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ROCHE DIAGNOSTICS AND QUEST DIAGNOSTICS ESTABLISH BROAD-BASED
ALLIANCE TO DEVELOP AND MARKET INNOVATIVE GENE-BASED MEDICAL TESTS
INDIANAPOLIS, IN AND TETERBORO, NJ (October 17, 2001) - Roche Diagnostics,
a world leader in clinical diagnostic products and services and
a pioneer in molecular diagnostics, and Quest Diagnostics Incorporated
(NYSE: DGX), the nation's leader in gene-based medical testing with
laboratories across the country, have entered into an alliance to
develop and commercialize new gene-based medical tests and to expand
access to gene-based testing for patients, physicians and hospitals.
Financial terms of the agreement were not disclosed.
The gene-based tests will be based on Roche Diagnostics' patented
polymerase chain reaction (PCR) technology, which is recognized
as the gold standard for gene-based testing and an important enabling
technology for applied genomics. Collaborations are expected to
focus mainly on applications in pharmacogenomics and predictive
medicine. Pharmacogenomics tests are used to predict the effectiveness
of specific therapies in individuals and also to help physicians
monitor the effectiveness of treatments. Predictive medicine tests
are used by physicians to evaluate an individual's predisposition
to diseases. In addition, the companies plan to collaborate on the
commercialization of gene-based markers to assess an individual's
risk for stroke and asthma. Some of these tests may originate through
Roche Diagnostics' partnerships with other companies such as Affymetrix,
Inc. and deCODE Genetics.
In addition to developing new tests, the companies agreed to expand
the use of PCR technology in routine clinical laboratory tests,
offering patients, physicians, and hospitals enhanced accuracy,
reliability and speed. Quest Diagnostics is already utilizing the
Roche COBAS AMPLICOR PCR platform for HIV testing. Under this
agreement, Quest Diagnostics has also agreed to standardize current
testing for Chlamydia trachomatis and Neisseria gonorrhea (CT/NG)
on the Roche Diagnostics' AMPLICOR® PCR platform across all
30 Quest Diagnostics regional full-service laboratories. Potential
future collaborations include evaluation of the next generation
of assays for viral diseases such as hepatitis C virus (HCV) utilizing
"real-time PCR" on Roche Diagnostics' COBAS TaqMan®
platform. Such developments will expand the use of PCR technology
in routine clinical laboratory tests.
"We are very excited about working with Quest Diagnostics
to advance gene-based testing," said Martin Madaus, president
and CEO of Roche Diagnostics Corporation. "By combining our
experience and resources, we expect to expedite the transition of
genomic discoveries into effective diagnostic products. This agreement
reflects Roche Diagnostics' long-term commitment to expanding its
involvement in human genetics research through both in-house activities
and strategic alliances."
"Genomics has changed medicine forever, and it all starts
with a diagnostic or predictive gene-based medical test," said
Kenneth W. Freeman, chairman and CEO of Quest Diagnostics. "We
are pleased to be collaborating with Roche Diagnostics, which developed
PCR technology. Our clinical expertise combined with Roche Diagnostics'
research capability will expand access to PCR technology for millions
of patients and their physicians."
Quest Diagnostics, based in Teterboro, N.J., is the nation's leading
provider of diagnostic testing, information and services with $3.4
billion in annual revenues. The company's diagnostic testing yields
information that enables healthcare professionals and consumers
to make better decisions to improve health. Quest Diagnostics offers
patients and physicians the broadest access to diagnostic testing
services through its national network of approximately 30 full-service
laboratories, 150 rapid response laboratories and more than 1,300
patient service centers, where specimens are collected. Quest Diagnostics
is the leading provider of esoteric testing, including gene-based
testing, and is the leader in routine medical testing, drugs of
abuse testing, and non-hospital-based anatomic pathology testing.
Through partnerships with pharmaceutical, biotechnology and information
technology companies, Quest Diagnostics provides support to help
speed the development of healthcare insights and new therapeutics.
Additional company information can be found on the Internet at:
www.questdiagnostics.com.
Headquartered in Basel, Switzerland, Roche is one of the world's
leading research-oriented healthcare groups in the fields of pharmaceuticals,
diagnostics and vitamins. Roche's products and services address
prevention, diagnosis and treatment of diseases, thus enhancing
well-being and quality of life. Roche Diagnostics Division, the
world leader in in-vitro diagnostics with a uniquely broad portfolio,
supplies a wide array of innovative testing products and services
to researchers, physicians, patients, hospitals and laboratories
worldwide. Roche Diagnostics Corporation, based in Indianapolis,
is the North American headquarters for the diagnostics business
of the company.
The statements in this press release which are not historical facts
or information may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. Certain of these risks and uncertainties
are listed in the Quest Diagnostics Incorporated 2000 Form 10-K
and subsequent filings.
AMPLICOR and TAQMAN are trademarks of Roche Diagnostics, a member
of the Roche Group.
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