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CombiMatrix, Furuno Sign Microarray Synthesizer Development Deal

NEW YORK, Aug. 9 (GenomeWeb News) - CombiMatrix said today that it has entered into a multi-year strategic alliance with Furuno Electric to design, engineer, and build CombiMatrix's Bench-Top DNA Microarray Synthesizer for its CustomArray microarrays.

 

Under the deal, Hyogo, Japan-based Furuno will pay CombiMatrix an initial fee of $1 million, as well as development and milestones payments. CombiMatrix and Furuno will co-develop a commercial Bench-Top Synthesizer instrument that will synthesize DNA microarrays at core facilities, pharmaceutical and biotech research sites, and academic microarray centers, said CombiMatrix.

 

Additional terms of the arrangement were not disclosed.

 

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