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Biotech / Medical : Illumina (ILMN) Optics for Genomics
ILMN 120.38-1.7%2:04 PM EST

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To: Elmer who started this subject7/28/2004 1:02:27 AM
From: mopgcw   of 276
 
Illumina Notified of Patent Lawsuit
2004-07-27 21:29 (New York)

SAN DIEGO--(BUSINESS WIRE)--July 27, 2004--Illumina, Inc. (Nasdaq:ILMN) has
received notification that a lawsuit has been filed against the Company by
Affymetrix Inc. alleging infringement of six Affymetrix patents. The patents
were issued to Affymetrix between 1996 and 2003, and relate to various aspects
of arrays, software and hardware. The Company believes it has meritorious
defenses and plans to vigorously defend itself against these allegations.
"It is disappointing that Affymetrix has chosen to attempt to compete in the
courtroom rather than in the marketplace," stated Jay Flatley, Illumina
President and CEO. "We believe our next-generation BeadArray-based products
provide the highest combination of quality and price performance in the
industry and are being well received in the marketplace," added Flatley.
Illumina (www.illumina.com) is developing next-generation tools that permit
large-scale analysis of genetic variation and function. The Company's
proprietary BeadArray(TM) technology -- now used in leading genomics centers
around the world -- provides the throughput, cost effectiveness and flexibility
to enable researchers in the life sciences and pharmaceutical industries to
perform the billions of tests necessary to extract medically valuable
information from advances in genomics and proteomics. This information will
correlate genetic variation and gene function with particular disease states,
enhancing drug discovery, allowing diseases to be detected earlier and more
specifically, and permitting better choices of drugs for individual patients.
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