Affymetrix Signs First Translational Medicine Agreement in China; Zhejiang University to Use GeneChip(R) Microarray Technology t
September 18 2006 - 8:00AM
Business Wire
Affymetrix Inc. (Nasdaq:AFFX) and Zhejiang California Nanosystem
Institute (ZCNI) at Zhejiang University announced today that they
have entered into a collaboration to develop clinical applications
using GeneChip(R) technology. This is Affymetrix' first
translational medicine collaboration in China. Under terms of the
agreement, ZCNI researchers will use Affymetrix GeneChip microarray
technology for translational medicine research projects, beginning
with cancer, newborn genetic diseases and infectious diseases. In
addition, the two organizations are establishing a joint laboratory
that will support clinical researchers at Zhejiang University and
its six affiliated hospitals. The researchers will use Affymetrix
GeneChip technology to analyze genomic information across large
patient samples. The data will enable them to more rapidly discover
RNA and DNA patterns that can better classify, manage and treat
clinically important diseases. "We are excited about using the
Affymetrix GeneChip technology to explore the relationship between
genes and human health and to develop clinical applications to
improve healthcare in China," said Professor Jiaan Cheng, director
of ZCNI and former vice president of Research at Zhejiang
University. "This collaboration will enable us to develop a more
personalized form of medicine, which should help improve healthcare
in China and around the world." "As an alumnus and a former faculty
member of this distinguished University, I am very impressed by the
cutting-edge research that is taking place at the ZCNI and the
School of Medicine," said Wei Zhou, Ph.D. vice president,
Intellectual Property and Advanced Technology and China Country
Manager at Affymetrix. "With this translational medicine strategic
partnership and the joint laboratory, we hope to accelerate
clinical research and bring better healthcare to patients."
Affymetrix collaborates with academic institutions, advocacy groups
and the pharmaceutical and diagnostics community through its
Translational Medicine Program to develop molecular signatures for
improving patient care. Affymetrix GeneChip microarray technology
helps researchers to diagnose and tailor treatments for individual
patients by identifying and measuring the genetic information
associated with complex diseases. The Translational Medicine
Program complements the Powered by Affymetrix(TM) program, which
enables companies to license GeneChip technology to create
innovative, custom-designed microarray products based on signatures
such as those of our translational medicine partners. This
technology is already being used in many applications, including
diagnostics, forensics, animal, industrial and food testing. About
Zhejiang University Zhejiang University is one of the top
universities in China. The main campus is located near picturesque
West Lake, a famous tourist location. Zhejiang University
officially combined with Hangzhou University, Zhejiang Agriculture
University and Zhejiang Medical University (all located in the city
of Hangzhou) in the summer of 1998. The combined university is
called Zhejiang University, which is one of the largest in China.
Presently, 41,000 students attend the university, including more
than 24,000 undergraduates, 11,000 postgraduates working for
master's degrees and 6,000 Ph.D. candidates. More information about
Zhejiang University can be found at http://www.zju.edu.cn/. About
Zhejiang California Nanosystem Institute (ZCNI) Zhejiang California
International Nanosystem Institute (ZCNI) is a research and
technology innovation platform in China established on June, 2005.
It is a joint effort among Zhejiang Provincial Government, Zhejiang
University (ZJU), California NanoSystems Institute (CNSI). The
mission of the Institute is to accelerate the application of
nanotechnology in systems biology, medicine, material, information
technology, chemistry etc. ZCNI strives to become the catalyst of
the integration of academics and industry, the accelerator of the
development of Zhejiang science and technology and the new engine
of the evolution of Zhejiang society and economy. About Affymetrix
Affymetrix scientists invented the world's first high-density
microarray in 1989 and began selling the first commercial
microarray in 1994. Since then, Affymetrix GeneChip(R) technology
has become the industry standard in molecular biology research.
Affymetrix technology is used by the world's top pharmaceutical,
diagnostic and biotechnology companies as well as leading academic,
government and not-for-profit research institutes. More than 1,400
systems have been installed around the world and more than 7,000
peer-reviewed papers have been published using the technology.
Affymetrix' patented photolithographic manufacturing process
provides the most information capacity available today on an array,
enabling researchers to use a whole-genome approach to analyzing
the relationship between genetics and health. Affymetrix is
headquartered in Santa Clara, Calif., with manufacturing facilities
in Sacramento, Calif., and Bedford, Mass. The company maintains
important sales and marketing operations in Europe and Asia and has
about 1,100 employees worldwide. For more information about
Affymetrix, please visit the company's website at
www.affymetrix.com. All statements in this press release that are
not historical are "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act as amended, including
statements regarding Affymetrix' "expectations," "beliefs,"
"hopes," "intentions," "strategies," or the like. Such statements
are subject to risks and uncertainties that could cause actual
results to differ materially for Affymetrix from those projected,
including, but not limited to: risks and uncertainties associated
with the outcome of the collaboration with the Zhejiang California
Nanosystem Institute discussed in this press release; risks of the
Company's ability to achieve and sustain higher levels of revenue,
higher gross margins, reduced operating expenses; uncertainties
relating to technological approaches, manufacturing, product
development; personnel retention; uncertainties related to cost and
pricing of Affymetrix products; dependence on collaborative
partners; uncertainties relating to sole source suppliers;
uncertainties relating to FDA and other regulatory approvals;
competition; risks relating to intellectual property of others and
the uncertainties of patent protection and litigation. These and
other risk factors are discussed in Affymetrix' Form 10-K/A for the
year ended December 31, 2005, and other SEC reports, including its
Quarterly Reports on Form 10-Q for subsequent quarterly periods.
Affymetrix expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in Affymetrix'
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statements are based.
NOTE: Affymetrix, the Affymetrix logo, and GeneChip are registered
trademarks owned or used by Affymetrix Inc.
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