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Olympus, Cangen to Co-develop Hybrid DNA/Protein Microarray-based Test for Lung Cancer

NEW YORK, May 25 (GenomeWeb News) - Cangen Biotechnologies and Olympus plan to co-develop a hybrid DNA- and protein-based diagnostic that can detect early-stage lung cancer, the firms said today.

 

The alliance will provide Cangen access to Olympus' microarray technology to enable the DNA-based portion of the test. Terms also call for Olympus to "refine" and "further develop" its microarray technology to help Cangen develop the hybrid test. Technical details were not disclosed.

 

"This collaboration complements development efforts for our microarray technology and affords us the opportunity to commercialize that technology," Hiroyuki Yoshimori, division manager of Biomedical Business Incubation Division in Olympus, said in a statement.
 
Financial terms were not released.

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