SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Incyte (INCY) -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (1103)8/9/1999 11:48:00 AM
From: LLCF  Respond to of 3202
 
This looks interesting:

Cellomics Launches Cell-Based Drug Discovery Platform,
ArrayScan II, for General Sale

System Designed to Identify Highly Qualified Drug Candidates
Earlier in the Drug Discovery Process -

August 2, 1999

Pittsburgh, PA -- Cellomics™ , Inc. today announced the release of their
proprietary, cell-based drug discovery platform, ArrayScan™ II for general sale.
ArrayScan II was designed for "High Content Screening" (HCS), an approach to drug
discovery that generates information-rich data regarding the effects of potential new
drugs on various aspects of one or several cellular targets. ArrayScan II automatically
measures detailed cellular responses so that highly qualified drug leads can be rapidly
identified.

The ArrayScan II was developed in collaboration with early pharmaceutical alliance
partners over the last two years and was designed to shorten the time and decrease
the cost to develop successful therapeutic candidates. ArrayScan II uses multicolor
fluorescence-based reagents to follow and quantify the activity of components in living
cells. Changes in marked (fluorescently labeled) cellular components over space and
time are automatically analyzed using sophisticated image-based algorithms. The
ArrayScan instrument can be purchased separately or can be integrated into a
full-spectrum lead optimization program that includes assay development, "HitKit™"
reagents, cell supply agreements, information management tools, and the Cellomics™
Database.

The main advantage of ArrayScan II over other cell-based drug discovery methods is
that ArrayScan provides more detailed and relevant information about the effects of
compounds on a broad range of cellular properties. ArrayScan II permits the
measurement of responses on, in, and even between cells with spatial resolution.
Traditional cell-based screening systems measure an average response of a population
of cells contained in each well of a microplate. "However ArrayScan II analyzes
multiple parameters of each cell within a well individually and simultaneously,"
explained Michael A. Nemzek, Senior Vice President of Sales and Marketing at
Cellomics. "Thus the ArrayScan II system provides tremendous benefits in many areas
including target validation, drug candidate optimization, and early predictive
toxicology."

Another unique aspect of the ArrayScan II is that it can automatically place the raw
data in a computer database for further data mining. The ArrayScan II is the first in a
growing list of products that will accelerate the flow from generating sophisticated
data, extracting new information, and creating new knowledge about the role of targets
in cell function and the molecular basis of the interaction of compounds with cells.
Cellomics is rapidly becoming the leader in producing a complete array of tools that
will unlock the secrets of the new frontier of the cell in drug discovery.

Cellomics™, Inc., a privately held corporation founded in October 1996, is focused
on cell-based drug discovery. Cellomics' mission is to be the leader in generating high
biological content data, information, and knowledge from cells using the integration of
novel fluorescence-based biosensors, automated platforms, and cellular bioinformatics
for faster and more effective drug discovery. The company has received financing from
Interwest Partners, Axiom Venture Partners, Delphi Ventures, and Oxford Bioscience
Partners. Cellomics additionally has an alliance with Carl Zeiss Jena GmbH, the
world's leader in optical instrumentation and automation.

This release is also posted at noonanrusso.com.

For further information contact:
Cellomics, Inc.
Michael A. Nemzek
Senior Vice President, Sales and Marketing
635 William Pitt Way
Pittsburgh, PA 15238
Telephone: (412) 826-3600, x2677
E-mail: mnemzek@cellomics.com
Noonan/Russo Communications
Anjani Shah, Ph.D.
Telephone: (212) 696-4455, x 340
E-mail: a.shah@noonanrusso.com



DAK



To: LLCF who wrote (1103)8/9/1999 2:48:00 PM
From: JF Quinnelly  Read Replies (1) | Respond to of 3202
 
I like that too, even if it is Incyte saying it.

Apparently those who have been saying that there will be no future value in private database companies like INCY forgot to inform Rhone-Poulenc-Rorer.