DAEJEON, Jan. 10 - Bioneer Corporation (Kosdaq: 064550) today announced that
sold three MassARRAY(R) genetic analysis systems in the region during the fourth
quarter of 2006 including a sale to the world-class National Cancer Center of
the Republic of Korea..
In September 2006, Bioneer was named as the exclusive distributor and promoter
of Sequenom, Inc. (Nasdaq: SQNM) ‘s genetic analysis products for South Korea.
Bioneer also operates a core facility that provides contract services for human,
livestock, and agricultural applications throughout South Korea using Sequenom's
MassARRAY system and consumable products. Under its relationship with Sequenom,
Bioneer offers MassARRAY-based product and service solutions for fine mapping
genotyping, gene and biomarker discovery, validation, screening, DNA methylation
marker pattern analysis (epigenetic studies), and quantitative gene expression
analysis.
"These sales represent the increased demand we are seeing in South Korea for
fine mapping genetic analysis solutions and for life sciences research tools in
general," said Dr. Han-Oh Park, President and Chief Executive Officer of
Bioneer. "Sequenom's products and our service offerings provide compelling value
and are especially well suited for fine mapping genotyping, a market that is
emerging in South Korea as researchers complete their whole genome studies.
Sequenom's products are similarly attractive for DNA methylation pattern and
gene expression analysis projects being conducted by prominent cancer research
centers."
"We look forward to future sales growth in the South Korean market as we
continue to build our relationship with Bioneer," said Harry Stylli, Ph.D.,
President and Chief Executive Officer of Sequenom.
About Bioneer Corporation
Bioneer, established in 1992, has developed a broad range of proprietary
products that provide total genomic research solutions for life sciences
research including genomics, nucleic acid-based molecular diagnostics and gene
therapy studies. Bioneer has extensive R&D experience in developing new drugs,
use of siRNA and drug delivery systems, and provides unrivalled service and
support for such tools. Through the creation, development, and availability of
the S.pombe deletion mutant library, Bioneer provides innovative tools for
improving the development of new drugs. For example, this library predicts the
toxicity of chemical substances for anti-cancer, Hyperlipidemia and also
provides molecular level mechanism analysis of natural compound drugs. The
company is headquartered in South Korea with an oligonucleotide manufacturing
facility in the U.S., regional offices in Europe, and is supported by a network
of distributors throughout the world. For more information, please visit
www.bioneer.com.
Bioneer(R) is a trademark of Bioneer Corporation
About Sequenom
Sequenom is committed to providing the best genetic analysis products that
translate genomic science into superior solutions for biomedical research,
molecular medicine, agricultural applications, and non-invasive prenatal
testing. The Company's proprietary MassARRAY system is a high-performance DNA
analysis platform that efficiently and precisely measures the amount of genetic
target material and variations therein. The system is able to deliver reliable
and specific data from complex biological samples and from genetic target
material that is only available in trace amounts. The Company has exclusively
licensed intellectual property rights for the development and commercialization
of non-invasive prenatal genetic tests for use with the MassARRAY system and
other platforms.
Sequenom(R) and MassARRAY(R) are trademarks of Sequenom, Inc.
SOURCE Bioneer Corporation
01/10/2007
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