Chemicon International and Cellumen Announce an R & D Agreement to Commercialize a Systems Cell Biology Approach to Cytotoxicity Profiling in Drug Discovery.ATLANTA -- Serologicals Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SERO SERO Southeast Regional Office SERO Sekundaerrohstoffe (recycling, former GDR) SERO Syringe Exchange Resources Online SERO System Engineering/Engineer Release Order SERO Site Emergency Response Organisation (nuclear) ) announced today that Chemicon International, Inc., its wholly-owned subsidiary, has entered into a research and development agreement with Cellumen, Inc., to commercialize a cytotoxicity cytotoxicity /cy·to·tox·ic·i·ty/ (si?to-tok-sis´i-te) the degree to which an agent possesses a specific destructive action on certain cells or the possession of such action. profiling panel and services designed with Chemicon and Upstate's market-leading cellular assay reagents and Cellumen's system cell biology Cell biology The study of the activities, functions, properties, and structures of cells. Cells were discovered in the middle of the seventeenth century after the microscope was invented. approach. Chemicon will focus on the development and production of the resulting assays and panels, while Cellumen will focus on their use in profiling services and knowledge generation. The companies will jointly market these solutions to the pharmaceutical industry. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]"We are pleased to combine our expertise in reagent technologies with the systems cell biology approach being pioneered by Cellumen," stated Jeffrey D. Linton, President of Chemicon and Upstate, which comprise Serologicals' Research Segment. "The use of cellular systems to profile toxic responses at the earliest stages in drug development will enhance the ability of our Pharmaceutical customers to select appropriate compounds for further development and represents a major opportunity to address the attrition rate Noun 1. attrition rate - the rate of shrinkage in size or number rate of attrition rate - a magnitude or frequency relative to a time unit; "they traveled at a rate of 55 miles per hour"; "the rate of change was faster than expected" in the process. We are committed to bringing the highest quality reagents and services to the life sciences market to address the major challenges in basic research, and drug development." E[acute accent]"Systems cell biology is the study of the cell as the basic unit of life: an integrated and interacting network of genes, proteins and biochemical reactions which give rise to functions and life," stated D. Lansing Taylor, Ph. D., CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cellumen, Inc. "Cytotoxicity must be viewed as a systems response and not just the response of a few cellular constituents. There is great potential to have a systems cell biology profile that will be predictive of the human toxic response. This is a major challenge in the drug development process." E[acute accent]Chemicon International, Inc. offers a broad range of research products, including specialty reagents, kits, antibodies, and custom products and services, to customers working in the areas of neuroscience, stem cell stem cell In living organisms, an undifferentiated cell that can produce other cells that eventually make up specialized tissues and organs. There are two major types of stem cells, embryonic and adult. biology, cancer, and infectious disease Infectious disease A pathological condition spread among biological species. Infectious diseases, although varied in their effects, are always associated with viruses, bacteria, fungi, protozoa, multicellular parasites and aberrant proteins known as prions. research. It is also a leading supplier of monoclonal antibodies This is a list of monoclonal antibodies, antibodies which are clones of a single parent cell. When used as medications, the generic names end in -mab (see "Nomenclature of monoclonal antibodies"). , conjugates, antibody blends and molecular-based detection kits for use in diagnostic laboratories. Chemicon focuses on basic and biomedical research, drug discovery, and diagnostics, allowing it to serve thousands of customers worldwide in the academic, clinical, biotechnology, and pharmaceutical sectors. Acquired in 2003, Chemicon is a Serologicals company, based in Temecula, CA. E[acute accent]For more information, please visit our website: www.chemicon.com E[acute accent]Serologicals Corporation (NASDAQ: SERO), headquartered in Atlanta, GA, is a global leader in developing and commercializing consumable biological products, enabling technologies and services in support of biological research, drug discovery, and the bioprocessing of life-enhancing products. Our customers include researchers at major life science companies and leading research institutions involved in key disciplines, such as neurology, oncology, hematology, immunology, cardiology, proteomics, infectious diseases, cell signaling and stem cell research. In addition, Serologicals is the world's leading provider of monoclonal antibodies for the blood typing blood typing Classification of blood by inherited antigens associated with erythrocytes (red blood cells). The ABO blood-group system and Rh blood-group system are among those most commonly considered. industry. Serologicals employs a total of more than 1,000 people worldwide in three Serologicals' companies: Chemicon International, headquartered in Temecula, CA, Upstate Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , headquartered in Charlottesville, VA, and Celliance Corporation, headquartered in Atlanta, GA. E[acute accent]For more information, please visit our website: www.serologicals.com E[acute accent]About Cellumen Inc.: Cellumen is a systems cell biology company that performs collaborative discovery programs with pharmaceutical, biotechnology and personalized medicine companies. Powerful cellular models of disease and integrated function are created using proprietary reagents that measure and manipulate cellular constituents. The systems cell biology approach integrates high throughput and high content analyses with proprietary informatics tools to create a profile of systemic function and dysfunction. E[acute accent]For more information, please visit www.cellumen.com E[acute accent]This release contains certain forward-looking statements within the meaning of 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. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project" or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. You should not place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and the Company undertakes no obligation to update these statements based on events that may occur after the date of this press release. E[acute accent]Serologicals is a registered trademark of Serologicals Royalty Company. |
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