17.07.2007 12:00:00
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Affymetrix and Children's Research Institute Form Five-year Strategic Alliance
Affymetrix Inc. (Nasdaq:AFFX) and Children’s
Research Institute, a not-for-profit medical research member
organization of Children’s Hospital and Health
System affiliated with Medical College of Wisconsin, announced today
that they have entered into a five-year strategic alliance. The alliance
will help Children’s Research Institute build
processing capacity over the next five years to analyze up to 25,000
samples using several different Affymetrix arrays.
The goal of the alliance is to demonstrate the clinical utility of
array-based molecular diagnostics, and to leverage arrays to make
molecular diagnostic tests better, faster and more economical.
Scientists at Children’s Research Institute
will use Affymetrix GeneChip®
microarray technology to analyze the genomic information of consenting
patients. The large-scale clinical studies are designed to enable
researchers to better identify the genetic variations associated with
common, complex diseases that affect children. The resulting information
will be used to develop novel diagnostics and screening tests to help
clinicians and families make more informed decisions.
"The primary objective of Children’s
Research Institute is to bring together the best in cutting-edge medical
research with the best in established medical treatment for children,”
said Robert Kliegman, M.D., executive vice president of Children’s
Research Institute.
"We are excited to work together with
Affymetrix, as its technology platform for highest-throughput genotyping
is critical for our goal of identifying genes and markers for common
diseases,” said Ulrich Broeckel, M.D.,
leading investigator in the Individualized Medicine Institute at Children’s
Research Institute.
"The Children’s
Research Institute is one of the premier pediatric genetic research
facilities in the United States,” said Fred
Pollock, director of translational medicine and strategic alliances at
Affymetrix. "We are excited about moving
forward with this strategic alliance that is designed to accelerate the
development of new personalized treatments and tests targeted at the
more common diseases affecting our children.”
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 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™ 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 Program partners. This technology is already
being used in many applications, including diagnostics, forensics,
animal, industrial and food testing.
About Children’s Research Institute
Children’s Research Institute advances
state-of-the-art pediatric healthcare practice through dedicated
laboratory and clinical research. The institute focuses solely on
initiatives that promise to provide discoveries leading to new answers
and improved solutions to children’s unmet
healthcare needs. Children’s Research
Institute is affiliated with Children’s
Hospital of Wisconsin and is a member of Children’s
Hospital and Health System. Children’s
Hospital and Health System is able to fulfill its mission thanks in part
to philanthropic gifts and support from members of the community. For
more information, please visit the website at www.chw.org/research.
About Affymetrix
Affymetrix GeneChip® microarray
technology is the industry-standard tool for analyzing complex genetic
information. After inventing microarray technology in the late 1980s,
Affymetrix scientists have been dedicated to developing innovative
products that provide researchers with a more complete view of the
genome. These products continue to accelerate genetic research and
enable scientists to develop diagnostics and tailor treatments for
individual patients by identifying and measuring the genetic information
associated with complex diseases.
Today, 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 1,500 systems have been shipped around the world and more than
8,500 peer-reviewed papers have been published using the technology.
Affymetrix is headquartered in Santa Clara, Calif., and has
manufacturing facilities in Sacramento, Calif., and Singapore. The
company has about 1,100 employees worldwide and maintains sales and
distribution operations across Europe and Asia. For more information
about Affymetrix, please visit the company’s
website at www.affymetrix.com.
Forward-looking Statements
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 agreement with Children’s
Research Institute discussed in this press release; risks of the company’s
ability to achieve and sustain higher levels of revenue, higher gross
margins and reduced operating expenses; uncertainties relating to
technological approaches, manufacturing and 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 for the year ended December 31, 2006, 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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