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WaferGen and Integrated BioBank of Luxembourg (IBBL) Sign Strategic Agreement for Molecular Diagnostic Research Collaboration and Purchase of SmartChip System
Date:12/16/2010

FREMONT, Calif. and LUXEMBOURG, Dec. 16, 2010 /PRNewswire-FirstCall/ -- WaferGen Biosystems, Inc. (OTC Bulletin Board: WGBS), a leading developer of state-of-the-art genomic analysis systems, and the Integrated BioBank of Luxembourg (IBBL) today announced an agreement to establish a strategic relationship that will expand the use of the WaferGen SmartChip Real-Time PCR system throughout Europe and advance personalized medicine.  

The agreement includes:

  • The purchase of a SmartChip Real-Time PCR system by IBBL to provide genomic analysis services for its own research programs and to other groups in Europe.  IBBL will use the SmartChip system for discovery and validation of gene expression patterns (biomarkers) on a single platform.
  • The two organizations will co-develop molecular signatures for filing and approval in Europe for diagnostic research and commercial applications, based on the planned International Organization for Standardization (ISO) status of IBBL.
  • The two organizations will pursue a research partnership in cancer and other areas of interest with the goal of furthering the development of treatment and therapies.
  • The two organizations will offer SmartChip Gene-Expression Profiling services in Europe using the SmartChip system.

  • In addition, WaferGen will establish its European Headquarters at the IBBL facilities in the very near future.  WaferGen is locating its European Headquarters in Luxembourg as part of an agreement with the Luxembourg Government, which has recently launched a biomedical initiative to harness genomics technologies for the study of human health problems and grow Luxembourg's personalized medicine capabilities.

    "IBBL requires an analytical product that is quantitative, reproducible and provides high sample throughput at a reasonable cost," said Dr. Robert A. Phillips, Chief Exec
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    SOURCE WaferGen Biosystems, Inc.
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