Affymetrix Licenses Pangea's Computational Tools for Use in Chip Design.OAKLAND, Calif.--(BW HealthWire)--Aug. 17, 1999-- Pangea Systems(R), Inc. today announced that Affymetrix Inc. (Nasdaq:AFFX), of Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. has licensed state-of-the-art computational tools from Pangea Systems for use in DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. array design efforts. Pangea's proprietary scientific computational tools allow a rapid and accurate clustering and alignment of Expressed Sequence Tags (ESTs) and full length sequences, along with the ability to integrate data from public and proprietary databases. Financial terms of the multi-year license are undisclosed. Affymetrix' customers study the expression of thousands of genes simultaneously utilizing the Affymetrix GeneChip(R) system. Pangea's clustering and alignment tools reduce the design time for GeneChip arrays. "We are pleased to gain access to Pangea's state of the art clustering and alignment tools. These tools have the potential to help us enhance the quality and reduce the design time for new commercial oligonucleotide arrays," said David Balaban, Senior Director of Bioinformatics and Information Systems of Affymetrix. "We are delighted to have Affymetrix join the growing number of life science companies that are making Pangea's EST EST electroshock therapy. EST abbr. electroshock therapy Clustering and Alignment Tools the industry standard," said John Couch John Couch may refer to:
Pangea Systems, Inc. is a leading provider of software for advanced bioinformatics -- the application of information technology to life science research and development. The company's mission is to enable pharmaceutical and 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. to simplify and accelerate the life science discovery process by providing software products and services that integrate the collection, organization and analysis of biological and biochemical information. Pangea's offerings accelerate the discovery process by empowering researchers to rapidly identify and validate targets, and to computationally qualify potential leads from raw biological, chemical and experimental data. The company's current offerings include operationally proven software applications, unique computational tools, an open computing See open system and open source. environment, and value-added professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . Incorporated in 1993, Pangea Systems, Inc. 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. based in Oakland. For more information, contact Pangea Systems, Inc. at 510/628-0100, or e-mail the company at info-pr@pangeasystems.com or visit http://www.pangeasystems.com. Note to Editors: Pangea Systems is a registered trademark of Pangea Systems, Inc. The Pangea Systems logo, is a trademark of Pangea Systems. Inc. All other trademarks, brands and names are property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion