GLOSTRUP, Denmark - Monday, January 12th 2015 [ME NewsWire]
(BUSINESS
WIRE)-- Dako, an Agilent Technologies company and a worldwide provider
of cancer diagnostics, and Cell Signaling Technology (CST), a worldwide
provider of antibodies, today announced that they have entered into a
strategic partnership to supply antibodies for use in Dako-branded
companion diagnostics products.
"We are pleased to work with CST
in the development of high-quality, cutting-edge companion diagnostic
products that will be an important tool in the diagnosis and treatment
of cancer," said Jacob Thaysen, president of Agilent's Diagnostics and
Genomics Group.
The market for companion diagnostics is steadily
growing, as personalized medicine may improve patient care and assist in
managing healthcare costs by targeting treatments to individuals more
likely to benefit from specific therapies, particularly in the treatment
of cancer.
Today’s announcement follows several other
collaborative agreements in the companion diagnostics area. Agilent’s
Dako business has a record of successful long-term partnerships with
companies such as Pfizer, AstraZeneca, Bristol-Myers Squibb, Merck &
Co., Amgen and Eli Lilly, and it continues to attract new partners.
“CST
recognizes that companion diagnostic products have great potential to
improve the way we diagnose and treat patients with cancer,” said
Michael J. Comb, CEO of CST. “We believe this partnership will allow our
products to contribute to the advancement of personalized medicine.”
The financial details of the agreement were not disclosed.
About Cell Signaling Technologies
Founded
by research scientists in 1999, CST is a private, family-owned company
with over 400 employees worldwide. Active in the field of applied
systems biology research, particularly as it relates to cancer, CST
understands the importance of using antibodies with high levels of
specificity and lot-to-lot consistency. We produce all of our antibodies
in house, and perform painstaking validations for multiple
applications. Technical support is provided by the same CST scientists
who produce our antibodies, helping customers design experiments,
troubleshoot, and achieve reliable results. CST is certified by BSI to
be compliant with ISO 9001:2008 for the design, development, and
production of monoclonal antibodies. Information about CST is available
at www.cellsignal.com.
About Agilent Technologies
Agilent
Technologies Inc. (NYSE: A), a global leader in life sciences,
diagnostics and applied chemical markets, is the premier laboratory
partner for a better world. Agilent works with customers in more than
100 countries, providing instruments, software, services and consumables
for the entire laboratory workflow. Agilent generated revenues of $4.0
billion in fiscal 2014. The company employs about 12,000 people
worldwide. In 2012, Agilent acquired Dako, a well-known provider of
reagents, instruments, software and expertise to make accurate diagnoses
and determine the most effective treatment for cancer patients.
Information about Agilent is available at www.agilent.com and
information about Dako products is available at www.dako.com.
Cell Signaling Technology®, and CST™ are trademarks of Cell Signaling Technology, Inc.
Contacts
Agilent
Maia Fredtoft Søchting, +45 2546 1083
maia.sochting@agilent.com
or
Cell Signaling Technology, Inc.
Rebecca J. Reppucci, MBA, +1 978-867-2382
Director of Marketing Communications
marketingpr@cellsignal.com
Permalink: http://me-newswire.net/news/13338/en

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