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Celera Diagnostics and Merck Collaborate on Alzheimer s Studies

NEW YORK, July 28 (GenomeWeb News) - Celera Diagnostics said today that it has entered into an agreement with Merck to identify novel targets for drug discovery and diagnostic markers related to Alzheimer's disease.

 

Celera Diagnostics, a joint venture of Celera Genomics and Applied Biosystems, will conduct a functional genome scan to identify novel gene associations with Alzheimer's. Merck will receive rights for therapeutic applications, while Celera Diagnostics will retain the rights to diagnostic applications, Celera said.

 

Merck will also fund discovery research at Celera Diagnostics related to the project, and will make clinical milestone payments and pay a royalty on sales of potential commercial pharmaceutical products.

The Scan

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