Idaho Technology and Roche Sign PCR License Agreement
Idaho Technology, Inc. and Roche have signed a license agreement granting Idaho Technology non-exclusive, worldwide access to Roche's PCR (polymerase chain reaction) patents.
Salt Lake City, UT (PRWEB) January 5, 2005 -- Idaho Technology, Inc. and
Roche have signed a license agreement granting Idaho Technology non-exclusive,
worldwide access to Roche's PCR (polymerase chain reaction) patents. The
agreement provides Idaho Technology with rights under Roche’s PCR-related
patents to make, use and sell products in the field of in vitro diagnostics.
PCR has rapidly become the keystone technology in the field of molecular
diagnostics. Through the use of PCR, amplification of a small amount of genetic
materials allows for the rapid detection of pathogenic organisms at the earliest
possible stages or for the identification of related DNA or RNA sequences. The
technology has a broad range of applications and has been successfully
implemented in the field of medical molecular biology for the diagnosis of
infectious diseases, genetic diseases, cancer and various other medical
conditions.
“This agreement accentuates the commitment Idaho Technology
has to our customers and to the future development of PCR based solutions,”
stated Raymond Tarr, Idaho Technology’s Director of Sales and Marketing. “Idaho
Technology is known best for its development of PCR based systems like
LightCycler (a Roche system), RAPID, and RAZOR. Having the agreement in place
will allow us to continue doing what we do best, create innovative solutions for
in vitro diagnostics.”
About Idaho Technology,
Inc.
Idaho Technology, Inc. is a privately held
biotechnology company based in Salt Lake City, Utah. Founded in 1990, Idaho
Technology worked together with the University of Utah to develop rapid PCR
technology and other innovative technologies for nucleic acid detection and
analysis. Through funds from the United States Department of Health and Human
Services and the Department of Defense, the company has created many commercial
instruments and reagents for use in research and applied fields. Researchers,
medical technicians, law enforcement officers, and soldiers in the field use the
company's devices to detect or study human genetics, disease-causing organisms
or biothreat agents.
Source: Idaho Technology, Inc. www.idahotech.com.
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Source : http://www.prweb.com/releases/2005/1/prweb193805.htm