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Gen-Probe and Novartis Agree to Extend and Expand Blood Screening Collaboration
Date:1/27/2009

- Companies Will Work Together to Protect World's Supply of Donated Blood from Infectious Diseases Until 2025

- Partners Anticipate Continued Expansion into New Global Markets and Development of Innovative New Products, Including Next-Generation PANTHER Instrument

- Companies Also Plan Exploratory Collaboration in Pharmacogenomics

- Gen-Probe Provides Preliminary 2009 Financial Guidance Including Additional Revenue and Profit from Agreement

SAN DIEGO, Jan. 27 /PRNewswire-FirstCall/ -- Gen-Probe (Nasdaq: GPRO) announced today that it has agreed to extend and expand its blood screening collaboration with Chiron, a Novartis (NYSE: NVS) business, ensuring the companies will work together to develop and commercialize molecular technologies that safeguard the world's donated blood supply until the year 2025.

"Extending and expanding our agreement with Novartis enables us to continue providing innovative nucleic acid tests that protect the world's blood supply from dangerous pathogens, while benefiting from our partner's extensive global commercial presence," said Hank Nordhoff, Gen-Probe's chairman and chief executive officer. "At the same time, it enables us to deliver significant additional economic value to our shareholders while minimizing financial and operational risk and potential disruption to an outstanding business."

Since 1998, Gen-Probe and Novartis have developed, manufactured and commercialized nucleic acid tests and instrumentation that have been used by blood banks to screen more than 125 million blood donations in the United States alone. These tests have intercepted thousands of units of blood that were infected with HIV-1, hepatitis C and B, and West Nile v
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SOURCE Gen-Probe Incorporated
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