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Biotech / Medical : LJL Biosystems, Inc (LJLB)

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To: -Mad-Jon who wrote ()2/22/2000 9:23:00 AM
From: -Mad-Jon   of 90
 
SmithKline Beecham Using LJL BioSystems' First FLARe System to Screen Difficult Compounds

Successful Completion of Another Major Collaboration Milestone

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 22, 2000--LJL BioSystems, Inc. (Nasdaq:LJLB - news) today announced the successful completion of another milestone in their collaboration with SmithKline Beecham (NYSE:SB - news) with the acceptance and delivery of the first system utilizing LJL's FLARe(TM) (Fluorescence Lifetime Assay Repertoire) technology. The system is already in use for screening compound libraries that are difficult to screen by other fluorescence methodologies.

LJL's collaboration with SmithKline Beecham involves early access to LJL's advanced proprietary technologies for High Throughput Screening (HTS) and FLARe. FLARe is LJL's patented and patent pending instrumentation and reagent platform for addressing next generation solutions for critical drug discovery and genomics challenges.
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