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


To: Jay Brandes who wrote (745)6/30/1998 9:42:00 PM
From: JF Quinnelly  Respond to of 1728
 
"Now Motorola and Packard will contribute a total of $19 million over the
next five years to develop instrumentation and mass-production techniques
for the technology. In return, Motorola and Packard will get the licensing
rights to the 19 inventions that Argonne developed in conjunction with the
research.

The market could be big, but the path to profits is not totally clear.

One major competitor in the biochip arena, California-based Affymetrix
Inc., said that the the technology the Argonne group claims to have
pioneered may in fact infringe on Affymetrix patents.

Affymetrix's senior vice president and general counsel, Vern Norviel, said
his company has 14 patents that have been granted but not yet published.
So, he said, he finds it hard to believe the Argonne group knows for
certain that its process is a breakthrough.

Istavan said there are major differences between his group's biochip and
Affymetrix's. The new chip, he said, analyzes longer strands of genetic
material and can do so in three dimensions."