Published: July 20, 2010
SDIX Collaborates with Banyan Biomarkers in Work to Detect Traumatic Brain Injury
NEWARK, Del. - (BUSINESS WIRE) - SDIX
(Strategic Diagnostics Inc. d/b/a SDIX, NASDAQ: SDIX), today announced a
multi-year collaboration with Banyan Biomarkers, Inc. to provide
products and services for Banyan's biomarker discovery work in the
detection of traumatic brain injury (TBI).
The partnership calls for SDIX to collaborate with Banyan on the
development of antibodies and immuno-solutions that include:
-
custom monoclonal and polyclonal antibody development
-
cell line banking and cryostorage
-
antibody production and purification - in vivo and in vitro
Dr. Walid Qoronfleh, SDIX Executive Director, Life Sciences, said, "We
look forward to working with Banyan Biomarkers as they continue their
breakthrough work addressing the unmet clinical needs for detecting TBI.
We believe our twenty years of experience in providing immuno-solutions;
from antibody to assay development, as well as our in vitro
diagnostics expertise make SDIX a valuable partner for companies like
Banyan."
Mr. Fran DiNuzzo, SDIX President and CEO said, "We appreciate the
opportunity to collaborate on this critical biomarker project with
Banyan to help save and improve the lives of patients with brain
injuries, including the potential of helping the brave men and women
serving in our armed forces."
"We look forward to working with SDIX on the development of antibodies
and immuno-solutions," stated Jackson Streeter, MD, CEO of Banyan
Biomarkers. "This is an important step in the discovery of diagnostics
and treatments for TBI and other neurological disorders."
According to the Centers for Disease Control (CDC), at least 1.7 million
suffer a traumatic brain injury (TBI) in the United States annually.
That's more than the number diagnosed with the top five cancers combined
according to National Cancer Institute (NCI) statistics. Of those
individuals, about 52,000 die, 275,000 are hospitalized, and 1.365
million are treated and released from an emergency department. The
International Brain Injury Association (www.internationalbrain.org)
reports 5.3 million Americans are living today with disabilities related
to TBI.
About Banyan Biomarkers (www.banyanbio.com)
Banyan Biomarkers is the leader in developing in vitro diagnostic
products to address unmet clinical needs for the detection of traumatic
brain injury. The Company is focused on developing a simple
point-of-care blood test that will be used by physicians to detect the
presence and severity of brain trauma and improve the medical management
of head injured patients. Banyan Biomarkers has a licensing agreement
with the University of Florida for exclusive global use of technology
related to this product. To learn more visit http://www.banyanbio.com.
About SDIX (www.sdix.com)
SDIX is a biotechnology company, expert at creating advantage by
providing a broad range of quality, innovative and effective
immuno-solutions to the pharmaceutical, biotechnology, diagnostics, and
food safety markets. For nearly 20 years, SDIX has developed antibodies
and reagents which advance its customers' immuno-based work - reducing
time, labor, and costs while increasing accuracy and reliability of
results.
SDIX offers a full suite of integrated immuno-solution capabilities
including assay design, development, and production. In life science
markets, SDIX capabilities are being used to help discover the
mechanisms of disease, facilitate the development of new drugs, and
provide mechanisms for rapid diagnosis.
This news release may contain forward-looking statements reflecting
SDIX's current expectations. When used in this press release, words like
"anticipate" , "could" , "enable" , "estimate" , "intend" , "expect" ,
"believe" , "potential" , "will" , "should" , "project" , "plan" and similar
expressions as they relate to SDIX are intended to identify said
forward-looking statements. Investors are cautioned that all
forward-looking statements involve risks and uncertainties, which may
cause actual results to differ from those anticipated by SDIX at this
time. Such risks and uncertainties include, without limitation, changes
in demand for products, the application of our technologies to various
uses, delays in product development, delays in market acceptance of new
products, retention of customers and employees, adequate supply of raw
materials, inability to obtain or delays in obtaining fourth party or
required government approvals, the ability to meet increased market
demand, competition, protection of intellectual property,
non-infringement of intellectual property, seasonality, and other
factors more fully described in SDIX's public filings with the U.S.
Securities and Exchange Commission.

SDIX
M. Walid Qoronfleh, PhD., MBA
302-456-6789
wqoronfleh@sdix.com
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