GE Healthcare Grants License for Biomagnetic Isolation of Nucleic Acids to NorDiag ASA
News May 04, 2007
GE Healthcare, a unit of General Elecrtic has announced that it has completed a license agreement with NorDiag ASA, granting NorDiag ASA access to GE Healthcare patents for the biomagnetic isolation of nucleic acids.
The license, which is valid for the lifetime of the patents, grants NorDiag ASA certain rights with respect to the isolation and purification of nucleic acids using GE Healthcare's magnetic separation technology.
GE Healthcare's patented methods for magnetic separation offer advantages over conventional techniques for the isolation and purification of biomolecules such as DNA and RNA from laboratory and clinical samples.
In particular, the proprietary protocols will allow diagnosis from smaller-volume patient samples because they increase the yield of nucleic acid from disease-causing pathogens isolated from patient samples.
"This license recognizes the considerable value that our biomagnetic isolation technology can bring to the diagnosis of infectious diseases," said Eric Roman, General Manager, Genomic Sciences, GE Healthcare.
"We are pleased to grant NorDiag ASA access to our patents in this area, which will allow them to commercialise products that can isolate nucleic acids from difficult clinical samples," Roman added.
"The license from GE Healthcare is important for us since it enables us to widen our portfolio of products for clinical diagnostics," said Marten Wigstol, CEO, NorDiag. "It also shows shareholders that we have the capability to bring in external technologies from large players such as GE Healthcare to strengthen our technology base."
GE Healthcare has an active program to grant licenses for access to its patents for biomagnetic isolation. Financial terms were not disclosed.