Published:
QIAGEN and Center for Molecular Medicine Create Research Collaboration for Molecular Diagnostic Markers for Breast Cancer, Other Women's Health Issues
VENLO,Netherlands andGRAND RAPIDS, Mich., Feb. 14 /PRNewswire/ -- The
Center for Molecular Medicine (CMM) today announced the formation of a
collaborative effort with its affiliates and QIAGEN NV (Nasdaq: QGEN;
Frankfurt, Prime Standard: QIA) to support research focused on discovering
molecular biomarkers capable of helping diagnose breast cancer and other
women's health issues. Financial terms of the agreement were not disclosed.
At the center of the collaboration is the CMM's access to clinical
samples, its molecular analysis capabilities as well as XenoBase, a one-of-a-
kind software and database system developed at the Van Andel Research
Institute. This specialized bio-informatic system is capable of analyzing a
wide range of molecular and conventional clinical data to help researchers
identify clinically actionable associations between diseases, biomarkers and
treatments. XenoBase is the result of more than five years of work by Craig
Webb, Ph.D. and Jeremy Miller, Ph.D., of the Van Andel Research Institute, a
co-founding joint venture partner of CMM. Based on the result of QIAGEN's
initial research, the CMM may also provide laboratory-based genomics and
proteomics services to assist QIAGEN in the development and validation of new
molecular diagnostic tests.
QIAGEN is a leading global provider of genetic sample and assay
technologies, with 30 locations and more than 2,600 employees worldwide and a
sales runrate of more than $800 million in 2008.Grand Rapids, Mich.-based CMM
(www.cmmdx.org) is a CLIA-certified, CAP-accredited, state-of-the-art clinical
diagnostics laboratory, founded early in 2007. The CMM's unique capabilities,
including XenoBase access, on-site microarray-based DNA typing and gene
expression profiling, played a vital role in bringing QIAGEN to West Michigan,
as did the capabilities of CMM joint venture partners the Van Andel Institute
and Spectrum Health.
"CMM is pleased that QIAGEN, a global leader in molecular diagnostics
recognizes the value of software-driven biomarker research and how advanced
the resources in West Michigan truly are in this rapidly emerging field," said
Daniel H. Farkas, PhD, Executive Director of CMM. "The speed and analytical
depth of XenoBase coupled with the CMM's access to clinical samples can give
QIAGEN a competitive advantage in the development of new molecular diagnostic
tests, especially in the field of oncology. The CMM is pleased to be the focal
point for a West Michigan/QIAGEN partnership and is ready to support the
genomic- and proteomic-based laboratory work that will surely follow."
We are impressed by the capabilities that CMM has assembled and the
commitment of CMM and its supporters. We look forward to working with this
prestigious center to develop next-generation molecular markers for our long-
term pipeline," said Dr. Joachim Schorr, Senior VP of Global Research and
Development, QIAGEN.
"We are delighted to enter into an agreement with QIAGEN to demonstrate
the efficiency of the XenoBase technology in creating predictive algorithms
for molecular diagnostic applications," said Craig Webb, PhD, Director of the
Program of Translational Medicine at the Van Andel Institute. "The
relationship between CMM and QIAGEN hopefully represents the beginnings of a
molecular diagnostic pipeline that can establish an accelerated means to
introduce biomarkers into medical practice."
About QIAGEN:
QIAGEN N.V., aNetherlands holding company is the leading provider of
innovative sample and assay technologies and products. QIAGEN's products are
considered standards in areas such pre-analytical sample preparation and assay
solutions in research for life sciences, applied testing and molecular
diagnostics. QIAGEN has developed a comprehensive portfolio of more than 500
proprietary, consumable products and automated solutions for sample
collection, nucleic acid and protein handling, separation, and purification
and open and target specific assays. The company's products are sold to
academic research markets, to leading pharmaceutical and biotechnology
companies, to applied testing customers (such as in forensics, veterinary,
biodefense and industrial applications) as well as to molecular diagnostics
laboratories. QIAGEN employs more than 2,600 people worldwide. QIAGEN products
are sold through a dedicated sales force and a global network of distributors
in more than 40 countries. In this press release QIAGEN is using the term
molecular diagnostics. Further information about QIAGEN can be found at
www.qiagen.com.
About CMM:
The Center for Molecular Medicine, a joint venture betweenGrand Rapids,
Mich.-based Spectrum Health and Van Andel Institute (VAI), brings West
Michigan a cutting-edge laboratory that will aid in early diagnoses and
enhance personalized medicine. It offers 21st century molecular technologies
for investigation of complex diseases like cancer, heart disease, mental
illness and other conditions at the DNA, RNA and protein levels. The Center
brings new and increased opportunities for diagnostics and pharmaceutical
companies to conduct trials in a world-class medical and clinical research
environment. For more information, visit www.cmmdx.org.
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, nucleic acid-based molecular diagnostics
market, and genetic vaccination and gene therapy markets, 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 acquisitions of 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).
SOURCE Center for Molecular Medicine
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