“The collaboration addresses a critical, unmet need for companies in the biopharmaceutical industry, especially those without access to compound libraries or screening infrastructure,” said Albert A. Luderer, Ph.D., President and CEO, BioTrove. “Our joint solution with OSI will enable increased research around novel targets for companies who may have crucial insights about disease progression, but do not specialize in large-scale high-throughput screening internally.”
The companies’ complete lead discovery service will provide access to OSI Pharmaceuticals’ Integrated Lead Discovery Platform, enabling screening of large volumes of compounds against clients’ target assays. BioTrove’s mass spectrometry-based RapidFire platform, which enables label-free high-throughput screening using biological substrates, will be used to identify active compounds within chemical libraries.
“The synergistic combination of OSI’s Lead Discovery Platform with BioTrove’s RapidFire screening technology provides an innovative solution to early drug discovery, opening up a wide array of new targets for the biotechnology industry,” said David Ghesquiere, Vice President, Corporate and Business Development, OSI Pharmaceuticals, Inc.
Financial terms were not disclosed.
About BioTrove, Inc.
BioTrove, Inc. offers two innovative technology platforms: OpenArray™, which advances genomic research in a wide range of life science fields, including agriculture, disease research, and public health, and RapidFire™, which enables the acceleration of drug discovery and pipeline decisions. With 11 of the 15 largest biopharmaceutical companies based on global sales as clients, and partnerships with prestigious research and public health centers around the world, BioTrove's products and services ensure that an industry committed to accuracy and speed can meet business goals.
The OpenArray™ Platform enables genomics researchers to generate SNP and real time qPCR data in the hundreds of thousands of data points per day, significantly increasing the number of samples analyzed while significantly decreasing the time and cost required. The flexible format and nanoliter scale of the OpenArray™ system allows for easy adjustment of sample and assay numbers, achieving economical, high-throughput genomics.
RapidFire™ Mass Spectrometry (RFMS) uses an innovative microfluidic technology to facilitate analysis at six to eight seconds per sample, eliminating the bottleneck created by traditional mass spectrometry throughput. RFMS is routinely used in many applications including the high-throughput screening of previously intractable drug targets, ADME assays and directed evolution studies.
Contact: BioTrove, Inc. Dr. Albert A. Luderer, 781-721-3600 President and CEO info@biotrove.com or Makovsky + Company Arielle Bernstein, 212-508-9643 abernstein@makovsky.com
Source: BioTrove, Inc.
