Applied Biosystems And Hitachi Renew Exclusive Product Development Agreement For DNA Analysis Technology

FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 5, 2006--Applied Biosystems Group (NYSE:ABI), an Applera Corporation business, today announced that it has entered into an exclusive collaboration agreement with Hitachi High-Technologies Corporation, an affiliate of Hitachi, Ltd. (NYSE:HIT), to develop and commercialize capillary electrophoresis (CE)-based DNA analysis technologies. This agreement extends the term of and also amends an existing collaboration agreement that began in 1997. Under the terms of the agreement, Applied Biosystems and Hitachi High-Technologies Corporation will continue to be exclusive collaborators in the development and commercialization of CE-based instruments for research, applied market, and diagnostic applications. The current product line includes the Applied Biosystems 3130 and 3730 series DNA analyzers. Financial terms of the agreement were not disclosed.
MORE ON THIS TOPIC