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ACLARA Biosciences and PE Biosystems Sign Drug Screening Collaboration.


HAYWARD, Calif. & FOSTER CITY, Calif.--(BW HealthWire)--April 21, 1999--

Microfluidic Screening Systems to Target Drug Discovery and

Agricultural Research

PE Biosystems, a Perkin-Elmer Corporation (NYSE NYSE

See: New York Stock Exchange
:PKN PKN Polish Committee for Standardization
PKN Protestantse Kerk Van Nederland (Dutch church) 
) business, and ACLARA BioSciences, Inc. announced that they have entered into a collaboration agreement to develop systems for the high-throughput screening High-throughput screening (HTS), is a method for scientific experimentation especially used in drug discovery and relevant to the fields of biology and chemistry. Purpose and method  (HTS HTS Heights
HTS Harmonized Tariff System
HTS High Throughput Screening (biomolecular assay screening)
HTS High-Throughput Screening (Pharmaceutical Industry)
HTS Harmonized Tariff Schedule
) of drug candidates.

The HTS systems will combine ACLARA's proprietary microfluidic chip technology with PE Biosystems' strengths in the development of instrument systems for life science markets.

ACLARA and PE Biosystems each have substantial research and development programs focused on the application of microtechnologies to drug screening. The collaboration announced today builds on these existing efforts, which have resulted in several prototype instruments being developed under research and technology access programs at the two companies.

"Drug screening represents a key growth opportunity for PE Biosystems, consistent with our focus on life science markets," said Michael W. Hunkapiller, Ph.D., president of PE Biosystems. "We recognize the value that microfluidics can bring in addressing customer needs, including the need to cost-effectively analyze massive libraries of drug candidates using minute amounts of reagents. The combined technical and intellectual property strengths of PE Biosystems and ACLARA provide the opportunity to bring these benefits to our current and future customer base."

Joseph M. Limber, President and Chief Executive Officer of ACLARA, commented, "ACLARA's microfluidic chip technology enables rapid separations and high-sensitivity detection at volumes that are 1,000 times smaller than even high-density microwell plates. As a result, we expect this technology to have application across a broad range of assays in pharmaceutical discovery and agricultural research."

The collaboration will leverage ACLARA's microfluidics and microfabrication technologies with the expertise and capabilities from multiple centers of excellence within PE Biosystems, including the separation and systems engineering strengths of PerSeptive Biosystems and the biological assay development and high-throughput screening expertise of Tropix. In addition, Applied Biosystems Applied Biosystems, Inc. (formerly NASDAQ: ABIO) is the original name of a pioneer biotechnology company founded in 1981 in Foster City, California, among the Silicon Valley cities of the southern San Francisco Bay Area.  brings expertise in capillary electrophoresis Capillary electrophoresis (CE), also known as capillary zone electrophoresis (CZE), can be used to separate ionic species by their charge and frictional forces. In traditional electrophoresis, electrically charged analytes move in a conductive liquid medium under the  and fluorescent detection that has been incorporated in several highly successful commercial products, including multiple generations of DNA sequencers A DNA sequencer is an instrument used to automate the DNA sequencing process.

DNA sequencers have become more important due to large genomics projects and the need to increase productivity.
.

ACLARA and PE Biosystems intend to form technology access partnerships with pharmaceutical, biotechnology, and agricultural biotechnology companies Top 100 Biotechnology Companies
The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies.
, providing early access to systems resulting from this collaboration.

This represents the second major collaboration between ACLARA and PE Biosystems. In May 1998, the two organizations announced a collaboration to develop and commercialize microfluidic-based systems for genetic analysis.

ACLARA BioSciences is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 applying advances in microfabrication and microfluidics to develop and apply new tools for drug discovery and genomics. By performing integrated sample processing and analysis on microfluidic chips, these tools enable the rapid, parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer.  of large numbers of samples requiring only minute volumes of expensive or rare reagents. For more information about ACLARA, contact Joseph M. Limber at (510) 293-1855, ext. 153, or visit ACLARA's web page at http://www.aclara.com.

The Perkin-Elmer Corporation comprises three divisions. The PE Biosystems Division, with sales of $922 million during fiscal 1998, supplies instrument systems, reagents, software, and related services to the life science industry and research community. The Analytical Instruments Division, which the Company has entered into an agreement to sell, had sales of $609 million during fiscal 1998 and is a leader in supplying a broad range of instruments to the pharmaceutical, environmental, food, chemical, petrochemical, and related industries. Celera Genomics, a newly formed business unit, intends to become the definitive source of genomic and related medical information. Headquartered in Connecticut, Perkin-Elmer had revenues of more than $1.5 billion in fiscal 1998 and employs more than 7,000 people worldwide. Information about Perkin-Elmer is available on the World Wide Web at http://www.perkin-elmer.com or by phoning (800) 762-6923.

Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe," "expect," "anticipate," "should," "planned," "estimated," and "potential," among others. These forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 are based on Perkin-Elmer's current expectations. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for such forward-looking statements. In order to comply with the terms of the safe harbor, Perkin-Elmer notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. The risks and uncertainties that may affect the operations, performance, development, and results of Perkin-Elmer's businesses include but are not limited to (1) rapidly changing technology and dependence on new products; (2) sales dependent on customers' capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
 policies and government-sponsored research; (3) risk of claims for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. ; (4) significant overseas operations; (5) future growth strategy; (6) uncertainty of success of Year 2000 compliance program; (7) risk of earthquakes in California; and (8) other factors that might be described from time to time in Perkin-Elmer's filings with the Securities and Exchange Commission.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Geographic Code:1USA
Date:Apr 21, 1999
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