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SomaLogic, Novartis Ink Research Agreement

NEW YORK (GenomeWeb News) – SomaLogic said Tuesday that it has signed a multi-year research agreement with Novartis, under which the drug firm will use SomaLogics' proteomics technology to accelerate its drug discovery and development efforts.

Larry Gold, CEO of Boulder, Colo.-based SomaLogic, said in a statement that the alliance will help Novartis "define robust biomarkers, validate novel drug targets, and even develop companion clinical diagnostics."

At the heart of SomaLogic's proteomics platform is its SomaMers, which are specific protein binding reagents based on chemically modified aptamers that are used in biomarker discovery and development.

Terms of the agreement were not disclosed.

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