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Exiqon Licenses LNA to Phoenix BioTechnologies

May 20, 2003

NEW YORK, May 20 - Exiqon has non-exclusively licensed its Locked Nucleic Acids technology to Phoenix BioTechnologies, of Huntsville, Ala.

 

Under the agreement, Phoenix BioTechnologies will acquires the "recipe" for making LNA, and has the has the rights to manufacture and sell LNA oligonucleotides to the research market. The companies did not disclose the financial terms of the agreement.

 

LNA is LNA is a proprietary nucleic acid analog, which is incorporated in synthetic DNA oligos to enhance sensitivity in genomics products.

 

Exiqon, of Copenhagen, has also licensed this technology to DNAPrint of Sarasota, and Eurogentec of Sart-Tilman, Belgium.

 

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