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Clinical Data and Roche Sign
Co-Marketing Agreement Relating to Cogenics Division Acquisition of 454 GS
FLX Sequencing System |
NEWTON, Mass. - March 29, 2007 - Clinical Data,
Inc. (NASDAQ: CLDA) and Roche Diagnostics today signed a co-marketing agreement
in support of the installation by the Cogenics Division of Clinical Data, the
worldwide leading pharmacogenomics and molecular biology services company, of a
454 Genome Sequencer FLX System in one of their European facilities. Cogenics
plans to offer the 454 GS FLX 'Next Generation' sequencing technology as a
fee-for-service offering to clients worldwide, with applications ranging from
whole genome sequencing to genome wide expression profiling, and will
collaborate with Roche to co-market the service.
"The Genome Sequencer FLX represents the most advanced state-of-the-art, high
throughput and cost-effective sequencing technology to support the expectations
and needs of our customers' research," stated Robert Bondaryk, Ph.D., Senior
Vice President and General Manager of Cogenics. "With our proven track record of
offering sequencing services in both research and regulated environments, this
next generation platform will give us increased sales opportunities and
accelerate revenue growth across the broad array of molecular biology services
that Cogenics offers. We look forward to our collaboration with Roche to present
a new generation of sequencing solutions to genomics researchers globally."
"We are pleased to offer our customers access to the 454 GS FLX platform
supported by our recognized experience and expertise in genomics and
pharmacogenomics," said Paul Tomlin, Cogenics Director of European Operations.
"As a partner of major genomic projects such as the sequencing of the Tomato
Genome within the Solanacea Genome Network and several large re-sequencing
projects for SNPs discovery and gene profiling studies, Cogenics has already
established itself as a worldwide leader in this field. Now we intend to
consolidate this position through the installation of cutting edge platforms
like the 454 GS FLX together with the co-marketing agreement with Roche."
"We are glad to welcome Clinical Data in the fast growing family of Genome
Sequencer users. Clinical Data's Cogenics Division is a well-known company in
the sequencing world, and we regard their decision as a recommendation to use
our technology," said Manfred Baier, Head of Roche Applied Science in Penzberg/Germany.
About Roche and the Roche Diagnostics Division
Headquartered in Basel, Switzerland, Roche is one of the world's leading
research-focused healthcare groups in the fields of pharmaceuticals and
diagnostics. As a supplier of innovative products and services for the early
detection, prevention, diagnosis and treatment of disease, the group contributes
on a broad range of fronts to improving people's health and quality of life.
Roche is a world leader in diagnostics, the leading supplier of medicines for
cancer and transplantation and a market leader in virology. In 2005, sales by
the Pharmaceuticals Division totaled 27.3 billion Swiss francs, and the
Diagnostics Division posted sales of 8.2 billion Swiss francs. Roche employs
roughly 70,000 people in 150 countries and has R&D agreements and strategic
alliances with numerous partners, including majority ownership interests in
Genentech and Chugai. Roche's Diagnostics Division offers a uniquely broad
product portfolio and supplies a wide array of innovative testing products and
services to researchers, physicians, patients, hospitals and laboratories
world-wide. For further information, please visit our websites
www.roche.com
and
www.roche-diagnostics.com
About Cogenics -
www.cogenics.com
Cogenics offers more than 17 years of experience as a trusted provider of the
broadest range of pharmacogenomics and molecular biology services available
globally. Cogenics provides integrated services for nucleic acid extraction,
genotyping, sequencing, QPCR, and gene expression, as well as serving as a
biorepository, for both research and regulated environments: GLP, cGMP and CLIA.
Cogenics combines operations from the acquisitions of Genaissance
Pharmaceuticals, Lark Technologies (US & UK), Icoria, and Genome Express
(France). Its customers include some of the world's most respected
pharmaceutical and biotechnology companies, agencies of the US National
Institutes of Health, leading government and academic researchers in the
international life science community, and major agricultural companies and
agencies.
About Clinical Data, Inc. -
www.clda.com
Clinical Data, Inc. is a global biotechnology company unlocking the potential of
molecular discovery, from targeted science to better healthcare. Its Cogenics
division provides molecular biology and pharmacogenomics services to
pharmaceutical and biotech companies and academics institutions in both research
and regulated environments. Its PGxHealth division focuses on genetic test and
biomarker development to help predict drug safety and efficacy, thereby reducing
health care costs and improving clinical outcomes. Its Vital Diagnostics
division offers in vitro diagnostics solutions for the clinical laboratory.
Through these divisions, Clinical Data is leveraging advances in molecular
discovery to provide tangible benefits for patients, doctors, scientists, and
health plans worldwide.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains certain forward-looking information about Clinical
Data that is intended to be covered by the safe harbor for "forward-looking
statements" provided by the Private Securities Litigation Reform Act of 1995, as
amended. Forward-looking statements are statements that are not historical
facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)"
and similar expressions are intended to identify forward-looking statements.
These statements include, but are not limited to statements regarding: our
ability to successfully integrate the operations, business, technology and
intellectual property obtained in our acquisitions; our ability to obtain
regulatory approval for, and successfully introduce our new products; our
ability to expand our long-term business opportunities; our ability to maintain
normal terms with our customers and partners; financial projections and
estimates and their underlying assumptions; and statements regarding future
performance. All of such statements are subject to certain risks and
uncertainties, many of which are difficult to predict and generally beyond the
control of the Company, that could cause actual results to differ materially
from those expressed in, or implied or projected by, the forward-looking
information and statements. These risks and uncertainties include, but are not
limited to: the extent to which genetic markers (haplotypes) are predictive of
clinical outcomes and drug efficacy and safety; our ability to achieve the
expected synergies and operating efficiencies from all of our acquisitions; the
strength of our intellectual property rights; competition from pharmaceutical,
biotechnology and diagnostics companies; the development of and our ability to
take advantage of the market for pharmacogenetic and biomarker products and
services; general economic downturns; and other risks contained in our various
SEC reports and filings, including but not limited to our Quarterly Report on
Form 10-Q for the quarter ended December 31, 2006, filed with the SEC on
February 14, 2007, and our Current Reports on Form 8-K filed with the Securities
and Exchange Commission. Readers are cautioned not to place undue reliance on
these forward-looking statements that speak only as of the date hereof, and we
do not undertake any obligation to revise and disseminate forward-looking
statements to reflect events or circumstances after the date hereof, or to
reflect the occurrence of or non-occurrence of any events.
Contact Cogenics Europe :
François Pons, Director, Sales & Business Development, Europe:
f.pons@genome-express.com
For further information, please contact:
Andrew Lloyd & Associates
Andrew Lloyd / Neil Hunter
Tel: +44 1273 675100
allo@ala.com
/ neil@ala.com
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