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Genomics One, Mirador to Jointly Develop New PCR Kit

NEW YORK, Dec 4 - Genomics One said Monday it had signed a research and development agreemetn to develop a PCR cloning kit with Mirador DNA Design.

Genomics One has already designed the new kit, using its patented TrueBlue technology. Under the terms of the deal, Mirador will lend its expertise in product development and kit formatting, in order to make the product more competitive.

Genomics One said it expected to release the TrueBlue kit in early 2001. The company estimated that the annual worldwide market for PCR cloning kits is about $24 million.

Genomics One is also planning to apply its propriety TrueBlue technology towards the development of a variety of other DNA cloning kits.

Mirador DNA Design and Genomics One are both Canadian companies.

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