Biosite, Compugen Collaboration Includes More Biomarkers
Biosite will have increased access to Compugen’s inventory of diagnostic biomarkers and new access to its immunoassay biomarkers under an agreement announced this week. The deal also expands a prior collaboration between the two companies to include cardiovascular, oncology, and other diagnostic areas, they said in a statement.
Under the agreement, Compugen will receive milestone payments and royalties from the sales of products resulting from the collaboration. The exclusive rights to the therapeutic applications of both the targets and associated antibodies remain with Compugen.
Other financial terms of the deal were not disclosed.
Biosite also announced this week that McKesson will be distributing its products, joining Physician Sales and Service, Henry Schein/Caligor, and the Fisher Healthcare Division of Thermo Fisher Scientific.
Biosite’s lead product is its Triage BNP heart disease test. Financial details of the deal were not disclosed.
Potomac Affinity, U. of Md., Get $105K to Purify Proteins
Potomac Affinity Proteins and the University of Maryland Biotechnology Institute received $105,000 as part of $5.2 million given to private companies and researchers from the University of Maryland to develop high-tech commercial products.
Potomac Affinity, based in North Potomac, Md., will use the funding to optimize and refine its protein purification system. The system, the university said, “accelerates and simplifies the process of accurately purifying proteins for drug discovery and development.”
A total of 28 new research projects will be funded with the $5.2 million.
Waters’ Wins Pittcon Gold for Synapt HDMS, Thermo Fisher Takes Silver
Waters’ Synapt High Definition Mass Spectrometer system won the 2007 Pitttcon Editors’ Gold award for best new product. The instrument, launched in June at the American Society for Mass Spectrometry conference, features the company’s Triwave technology, which separates ions based on their sizes and shapes. In 2004, Waters won the award for its Acquity UPLC.
Thermo Fisher Scientific was awarded the Silver award for its LTQ XL linear ion trap mass spec with electron transfer dissociation capability.