Pharma Industry News
Takara Bio Grants Transgenomic License for LA-PCR Technology
TOKYO, May 7, 2007 - (JCN Newswire) - Takara Bio Inc. (TSE: 4974) today announced that it has granted Transgenomic, Inc. a worldwide non-exclusive license to make, use and sell LA-PCR related products. Including Transgenomic, the company has nineteen (19) licensees of its LA-PCR technology worldwide. Financial terms of the license were not disclosed.LA-PCR Technology, invented by Dr. Wayne M. Barnes, is a breakthrough in PCR (Polymerase Chain Reaction) technology that expands its capability and heightens its application potential considerably. LA-PCR technology overcomes the disadvantages and defects of conventional PCR by enabling high-yield amplification of long and complex DNA fragments from genomic DNA. More importantly for the molecular researcher, DNA molecules produced with LA-PCR Technology have significantly fewer mutations than those made using conventional PCR.
The company entered into a Patent Assignment Agreement with Dr. Barnes in April 1996 and acquired all of Dr. Barnes' right, title and interest in and to the patents relating to LA technology. The company continues to promote licensing of this technology as well as sales of its own products worldwide.
About Takara Bio Inc.
Takara Bio Inc. is committed to preventing disease and improving
the quality of life of people around the world through the use of
biotechnology. Takara Bio is divided into three separate divisions;
DNAtech, which develops technology and equipment for research into
genomics and proteomics; BIOMedi, which develops biotechnology
applications in gene- and cell-based diagnostics and therapies; and
AgriBIO, which concentrates on agricultural biotechnology. Through
strategic alliances with other industry leaders, the Company aims
to become a leader in creating innovative technologies for use in
all parts of the world.
Contact:
Corporate Communications Takara Bio Inc. E-mail: bio-ir@takara-bio.co.jp
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