Navigation Links
QIAGEN and Roche Settle Dispute Over Distribution Agreement for TheraScreen Companion Diagnostics
Date:5/26/2010

    GERMANTOWN, Maryland and HILDEN, Germany, May 26, 2010
/PRNewswire-FirstCall/ -- QIAGEN N.V. (NASDAQ: QGEN [
http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=QGEN&selected=QGEN ];
Frankfurt, Prime Standard: QIA [
http://www.boerse-frankfurt.de/DE/index.aspx?pageID=35&ISIN=NL0000240000 ])
today announced that it has signed an agreement with Roche Molecular Systems
Inc., a unit of Roche Holding AG (ROG.VX [
http://www.reuters.com/finance/stocks/overview?symbol=ROG.VX ]), resolving a
dispute over distribution rights for a set of companion diagnostic products
developed and manufactured by QIAGEN's Manchester subsidiary DxS Ltd.
Subsequently, the parties withdrew their claims filed against one another in
the action that was pending in the US District Court for the Southern
District of New York.

Under the terms of the agreement, Roche maintained its rights to distribute the two assays it currently distributes (KRAS and EGFR) under the DxS TheraScreen(R) label and, under certain conditions, to distribute future versions thereof. QIAGEN obtained rights to distribute these assays under the QIAGEN label and also obtained exclusive distribution rights for all other assays, including future assays, developed and manufactured at QIAGEN's Manchester subsidiary. QIAGEN intends to use the QIAGEN TheraScreen(R) label for the assays it distributes. QIAGEN also granted Roche the option to extend the term of the distribution agreement for one of the assays, the TheraScreen(R) EGFR assay, beyond the term of this agreement which ends in 2011.

"We are pleased to have reached this agreement with Roche", said Peer Schatz, CEO of QIAGEN. "The agreement provides a clear distribution plan for QIAGEN's pioneering TheraScreen(R) companion diagnostics. Companion diagnostics help physicians to customize therapies, greatly reduce healthcare costs and prevent harmful treatments for patients suffering from serious diseases."

"We are pleased to maintain our distribution agreement and to continue to provide access to DxS TheraScreen companion diagnostics that have the potential to improve cancer patient care," said Paul Brown, Ph.D., President and CEO of Roche Molecular Systems.

Background:

Personalized healthcare approaches are based on patients' molecular profiles and already play an increasingly important role for the treatment of cardiovascular and neurological diseases and - most prominently - cancer. The number of molecular markers for various therapies and indications has been increasing steadily. Today, there are already 32 genomic biomarkers identified by FDA in the context of FDA-approved drug labels. In the last ten years the market for personalized healthcare drugs exceeded US$ 13 billion, reflecting a CAGR of 24%.

About QIAGEN

QIAGEN N.V., a Netherlands holding company, is the leading global provider of sample and assay technologies. Sample technologies are used to isolate and process DNA, RNA and proteins from biological samples such as blood or tissue. Assay technologies are used to make such isolated bio-molecules visible. QIAGEN has developed and markets more than 500 sample and assay products as well as automated solutions for such consumables. The company provides its products to molecular diagnostics laboratories, academic researchers, pharmaceutical and biotechnology companies, and applied testing customers for purposes such as forensics, animal or food testing and pharmaceutical process control. QIAGEN's assay technologies include one of the broadest panels of molecular diagnostic tests available worldwide. This panel includes the digene HPV Test, which is regarded as a "gold standard" in testing for high-risk types of human papillomavirus (HPV), the primary cause of cervical cancer, as well as a broad suite of solutions for infectious disease testing and companion diagnostics. QIAGEN employs more than 3,500 people in over 30 locations worldwide. Further information about QIAGEN can be found at http://www.qiagen.com/.

About Roche

Headquartered in Basel, Switzerland, Roche is a leader in research-focused healthcare with combined strengths in pharmaceuticals and diagnostics. Roche is the world's largest biotech company with truly differentiated medicines in oncology, virology, inflammation, metabolism and CNS. Roche is also the world leader in in-vitro diagnostics, tissue-based cancer diagnostics and a pioneer in diabetes management. Roche's personalized healthcare strategy aims at providing medicines and diagnostic tools that enable tangible improvements in the health, quality of life and survival of patients. In 2009, Roche had over 80,000 employees worldwide and invested almost 10 billion Swiss francs in R&D. The Group posted sales of 49.1 billion Swiss francs. Genentech, United States, is a wholly owned member of the Roche Group. Roche has a majority stake in Chugai Pharmaceutical, Japan. For more information: http://www.roche.com.

Certain of the statements contained in this news release may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. To the extent that any of the statements contained herein relating to QIAGEN's products, markets, strategy or operating results are forward-looking, such statements are based on current expectations that involve a number of uncertainties and risks. Such uncertainties and risks include, but are not limited to, risks associated with management of growth and international operations (including the effects of currency fluctuations and risks of dependency on logistics), variability of operating results, the commercial development of the applied testing markets, clinical research markets and proteomics markets, nucleic acid-based molecular diagnostics market, and genetic vaccination and gene therapy markets, competition, rapid or unexpected changes in technologies, fluctuations in demand for QIAGEN's, products (including fluctuations due to the level and timing of customers' funding, budgets, and other factors), our ability to obtain regulatory approval of our infectious disease panels, difficulties in successfully adapting QIAGEN's products to integrated solutions and producing such products, the ability of QIAGEN to identify and develop new products and to differentiate its products from competitors' products, market acceptance of QIAGEN's new products and the integration of acquired technologies and businesses. For further information, refer to the discussions in reports that QIAGEN has filed with, or furnished to, the U.S. Securities and Exchange Commission (SEC).

    Contacts:

    Investor Relations QIAGEN:

    Dr. Solveigh Mahler
    Director Investor Relations
    QIAGEN N.V.
    +49-2103-29-11710
    e-mail: solveigh.maehler@qiagen.com

    Albert F. Fleury
    Investor Relations North America
    QIAGEN N.V.
    +1-301-944-7028
    e-mail: albert.fleury@qiagen.com

    Public Relations QIAGEN:

    Dr. Thomas Theuringer
    Director Public Relations
    QIAGEN GmbH
    +49-2103-29-11826
    email: thomas.theuringer@qiagen.com

    For US Media, Roche Molecular Systems:

    Karin Bauer
    Corporate Communications
    Roche Molecular Systems
    Pleasanton, California
    +1-925-730-8114
    email: karin.bauer.kb2@roche.com

    For EU Media, Roche:

    Claudia Schmitt
    Corporate Communications
    Roche
    Basel, Switzerland
    +41-61-688-8888
    claudia.schmitt.cs2@roche.com



'/>"/>
SOURCE Qiagen
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. QIAGEN Acquires Comprehensive Portfolio of Molecular Food Safety Tests
2. QIAGEN Acquires Exclusive Licence for Key PI3K gene
3. QIAGENs New Product Line, QIAsafe(R) DNA Blood, has Been Co-Developed With Biomatrica and is Based on Biomatricas SampleMatrix(R) Technology
4. Webcast of QIAGEN N.V.s (Nasdaq: QGEN) Second Quarter 2009 Financial Results Call Set for August 11
5. Plexus Awarded Development Contract With QIAGEN
6. QIAGEN and Chittaranjan National Cancer Institute Partner to Establish First Large-Scale Cervical Cancer Screening Program in Kolkata
7. Webcast of QIAGEN N.V.s (Nasdaq: QGEN) Fourth Quarter and Year-End 2008 Financial Results Call Set for February 10
8. QIAGEN Welcomes 3,000th Employee in 20th year of U.S. Operations
9. SciQuest Announces Strategic Alliance with QIAGEN
10. Webcast of QIAGEN N.V.s (Nasdaq: QGEN) Second Quarter 2008 Financial Results Call Set for August 5
11. Webcast Alert: QIAGEN N.V. Announces First Quarter 2008 Earnings Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... --> ... oncology company developing next generation cancer therapeutics that ... that chairman emeritus of Tata Sons Limited, Mr ... as part of the first close of Invictus,s ... Capital and Aarin Capital. http://photos.prnewswire.com/prnh/20150923/766442 ) ...
(Date:2/8/2016)... ... ... Information Management Services ( IMS ) is pleased to announce a major ... foundation and is so significant it was endowed with a new name, BSI Engage. ... results, a streamlined layout and a more intuitive format for navigating the system. ...
(Date:2/8/2016)... has an active R&D program for the development of future ... has a unique research and development center in ... Control products. Stockton has a variety ... guidelines, and is active in more than 35 counties worldwide. ... Stockton,s flagship product Timorex Gold ® is ...
(Date:2/6/2016)... ... February 06, 2016 , ... Contact:, Abby Mitchell, Communications ... in Education Sponsors Teacher Training Program , Bite of Science Dinner Event to ... for Excellence in Education (CEE) will sponsor a Bite of Science professional enrichment ...
Breaking Biology Technology:
(Date:2/2/2016)... RESTON, Va. , Feb. 2, 2016 /PRNewswire/ ... contract award from the U.S. Army Research Office ... extend the range and sensitivity of the company,s ... DoD,s Past Accounting Mission and, more generally, defense-related ... its DNA phenotyping capabilities (predicting appearance and ancestry ...
(Date:1/28/2016)... (NASDAQ: SYNA ), a leading developer of human interface solutions, ... 2015. --> --> Net ... compared to the comparable quarter last year to $470.5 million. Net ... or $0.93 per diluted share. --> ... fiscal 2016 grew 9 percent over the prior year period to ...
(Date:1/22/2016)... 2016 http://www.researchandmarkets.com/research/p74whf/global_biometrics ... "Global Biometrics Market in Retail Sector ... --> http://www.researchandmarkets.com/research/p74whf/global_biometrics ) has announced ... Market in Retail Sector 2016-2020" report ... Research and Markets ( http://www.researchandmarkets.com/research/p74whf/global_biometrics ) has ...
Breaking Biology News(10 mins):