Perkin-Elmer's Tropix Laboratory Performs Record Number of Pharmaceutical Screening Assays Business Editors & Health/Medical Writers BEDFORD Mass.--(BW HealthWire)--Aug. 27, 1998-- 96,000 Complex, High-Throughput Tests Completed in 24-Hour Period Tropix, a subsidiary of Perkin-Elmer (NYSE:PKN) and a center of excellence of its PE Biosystems Division, has validated its Allegro(TM) automation platform from Zymark Corporation by performing 96,000 pharmaceutical screening assays within a 24-hour period. During a single day, Tropix processed a record 1,000 96-well format microplates performing an advanced 15-step assay designed to screen for pharmaceutical candidates that inhibit src kinase activity. Src is an important kinase implicated in oncogenesis events related to certain cancers. According to Dr. Irena Bronstein, president of Tropix, "We believe this is the first practical demonstration of what has been termed 'ultra high-throughput screening.' Many organizations engaged in drug discovery work have talked about performing pharmaceutical screening assays at this level of throughput, but only Tropix has delivered. In addition, we performed the work with real-time data acquisition and analysis." Dr. Michelle Palmer, Tropix's director of pharmaceutical services, said, "Performing this number of kinase assays in 24-hours would have previously required nearly 15 conventional high-throughput robotic screening systems, or taken 15 times as long. The throughput capability we possess enables us to perform screens extremely quickly, providing our customers with many benefits beyond speed. One such benefit is maintaining assay performance during a screen which requires reagents that are only stable for short periods of time." Tropix expects to further increase its laboratory throughput when the Allegro system is expanded to handle up to 400,000 assays per day. The src kinase assay in this screen was designed under Tropix's Xtreme Screen(TM) program, utilizing the Company's proprietary adamantyl- dioxetane luminescence technology, which enables detection of biological substances at extremely low levels. The Xtreme Screen(TM) program offers pharmaceutical customers high throughput drug discovery-screening services employing high-performance assays using the Company's technology. The sensitive kinase assays performed to reach this milestone were measured using two robotics-capable Tropix TR717(TM) microplate luminometers integrated into the Allegro(TM) automation platform. Zymark Corporation, based in Hopkinton, Massachusetts, developed the Allegro(TM) automation platform as part of a collaboration with Tropix. Kevin Hrusovsky, Zymark's president and chief executive officer, said, "We're very proud to have played a role in Tropix's achievement of a thousand plates in one day. The Allegro(TM) platform is one of several key technologies we have developed over the past 18 months to fundamentally boost the speed and enhance the effectiveness of drug discovery. The quick success of the Tropix installation reinforces Zymark's commitment to deliver 'real results now'." Tropix, located in Bedford, Massachusetts, is a world leader in the development, manufacture, and sale of chemiluminescence detection technology for the life sciences. The Company's Xtreme Screen(TM) program provides a three-tiered approach to delivering advanced chemiluminescent screening technologies. First, it provides proprietary chemiluminescent dioxetane screening reagents to meet the stringent demands of yielding high quality data across a wide range of assay types in a single platform at extreme throughput levels in a cost-effective manner. Second, it rapidly develops custom screening assays for deployment on screening systems at the user's site. Third, it offers a complete service to perform advanced screens at rates of 100,000 samples per day with in-house or customer-supplied libraries, bringing extremely rapid turnaround on large or small screening projects. The combination of the three elements significantly contributes to accelerating the drug discovery timelines of pharmaceutical company clients. The Perkin-Elmer Corporation is a leading supplier of systems for life science research and related applications. It develops, manufactures, and markets life science systems and analytical instruments used in markets such as pharmaceuticals, biotechnology, forensics, environmental testing, food, agriculture, and chemical manufacturing. Headquartered in Connecticut, Perkin-Elmer had revenues of approximately $1.5 billion in fiscal 1998 and employs more than 6,500 people worldwide. Information about Tropix is available on the World Wide Web at tropix.com. Information about Perkin- Elmer is available on the World Wide Web at perkin- elmer.com or by phoning (800) 762-6923. Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe," "expect," "anticipate," "should," "planned," "estimated," and "potential," among others. These forward-looking statements are based on the Company's current expectations. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. The risks and uncertainties that may affect the operations, performance, development, and results of the Company's businesses include but are not limited to (1) complexity and uncertainty regarding the development of new high-technology products; (2) loss of market share through competition; (3) introduction of competing products or technologies by other companies; (4) pricing pressures from competitors and/or customers; (5) changes in the life science or analytical instrument industries; (6) changes in the pharmaceutical, environmental, research, or chemical markets; (7) variable government funding in key geographical regions; (8) the Company's ability to protect proprietary information and technology or to obtain necessary licenses on commercially reasonable terms; (9) the loss of key employees; (10) fluctuations in foreign currency exchange rates; (11) the development of new sequencing strategies and the commercialization of information derived from sequencing operations; and (12) other factors that might be described from time to time in Perkin-Elmer's filings with the Securities and Exchange Commission. |