Boehringer Ingelheim Subscribes to Gene Logic's GeneExpress Database.Business Editors/Health & Medical Writers GAITHERSBURG, Md. & INGELHEIM, Germany--(BW HealthWire)--Dec. 21, 2000 Gene Logic Inc. (Nasdaq:GLGC), a leading provider of genomic genomic pertaining to a genome. genomic clone see clone. genomic DNA the DNA sequences making up the genome of an individual. genomic library see gene bank. information, announced today that Boehringer Ingelheim International GmbH, a member of the international Boehringer Ingelheim group of pharmaceutical companies headquartered in Ingelheim, Germany, has subscribed to multiple segments of Gene Logic's GeneExpress(R) Suite of databases for use in their drug discovery and development programs. Financial terms of the multi-year subscription were not disclosed. Under the terms of the GeneExpress(R) subscription, Boehringer Ingelheim will subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; two elements of the GeneExpress(R) Suite: the BioExpress(TM) Module and the ToxExpress(TM) Module. The BioExpress(TM) Module consists of gene expression and associated information from a broad range of normal and diseased dis·eased adj. 1. Affected with disease. 2. Unsound or disordered. human tissues, tissues from model animal systems and human and animal cell lines for use in target identification and target validation studies. The ToxExpress(TM) Module is a reference library of toxicity toxicity /tox·ic·i·ty/ (tok-sis´i-te) the quality of being poisonous, especially the degree of virulence of a toxic microbe or of a poison. markers derived from examination of known toxic compounds across diseased and normal human tissues, research cell lines, and animal model systems (rat and mouse). The ToxExpress(TM) Module is used for prioritizing candidate compounds currently under development. The subscription agreement provides for broad deployment of both segments of the GeneExpress(R) Suite and its related GX2000(TM) software tools across Boehringer Ingelheim's global research and development infrastructure. Professor Wetzel, Head of Corporate Division Research and Development at Boehringer Ingelheim, commented, "Boehringer Ingelheim appreciates the opportunity to use the information contained in the GeneExpress(R) Suite for its target gene discovery and validation processes. "Our scientists in R&D worldwide will make use of this resource, expecting that it will provide substantial support for prioritization of candidate genes for drug screening and for studying drug effects. "We designate des·ig·nate tr.v. des·ig·nat·ed, des·ig·nat·ing, des·ig·nates 1. To indicate or specify; point out. 2. To give a name or title to; characterize. 3. Gene Logic's database a unique resource of comprehensive expression profile information. Furthermore, the microarray See micro array. microarray - A technique for performing many DNA experiments in parallel. Nothing to do with computers. technology used by Gene Logic to generate expression profiles ideally matches Boehringer Ingelheim's internally used systems." "We are very pleased that Boehringer Ingelheim, a company with a global presence and well respected capabilities in drug discovery and development, has chosen to subscribe to the GeneExpress(R) Suite," said David S. Murray, Senior Vice President, Marketing and Sales for Gene Logic. "This subscription gives researchers at Boehringer Ingelheim's multiple sites across the globe the critical data and analysis capabilities required to support their programs to develop more effective drugs more quickly." Continuing, Murray said, "This is consistent with our ongoing strategy of providing gene expression-based solutions that deliver valuable insights into the mechanisms of disease and improved management of drug development pipelines. We are encouraged by the continued growth in participation from our global pharmaceutical partners in the GeneExpress(R) Suite for use in their genomics-based R&D initiatives." Boehringer Ingelheim Overview The Boehringer Ingelheim group of companies, with headquarters in Ingelheim (Germany), is one of the 20 leading pharmaceutical firms in the world and reported revenues of almost DEM See digital elevation model. 10 billion in 1999. Boehringer Ingelheim has 140 affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. worldwide, with a focus on human pharmaceutical and animal health business. The focus is on the human pharmaceutical as well as on the animal health business. The human pharmaceutical business, which is responsible for 92% of sales, includes mainly prescription medicines and products for consumer health care but also for industrial customers (chemicals and biopharmaceuticals). Substantial research and development, production, and distribution facilities are located around the globe. In 1999 Boehringer Ingelheim spent DEM 1.6 billion on R&D, equivalent to 16% of total sales. For more information on Boehringer Ingelheim please visit the company's Web site at www.boehringer-ingelheim.com Gene Logic Overview Gene Logic Inc. is a leading provider of genomic information, enabling the discovery and development of pharmaceutical, biotechnology, health care, and life science products through the systematic and industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. application of genomics and bioinformatics. Gene Logic has built and is commercializing the world's most comprehensive survey of gene expression in human and animal tissues. Gene expression, which is the degree to which genes in a cell are switched on or off, or regulated, is information critical to understanding the functions of genes. Gene Logic markets two types of gene expression database products to the global pharmaceutical, biotechnology, health care and life science industries: its custom databases and related software products and the GeneExpress(R) Suite of databases. The GeneExpress(R) Suite can be used to discover and validate novel drug targets, develop and prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. therapeutic compounds and facilitate clinical trials and patient management. Today, a number of 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. uses Gene Logic's various gene expression products for drug discovery, predictive toxicology toxicology, study of poisons, or toxins, from the standpoint of detection, isolation, identification, and determination of their effects on the human body. Toxicology may be considered the branch of pharmacology devoted to the study of the poisonous effects of drugs. and diagnostic applications. For more information about Gene Logic, visit the company's Web site at www.genelogic.com or telephone toll-free on 1-800-GENELOGIC. All statements in this press release that are not historical are considered 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. within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Gene Logic's "expectations," "beliefs," "goals," "hopes," "strategies," or the like. Such statements are subject to risks and uncertainties that could cause actual results to differ materially for Gene Logic from those projected, including, but not limited to, risks and uncertainties relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc technological approaches, product development, production, market acceptance, cost and pricing of Gene Logic products, utility of genomic information in drug discovery and development, dependence on collaborative partners, sole source suppliers, competition, ability to sign new subscribers, customer renewals and terminations, intellectual property of Gene Logic and others, and patent protection and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . These and other risk factors are discussed in Gene Logic's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and Gene Logic's other SEC reports, including its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . Gene Logic 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 Gene Logic's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion