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02/08/05
-- Affymetrix Inc. (Nasdaq: AFFX) and Karolinska Institutet announced today
that they have entered into a strategic alliance designed to improve
healthcare by accelerating the translation of basic genetic research into
tools for better diagnosis, prognosis, and treatment.
During the
next five years the projects include genetic analyses and measurement of
gene expression in patients with atherosclerosis, breast cancer, rheumatoid
arthritis, asthma and dyslexia. These diseases affect a large number of
patients worldwide. Systematic use of the genomic information obtained will
enable development of new and better clinical methods and drugs hereby
reducing mortality and improving quality of life for patients suffering from
these diseases.
The
Karolinska Institutet/Affymetrix Translational medicine research projects
will use sufficiently large sample sizes to establish true clinical
relevance of both gene expression and DNA sequence variation in key areas of
unmet medical needs.
"Today we
have access to a very broad range of population-based clinical materials and
data, that we want to study in order to understand the importance of genetic
factors for emergence and treatment of various diseases. The agreement
enables us to perform these studies at an acceptable cost and we will also
get access to new technology at an early stage. Our expectation is that this
cooperation will help us to improve peoples health", said Professor Jan
Carlstedt-Duke, dean of research at Karolinska Institutet.
"To improve
human health, we need to shift the healthcare paradigm from diagnosing and
treating existing diseases, to being able to predicting disease
susceptibility and an individual's response to drugs," said Patrick Kelly,
European Site Manager and Vice President, Affymetrix. "This is what
personalized medicine is all about -- enabling clinicians to detect diseases
earlier and manage them more effectively. We are excited about the potential
of this agreement to move the translational medicine field forward."
Karolinska
Institutet agreement is part of the Affymetrix Translational Medicine
Initiative. The goal of the initiative is to bridge the gap between clinical
research and application of genomics in patient care by bringing together
leading clinical research institutes with advanced Affymetrix microarray
technology.
Karolinska
Institutet will have access to a number of new microarray technologies from
Affymetrix, including the Mapping 100K. The 100K is the first in a family of
products that will allow researchers at Karolinska Institutet to perform
high-density genome scans and genome-wide association studies on the
genetics of complex diseases.
About
Affymetrix:
Affymetrix
scientists invented the world's first high-density microarray in 1989 and
began selling the first commercial microarray in 1994. Since then,
Affymetrix GeneChip(R) technology has become the industry standard in
molecular biology research. Affymetrix technology is used by the world's top
pharmaceutical, diagnostic and biotechnology companies as well as leading
academic, government and not-for-profit research institutes. More than 1,200
systems have been shipped around the world and nearly 3,000 peer-reviewed
papers have been published using the technology. Affymetrix' patented
photolithographic manufacturing process provides the most information
capacity available today on an array, enabling researchers to use a
whole-genome approach to analyze the relationship between genetics and
health. Affymetrix is headquartered in Santa Clara, Calif., with
manufacturing facilities in Sacramento, Calif., and Bedford, Mass. The
company maintains important sales and marketing operations in Europe and
Asia and has about 900 employees worldwide.
All statements in this press release that are
not historical are "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act as amended, including statements
regarding Affymetrix' "expectations," "beliefs," "hopes," "intentions,"
"strategies" or the like. Such statements are subject to risks and
uncertainties that could cause actual results to differ materially for
Affymetrix from those projected, including, but not limited to risks of the
Company's ability to achieve and sustain higher levels of revenue, higher
gross margins, reduced operating expenses, uncertainties relating to
technological approaches, manufacturing, product development, market
acceptance, personnel retention, uncertainties related to cost and pricing
of Affymetrix products, dependence on collaborative partners (including
uncertainties related to the outcome of the collaboration discussed in this
press release), uncertainties relating to sole source suppliers,
uncertainties relating to FDA and other regulatory approvals, competition,
risks relating to
intellectual
property of others and the uncertainties of patent protection and
litigation. These and other risk factors are discussed in Affymetrix' Form
10-K for the year ended December 31, 2003 and other SEC reports, including
its Quarterly Reports on Form 10-Q for subsequent quarterly periods.
Affymetrix expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in Affymetrix' expectations with
regard thereto or any change in events, conditions, or circumstances on
which any such statements are based.
NOTE:
Affymetrix, the Affymetrix logo, and GeneChip are registered trademarks
owned or used by Affymetrix, Inc.
About
Karolinska Institutet:
KAROLINSKA
INSTITUTET is Sweden's only exclusively medical university. It is also one
of the largest centres of medical education and research in Europe. Research
at Karolinska Institutet spans a huge area, from sub-cellular structures to
societal ones; from endorphins to the environment. Karolinska Institutet
collaborates internationally and nationally with healthcare and medical
institutes, as well as with industry and other universities. Our mission is
to improve the health of mankind through research, education and
information.
Awarding the
Nobel Prize in Physiology or Medicine has given Karolinska Institutet an
invaluable contact network throughout the medical scientific community.
For more
information about Karolinska Institutet please visit the website:
www.info.ki.se.
Source: Affymetrix, Inc
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