Sentigen Announces Issuance of Patent
June 14 2006 - 1:19PM
Business Wire
SENTIGEN HOLDING CORP. (Nasdaq: SGHL) today announced the issuance
of U.S. Patent No. 7,045,281 entitled "Method for Using Division
Arrested Cells in Screening Assays," covering the generation and
application of Division Arrested Assay Ready Cells(TM) in drug
discovery. This technology was developed by Sentigen Holding
Corp.'s wholly-owned subsidiary, Cell & Molecular Technologies
Inc., to improve the quality and consistency of cellular assays
used in drug screening. The use of Division Arrested Assay Ready
Cells(TM) has been demonstrated in GPCR assays, ion channel assays,
receptor tyrosine kinase assays, reporter assays, high content
imaging assays, and cell apoptosis assays, and has been the subject
of a number of recent peer reviewed scientific journal articles.
"This patent clearly demonstrates the company's strategic
commitment to scientists engaged in cell-based drug discovery by
providing an 'off the shelf' source of consistent high quality
cells," said Sentigen Holding Corp. CEO Thomas Livelli. "We believe
Division Arrested Assay Ready Cells(TM) have the potential to
broadly impact cell-based drug discovery by turning cells into
validated reagents and the company plans to aggressively promote
their use." Division Arrested Assay Ready Cells(TM) are designed to
reduce the need of our clients to engage in costly ongoing cell
culture operations to support cell-based drug discovery,
effectively uncoupling the process of cell production from drug
screening. The company has produced Division Arrested Assay Ready
Cells(TM) using a wide variety of cell types for a limited number
of clients in the pharmaceutical and biotechnology industries, as
well as drug discovery technology platform companies. The
consistency, robustness, and durability of division arrested cells
could enable the company to provide global drug discovery clients a
consistent source of cells from a central location. The company has
filed and anticipates filing further patent applications both
domestically and abroad related to division arrest technology.
Forward Looking Statements This news release includes
forward-looking statements that involve risks and uncertainties.
Although the Company believes such statements are reasonable, it
can make no assurance that such statements will prove to be
correct. Such statements are subject to certain factors that may
cause results to differ materially from the forward-looking
statements. Such factors include the risk factors discussed in the
Company's filings with the Securities and Exchange Commission,
including its most recent Annual Report on Form 10-K, a copy of
which may be obtained from the Company without charge. Although we
have completed several evaluation agreements and entered into
several cell supply agreements, at this point no significant
revenues have been realized from our Division Arrested Assay Ready
Cells(TM) and no assurance can be given that this technology will
gain broad acceptance in the marketplace. The Company undertakes no
obligation to publicly release results of any of these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unexpected results.
About Sentigen Sentigen Holding Corp. conducts business through two
wholly-owned operating subsidiaries: Cell & Molecular
Technologies, Inc. and Sentigen Biosciences, Inc. For more
information on our companies, please visit their respective
websites: www.cmt-inc.net and www.sentigen.com.
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