Bio-Rad Signs Second Collaboration Agreement with Caliper
October 25 2005 - 8:01AM
PR Newswire (US)
Companies to Investigate Development of Another Novel Microfluidic
System HERCULES, Calif. and HOPKINTON, Mass., Oct. 25
/PRNewswire-FirstCall/ -- Bio-Rad Laboratories, Inc. (Amex: BIO;
BIOb) and Caliper Life Sciences, Inc. (NASDAQ:CALP) today announced
a new collaboration, under which the companies will study the
feasibility of developing a new microfluidics system platform.
Details of the new product concept are not being disclosed at this
time. The two companies' previous collaboration, initiated in
mid-2003, resulted in the successful launch of a new
microfluidics-based electrophoresis product, Experion, in the fall
of 2004. "The success we've enjoyed with the Experion(TM) Automated
Electrophoresis System has confirmed our belief that microfluidics
is a key strategic technology," commented Norman Schwartz,
president and CEO at Bio-Rad. "After our first positive experience
collaborating with Caliper, we are looking forward to this next
collaboration where we will pursue new ideas regarding LabChip
microfluidics as the foundation for innovative new products." Kevin
Hrusovsky, Caliper's president and CEO, also commented, "Bio-Rad is
a model partner for our 'Caliper Driven' program, under which we
enable life science companies like Bio-Rad to tap into our
innovative technologies, expertise and patent portfolio. Their
strong reputation in life sciences and diagnostics, and their
well-established global distribution very effectively leverage our
technology into key markets." About Bio-Rad: Bio-Rad Laboratories,
Inc. (http://www.bio-rad.com/) is a multinational manufacturer and
distributor of life science research products and clinical
diagnostics. It is based in Hercules, California, and serves
thousands of research and industry customers worldwide through a
network of more than 30 wholly owned subsidiary offices. About
Caliper Life Sciences: Caliper Life Sciences uses its leading
microfluidics patent estate, innovative automation technologies,
and broad assay expertise to accelerate drug discovery, enable
diagnosis of disease and facilitate scientific research. With the
acquisition of NovaScreen Biosciences in October 2005, Caliper
became the first company to provide a comprehensive, central
resource for drug discovery products and services. Caliper
headquarters are located in Hopkinton, MA, with R&D, operations
and manufacturing facilities for LabChip devices in Mountain View,
CA, NovaScreen service operations in Hanover, MD and direct sales,
service and applications support throughout the world. The
company's customers and "Caliper Driven" partners include many of
the largest pharmaceutical, biotechnology, and life sciences
companies. http://www.caliperls.com/ NOTE: LabChip and Caliper are
registered trademarks, and Caliper Driven is a trademark, of
Caliper Life Sciences, Inc. Experion is a trademark of Bio-Rad
Laboratories, Inc. Various statements made within this press
release may constitute "forward-looking statements" for purposes of
the Securities and Exchange Commission's "safe harbor" provisions
under the Private Securities Litigation Reform Act of 1995 and Rule
3b-6 under the Securities Exchange Act of 1934. The forward-looking
statements contained herein involve risks and uncertainties that
could cause results to differ materially from the companies'
expectations. DATASOURCE: Caliper Life Sciences, Inc. CONTACT:
Michele Boudreau, Corporate Communications Director, of Caliper
Life Sciences, +1-650-279-2088, or Jayme Maniatis of Schwartz
Communications, Inc., +1-781-684-0770, or , for Caliper Life
Sciences; or Susan Berg, Corporate Communications Manager, of
Bio-Rad Laboratories, Inc., +1-510-741-6063 Web site:
http://www.bio-rad.com/ Web site: http://www.caliperls.com/
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