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BioServe Acquires Genomics Collaborative



5/1/2007 10:53:51 AM

BioServe Extends Genomics Services Platform With Premier Industrial Biobank for Biomarker Discovery and Validation

BELTSVILLE, MD -- (MARKET WIRE) -- May 01, 2007 -- BioServe, a leading provider of genomics services, today announced that it has acquired Genomics Collaborative from SeraCare Life Sciences, Inc. Genomics Collaborative is a leader in facilitating biomarker discovery and validation through its Global Repository®, a comprehensive library of 600,000 human DNA, tissue and serum samples linked to detailed clinical and demographic data from 140,000 consented and anonymized patients collected on four continents.

Through this acquisition BioServe significantly expands its pre-clinical product and service capabilities to provide organizations engaged in drug discovery and diagnostic development with a comprehensive "biomaterial to validated data" services platform. This service platform extends from molecular research products and services such as DNA and RNA purification reagents, DNA sequencing, oligonucleotide synthesis and genotyping to ready-made large epidemiologically sound case-control studies of inflammatory disorders, endocrine disorders, cardiovascular disease, diabetes, hypertension, obesity and cancers including breast, prostate, lung and colorectal.

"The acquisition of Genomics Collaborative firmly positions BioServe as a preferred partner for pre-clinical discovery and validation studies. Working with BioServe, drug discovery researchers have the flexibility to tap the Bio Repository to augment their in house sample sets, design entire genomic studies around our sample library, and further benefit from BioServe's proven ability to process and analyze vast quantities of genomic content," said Rama Modali, President, BioServe. "BioServe's complete biomaterial to validated data approach will help researchers identify the genetics markers, biochemical pathways and drug targets that cause disease to accelerate the development of new and safer drugs."

BioServe will continue to offer the GCI Access program™, which allows researchers around the world to access human DNA, RNA, serum and tissue samples with comprehensive informed consent and detailed clinical data, on a fee for service basis.

Genomics Collaborative will operate as a fully integrated division of BioServe, offering its DNA, tissue and serum Global Repository® samples to BioServe's customers worldwide. The Genomics Collaborative clinical team, led by Vice President of Medical Affairs, George Taylor MD, has joined BioServe and will further add to the company's expertise in genomics, epidemiology, biostatistics and molecular biology.

BioServe will be exhibiting at the BIO 2007 International Annual Convention as part of the State of Maryland pavilion.

About BioServe

BioServe provides a comprehensive 'biomaterial to validated data' genomics services platform, helping researchers gain the pre-clinical data for breakthroughs in drug discovery, molecular diagnostics and pharmacogenomics. Utilizing BioServe's genomics services platform, researchers can identify genetic markers, validate drug targets that cause disease and correlate clinical data with molecular data to accelerate the development of new and safer drugs. BioServe's services extend from nucleic acids processing, DNA synthesis, high throughput sequencing and genotyping, genome wide-scans and gene expression analyses to ready-made large epidemiologically sound case-control studies of inflammatory disorders, endocrine disorders, cardiovascular disease, diabetes, hypertension, obesity and many cancers. BioServe's Global Repository® provides researchers with a library of 600,000 human DNA, tissue and serum samples linked to detailed clinical and demographic data from 140,000 consented and anonymized patients from four continents. BioServe's customers include leading pharmaceutical and biotechnology companies, and government and academic research institutions. BioServe has headquarters in Beltsville, MD and Hyderabad, India. For more information please visit www.bioserve.com or call 301-470-3362.

Contacts: Kevin Krenitsky BioServe 610-304-8784 Email Contact

Constantine Theodoropulos Boston Communications 617-619-9801 Email Contact

SOURCE: BioServe

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