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Biotech / Medical : Biotechnology Value Fund, L.P.
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To: Mike McFarland who wrote (485)3/8/1999 1:42:00 PM
From: John StarksRead Replies (2) of 4974
 
Thanks for the conference link. Interesting stuff. I think that the "novel hybridization technology" mentioned in the abstract might be Hyseq's. Found this on the Hyseq page (hyseq.com)

"In May 1997, Hyseq entered into a collaboration with Chiron in which Hyseq's Gene Discovery program is identifying genes related to solid tumor (cancer) formation. The focus of the collaboration between Hyseq and Chiron is to develop therapeutics, diagnostics and vaccines for solid tumor cancer. Hyseq will receive milestones and royalties on such products. Chiron also has an equity investment in Hyseq. As of
December 1998, patent applications on over 6,300 gene discoveries from the collaboration have been filed, validating the approach and commercial power of Hyseq's Gene Discovery program."

I am still hopeful about HYSQ and it was good to see that they presented at the conference. If their patent holds up on seq. by hybridization I think it offers them a unique niche to compete with INCY and AFFX. Plus, I think pharmacogenomic applications in the near future will be vast enough to sustain smaller companies. This is especially true with the development of specialized chips based on novel sequences pulled out by the company itself. I have tried to get some answers about the AFFX suit from them but I am still waiting for a response. Not a great sign. I'll post the response when I get it.
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