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Somalogic

A number of prominent proteomics-based diagnostics developers were recipients of the grant and tax credit awards, which are being provided by the IRS through the Patient Protection and Affordable Care Act's Qualifying Therapeutic Discovery Project Program.

The validation trials will each involve on the order of 400 patients and should be completed within a year, said a company official.

The agreement with NEC, which has purchased an equity stake in the company, is part of its plan to expand beyond its traditional focus on biomarker discovery and diagnostics development to become a "health information company" that can "provide actionable medical information to patients, physicians, and researchers," said an official.

The firms are building on a collaboration from last year, under which they unraveled the first X-ray structure of a DNA aptamer bound to its protein target.

NEC also is making an equity investment in SomaLogic, which is developing molecular diagnostics based on aptamers.

The two studies, published in Nature Precedings, are part of an effort by the Boulder, Colo.-based firm to gain more attention for the role its technology platform can play in diagnostics development.

IP Roundup: May 3, 2010

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SomaLogic, Sony, Advanced Cell Diagnostics, Samsung Electronics, Penn State Research Foundation, Lawrence Livermore National Laboratory, the United States of America

The company, which has spent nine years developing its aptamer technology, is now on the cusp of launching a lung cancer diagnostic.

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At a meeting this week, researchers and others discussed the regulatory oversight needed for germline genome editing.

The US Food and Drug Administration has asked questions about Myriad Genetics' GeneSight test, according to Bloomberg.

Researchers report that neutrophil extracellular traps appear to binds gallstones together, according to New Scientist.

In Science this week: approach to infer genotype-by-environment interaction from genetic variants associated with phenotypic variability, and more.