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Roche Licenses Affymetrix' GeneChip® Technology
Two industry leaders partner for a broad-scale commercialization
of diagnostic array-based products
Basel, Switz. - January 30, 2003 - Roche and Affymetrix, Inc. (NASDAQ:
AFFX) today announced an agreement in which Affymetrix grants Roche
access to its patented GeneChip® brand technologies to develop
and commercialize diagnostic products in a broad range of human
disease areas. With these technologies, Roche Diagnostics will develop
and market tests for a wide range of diseases such as cancer, osteoporosis,
cardiovascular, metabolic, infectious diseases and inflammatory
diseases.
The agreement gives Roche non-exclusive rights to Affymetrix' array
and instrument technologies for up to 18 years. It will enable Roche
to create and market GeneChip laboratory tests for DNA analysis,
genotyping, and resequencing applications, as well as for RNA expression
analysis.
"Affymetrix' technology is highly complementary to our polymerase
chain reaction (PCR) technology", stated Heino von Prondzynski,
Head of Roche Diagnostics and a member of Roche's Corporate Executive
Committee. "We believe that creating targeted microarray expression
profiles for cancer, and genotyping and resequencing profiles for
other diseases will enable us to develop and commercialize novel
standardized diagnostic solutions, taking this exciting technology
out of the research lab and into the clinical setting. This will
allow physicians to tailor therapy for individual patients."
"Roche and Affymetrix have become partners in creating genetic
tests to aid clinicians in the diagnosis and treatment of human
disease," added Stephen P.A. Fodor, PhD, the CEO of Affymetrix.
"We believe the synergies between our GeneChip platform and
Roche's PCR technology will establish new standards for genetic
clinical testing. We are thrilled to be at the forefront of this
new marketplace with Roche." Fodor noted that he expects these
tests to become as common in patient care as the X-ray, the EKG,
and other routine examinations.
Together with Affymetrix, Roche will undertake research projects
to develop and validate specific tests, along with clinical trials
for those tests. The two companies will also collaborate on high-throughput
packaging and instrument technologies for genetic tests for bringing
state-of-the-art array scanning to diagnostic laboratories.
Microarrays enable researchers to qualitatively and quantitatively
measure gene expression levels in a broad range of biologically
relevant organisms. They are also used for DNA analysis applications
including mapping, genotyping, and resequencing. DNA microarrays
were the first high-throughput tool for studying gene function.
Under the terms of the agreement, Affymetrix will receive a one-time,
upfront payment of 70 million US dollars. Affymetrix may also receive
other compensation, including royalties on sales of diagnostic kits
and milestones payments for technical and commercial achievements.
About Affymetrix
Affymetrix is a pioneer in creating breakthrough tools that are
driving the genomic revolution. By applying the principles of semiconductor
technology to the life sciences, Affymetrix develops and commercializes
systems that enable scientists to improve the quality of life. The
Company's customers include pharmaceutical, biotechnology, agrichemical,
diagnostics, and consumer products companies, as well as academic,
government, and other non-profit research institutes. Affymetrix
offers an expanding portfolio of integrated products and services,
including its integrated GeneChip® brand platform to address
the growing markets focused on understanding the relationship between
genes and human health. Additional information on Affymetrix may
be found at www.affymetrix.com.
About Roche
Headquartered in Basel, Switzerland, Roche is one of the world's
leading research-oriented healthcare groups. The company's two core
businesses in pharmaceuticals and diagnostics provide innovative
products and services that address prevention, diagnosis and treatment
of diseases, thus enhancing people's health and quality of life.
The two core businesses employ about 57,000 employees worldwide.
Roche's Diagnostics Division, the world leader in in-vitro diagnostics
with a uniquely broad product portfolio, supplies a wide array of
innovative testing products and services to researchers, physicians,
patients, hospitals and laboratories world-wide. For further information,
visit www.roche.com and www.roche-diagnostics.com.
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