RainDance Technologies Signs a Collaboration Agreement with sanofi-aventis and Louis Pasteur University to Launch dScreen Consortium within ALSACE BIOVALL...( LEXINGTON Mass. Sept. 29 /- RainD...)

LEXINGTON, Mass., Sept. 29 /PRNewswire-FirstCall/ -- RainDance Technologies announced today the launch of the dScreen Consortium, a research initiative conducted with sanofi-aventis, Paris (EURONEXT: SAN and NYSE: SNY), and Louis Pasteur University of Strasbourg, France, to develop the next generation of high-throughput screening (HTS) for drug discovery applications. The consortium was founded with the assistance of the ALSACE BIOVALLEY(TM) cluster, France, which helped secure financing and support for the program. The expected gains in terms of productivity and knowledge should accelerate the drug discovery programs.

The dScreen Consortium assembles the renowned drug screening expertise of sanofi-aventis, the unique expertise in droplet-based micro reactors of the Chemical Biology Laboratory at the Institute for Science and Supramolecular Engineering (ISIS) in Louis Pasteur University, and RainDance Technologies' unique capabilities to apply droplet-based microfluidic technologies to human health and disease research.

"We are delighted to enter this partnership with two highly innovative research groups in this rapidly advancing field," said Martin Galvan Ph.D., Scientific Director at the sanofi-aventis research site in Strasbourg. "The expected gains in terms of productivity and knowledge should significantly accelerate our drug discovery programs."

Based in the Alsace Biovalley in Strasbourg, the consortium will utilize the picoliter volumes and ultra-high-speed capabilities of RainDance's technology and systems to achieve breakthrough performance in high-throughput drug screening methodologies.

"This exciting project represents the first research collaboration undertaken by our new RainDance Technologies France SARL subsidiary," said Chris McNary, President and Chief Executive Officer of RainDance Technologies. "The simplicity, speed and minute volume of our technology replace current complex automation solutions in high-throu
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