA fragment to be amplified, thereby allowing
simple and rapid development of new single-plex and/or multiplex
assays for use in research, pharmaceutical development, applied
markets or molecular diagnostics.
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HDA is compatible with multiple detection technologies including
qualitative or quantitative fluorescent detection technologies, and
also with instrumentation designed for use with real-time PCR. The
technology is also compatible with QIAGEN's suite of next-generation
Hybrid Capture(TM) detection platforms, which includes an ultra-high
throughput instrument designed for use with assays including QIAGEN's
next generation HPV assay to test for human papillomavirus, the
primary cause of cervical cancer. By combining the HDA platform with
other assay technologies including QIAGEN's hybrid capture
technology, the most important tests in women's health, human
papillomavirus (HPV), chlamydia trachomatis (CT) and neisseria
gonorrhoeae (GC) can be run using a single instrument and a single
specimen.
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Furthermore, HDA has shown potential for the development of simple,
portable DNA diagnostic devices to be used in the field or at the
point-of-care.
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"We are excited about the opportunities coming along with HDA
technology," said Jim Godsey, Senior Vice President Research &
Development North America for QIAGEN. "The ability to amplify DNA or
RNA using an isothermal amplification system opens up a wide field of
new assays in many areas, in particular in human molecular
diagnostics and applied testing."
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"We are extremely excited about the global reach and development
capabilities of QIAGEN as a partner. This license validates the
utility of our technology while further enhancing our plans for
growth," said Dr. Huimin Kong, inventor of HDA and CEO of BioHelix
Corporation. Â
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About QIAGEN:
QIAGEN N.V., a Netherlands holding company, is the
leading global provider of sample and assay technologies. Sample
technologies are used to isolate and process DNA, RNA and proteins
from biological samples such as blood or tissue. Assay technologies
are used to make such isolated biomolecules visible. QIAGEN has
developed and markets more than 500 consumable products as well as
automated solutions for such consumables. The company provides its
products to molecular diagnostics laboratories, academic researchers,
pharmaceutical and biotechnology companies, and applied
testing customers for purposes such as forensics, animal or food
testing and pharmaceutical process control. QIAGEN's assay
technologies include one of the broadest panels of molecular
diagnostic tests available worldwide. This panel includes the only
FDA-approved test for human papillomavirus (HPV), the primary cause
of cervical cancer. QIAGEN employs more than 2,700 people in over 30
locations worldwide. Further information about QIAGEN can be found at
www.qiagen.com.
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About BioHelix Corp.:
BioHelix Corporation, a privately held diagnostics company located in
Beverly, Massachusetts, specializes in the development of
next-generation diagnostic solutions and nucleic acid tests based
upon their isothermal HDA platform for infectious diseases, such as
Methicillin-resistant Staphylococcus aureus (MRSA), Herpes Simplex
Virus, and for genetic diseases. The company's mission is to improve
the quality of healthcare through the development of simple molecular
tests for the near patient setting, wherein rapid solutions are
necessary for prompt medical intervention. Additional information
about BioHelix Corporation is available at www.biohelix.com.
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Certain of the statements contained in this news release may be
considered forward-looking statements within the meaning of Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended. To the
extent that any of the statements contained herein relating to
QIAGEN's products, markets, strategy or operating results are
forward-looking, such statements are based on current expectations
that involve a number of uncertainties and risks. Such uncertainties
and risks include, but are not limited to, risks associated with
management of growth and international operations (including the
effects of currency fluctuations and risks of dependency on
logistics), variability of operating results, the commercial
development of the applied testing markets, clinical research markets
and proteomics markets, women's health/HPV testing markets, nucleic
acid-based molecular diagnostics market, and genetic vaccination and
gene therapy markets, changing relationships with customers,
suppliers and strategic partners, competition, rapid or unexpected
changes in technologies, fluctuations in demand for QIAGEN's products
(including fluctuations due to the level and timing of customers'
funding, budgets, and other factors), our ability to obtain
regulatory approval of our infectious disease panels, difficulties in
successfully adapting QIAGEN's products to integrated solutions and
producing such products, the ability of QIAGEN to identify and
develop new products and to differentiate its products from
competitors' products, market acceptance of QIAGEN's new products and
the integration of acquired technologies and businesses. For further
information, refer to the discussions in reports that QIAGEN has
filed with, or furnished to, the U.S. Securities and Exchange
Commission (SEC).
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Qiagen N.V.
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