Orchid and PE Biosystems Establish Licensing Agreement For Orchid's SNP-IT(TM) Primer Extension Technology
07/07/00
PRINCETON, N.J., July 7 /PRNewswire/ -- Orchid BioSciences, Inc. (Nasdaq: ORCH) today announced that it has granted a non-exclusive license to PE Biosystems (NYSE: PEB), a PE Corporation business, to use Orchid's patented SNP-IT(TM) single base primer extension technology for single nucleotide polymorphism (SNP) analysis in PE Biosystems' ABI PRISM(R) reagent kits, including SNaPshot(TM) ddNTP Primer Extension kits. Under the terms of the agreement, PE Biosystems will produce and market kits that are licensed under U.S. patents 5,888,819 and 6,004,744, which are owned by Orchid and cover Orchid's SNP-IT technology for performing SNP analyses. Terms of the deal were not disclosed. |