NEW YORK (GenomeWeb News) – Swift Biosciences announced today a licensing deal with Vela Operations for the rights to Swift's myT Primer Technology.

The terms of the agreement give Vela Diagnostics the non-exclusive rights to use Swift's technology in Vela's real-time quantitative PCR-based IVD products for detecting somatic mutations in human cancer. Vela will seek regulatory approval for the assay kits globally and Swift will develop myT Primers for research-use only applications.

Further terms of the deal were not disclosed.

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