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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

utive Officer, IBBL.  "With the SmartChip system's ability to run hundreds of samples or thousands of genes on a single chip, we can perform signature validation in just two hours, which means faster cycle times and reduced costs."

Alnoor Shivji, Chairman and Chief Executive Officer, WaferGen, said, "This strategic relationship with IBBL, a world class biobank that collects, analyzes and stores samples, enables WaferGen to access best-annotated patient samples for future diagnostic products.  It also establishes a beach-head in Europe to unlock the short- and long-term revenue potential of the WaferGen SmartChip system."

About the Integrated BioBank of Luxembourg (IBBL)The IBBL is a newly founded independent, not-for-profit biobank designed to promote new, high quality research in Luxembourg and to bring the next generation of healthcare to the citizens of Luxembourg. As a world class EU biobank, the IBBL will provide a wide variety of the highest quality samples alongside cutting-edge technology in order to stimulate the development of new biotechnology companies to Luxembourg.  

The mission of the IBBL is to be an international center of excellence for biobanking, a leader in biospecimen research and a partner in the introduction of personalized medical care in Luxembourg. The IBBL partners with globally recognized research centers to deliver world-class medical research in personalized medicine, and to address the most critical health issues affecting populations in Luxembourg and around the world. For additional information, please visit www.ibbl.lu.

About WaferGen and the SmartChip Real-Time PCR SystemWaferGen Biosystems, Inc. is a leader in the development, manufacture and sale of state-of-the-art systems for genomic analysis for the life science and pharmaceutical industries.  The company currently offers the breakthrough SmartChip Real-Time PCR system, the next-generation
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SOURCE WaferGen Biosystems, Inc.
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