In Brief: Perkin-Elmer/Hyseq
This article was originally published in The Gray Sheet
Executive Summary
Perkin-Elmer/Hyseq: Firms ink strategic partnership agreement to commercialize DNA microchip technology which includes a $10 mil. equity investment in Hyseq by Perkin-Elmer, P-E announces June 19. Under the terms of the deal, both firms will invest additional research funds in Hyseq's proprietary DNA HyChip technology. Combination of the HyChip technology with P-E DNA analysis technologies is anticipated to enable creation of a DNA chip "that can assay any genetic target through the use of specially designed reagents and software," P-E says. P-E will have exclusive worldwide rights to commercialize sequencing systems using the HyChip technology under the agreement...