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QIAGEN Gains Rights to Genomic Biomarkers for Lung, Brain and Other Cancers to Expand its Pipeline of Companion Diagnostics
Date:1/9/2012

HILDEN, Germany and GERMANTOWN, Maryland, January 10, 2012 /PRNewswire/ --

 

  • Licenses diagnostic rights for ALK (anaplastic lymphoma kinase) gene, a promising target for novel class of lung cancer drugs, from Insight Genetics, Inc.

  • Acquires rights for diagnosis of IDH1/IDH2 mutations in brain gliomas, acute myelogenous leukemia and other cancers from Personal Genome Diagnostics Inc.

  • Diagnostic tests for these biomarkers are expected to be developed and commercialized for use as prognostic tools or as companion diagnostics for new anticancer drugs

QIAGEN (NASDAQ: QGEN; Frankfurt, Prime Standard: QIA) today announced two agreements with U.S. biotech companies to acquire worldwide exclusive rights to biomarkers that are expected to play an important role in personalized treatment of various cancers.

QIAGEN has entered into a strategic co-development partnership and licensing agreement with Insight Genetics, Inc. of Nashville, Tennessee, for a genetic test covering the ALK (anaplastic lymphoma kinase) biomarker, a promising target for a novel class of lung cancer drugs.

Through a separate agreement between its 89% subsidiary Ipsogen and Personal Genome Diagnostics Inc., of Baltimore, Maryland, QIAGEN has also acquired worldwide exclusive rights to testing for mutations of the IDH1 and IDH2 genes - which are believed to play a role in brain cancers, acute myelogenous leukemia (AML) and certain other malignancies.

"These two new agreements add to our significant activities in further expanding our broad portfolio of novel and relevant biomarkers that can drive personalized healthcare. QIAGEN is a global leader in the emerging market for companion diagnostics, whic
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SOURCE QIAGEN N.V.
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