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Biotech / Medical : AFFYMETRIX (AFFX) -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (1566)7/11/2002 9:52:28 PM
From: mopgcw  Read Replies (1) | Respond to of 1728
 
Affymetrix Signs GeneChip EasyAccess Pact With Immunex

DOW JONES NEWSWIRES

SANTA CLARA, Calif. -- Affymetrix Inc. (AFFX) agreed to allow Immunex Corp. (IMNX) broad access to its standard and custom GeneChip arrays, instrumentation and software.

An Affymetrix spokesperson wasn't immediately available to provide further details.

In a press release Wednesday, Affymetrix said the EasyAccess Silver agreement will help Immunex monitor gene expression for use in biopharmaceutical research and development activities.

Affymetrix' GeneChip technology is used by researchers to acquire, interpret and manage complex genetic information from applications including sequence analysis, genotyping and gene expression monitoring.

Shares of Affymetrix closed Wednesday at $15.37, down $1.63, or 9.6%, on Nasdaq volume of 2.3 million shares. Average daily volume is 1.4 million shares.