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Transgenomic, Inc. Executes License Option agreement for Parkinson's Disease Diagnostic Markers with Gene Solutions, LLC
Date:12/17/2009

nt at a very low level, in the range of 1% of mtDNA molecules, making identification of them very difficult with usual mutation detection methods.

"Transgenomic has historically been focused on high-sensitivity mutation detection and more recently we have developed a strong mitochondrial DNA mutation service in our CLIA-certified laboratory," said Craig Tuttle, Chief Executive Officer. "As a result, there is an extremely natural fit with Gene Solutions' Parkinson's disease mutations discovery and an exciting commercial opportunity to transform this observation into a powerful and necessary diagnostic product. In addition, we see potential application for COLD-PCR, a technology licensed exclusively from the Dana Farber Cancer Institute for applications to mitochondrial DNA mutation enrichment and detection."

Dr. W. Davis Parker, discoverer of the variants and founder of Gene Solutions, said "We are delighted to form a partnership with Transgenomic to evaluate their broad technology platform's ability to detect the Parkinson's disease mutations and to develop a diagnostic product that could enrich the lives of many patients through earlier diagnosis and treatment of this devastating disease."

About Gene Solutions

Gene Solutions, LLC is an early-stage discovery and development company based in Charlottesville, VA, focused on genetic causes and potential cures for selected neurological diseases. The company's key intellectual property and discovery platform is based on more than 25 years of validated research conducted by the founder, Dr. William Davis Parker.

About Transgenomic

Transgenomic, Inc. (OTC BB: TBIO.OB, www.transgenomic.com) is a global biotechnolo
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SOURCE Transgenomic, Inc.
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