Source:
Cambrex, Inc.
|
Posted: 19
Oct, 2004
|
Cambrex and Epoch
Biosciences Announce Licensing Deal For Rapid Microbial
Detection
Cambrex Bio Science, a subsidiary of
Cambrex Corporation and Epoch Biosciences, Inc. a provider of proprietary
products that accelerate genomic analysis, are pleased to announce that they
have entered into a worldwide license whereby Cambrex Bioproducts will
incorporate Epoch's MGB Eclipse Probe System technology into its rapid
microbial detection testing products and services.
Under the license and supply agreement, Cambrex receives a non-exclusive
license to MGB Eclipse technologies and an exclusive license to probe sequences
developed for specific patented primer sequences supplied by Cambrex. Epoch
will receive an upfront payment for technology access, product sales from
shipments of MGB Eclipse probes and primers to Cambrex, royalties on Cambrex's
sales of testing systems and services to end-users, and contract development
revenue for specific product optimization.
William G. Gerber, M.D., Chief Executive Officer of Epoch, said, "This
agreement increases the reach of our technology and products into the global
microbiology testing market. Epoch's analytical tools are broadly useful in the
detection of microorganisms in a variety of settings, support quality assurance
professionals in achieving corporate and regulatory standards, and help protect
consumers from contamination due to equipment failure, manufacturing process
error, deliberate sabotage or bioterrorism.
This accord with Cambrex, our second licensing deal in industrial quality
control testing, further validates our technology in this important sector. It
strengthens our position in industrial genomics, our third major market along
with molecular diagnostics and research applications. We expect this
collaboration to generate revenue for Epoch beginning in the fourth quarter of
2004." "This licensing agreement with Epoch demonstrates our
commitment to provide customers with rapid, accurate and cost-effective
microbial detection solutions," commented Dave Eansor, President, Cambrex
Bioproducts. "Epoch's technology is complementary to our own and will
enable us to build upon our endotoxin detection and mycoplasma screening
testing platforms.
We expect to swiftly integrate the technology into new products for rapid
microbial detection, a necessity for cell therapy and biologics customers who
are looking for a rapid release test and to meet the aims and objectives of the
FDA's Process Analytical Technology (PAT) initiative."
|