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Press release news from the public relations clients of Tiziani Whitmyre, Inc.

Posts Tagged ‘single-cell analysis’


Thursday, February 18th, 2010

RainDance and Life Technologies Co-Market Microdroplet PCR-Based Enrichment for Targeted Resequencing on the SOLiD System

rdt-702290LEXINGTON, MASSACHUSETTS, U.S.A., February 18, 2010 RainDance Technologies, Inc., a leading provider of innovative microdroplet-based solutions for human health and disease research, and Applied Biosystems, part of Life Technologies Corporation (NASDAQ: LIFE), announced today they have entered into a strategic agreement to co-market the first solution that combines microdroplet PCR-based sequence enrichment with next-generation sequencing.

Under the terms of the agreement, the companies will co-market RainDance’s RDT 1000 Sequence Enrichment Solution with Applied Biosystems SOLiDTM System, a next-generation high-throughput DNA analysis platform. The integration of the two technologies will enable researchers to perform highly efficient, large-scale targeted sequencing studies with the superior quality and accuracy of results associated with PCR-based DNA amplification. In addition, the companies will continue to collaborate on the application of RainDance products in the SOLiD System sequencing workflow.

PCR is the gold standard for sequence enrichment and we’re pleased to provide a microdroplet PCR-based solution that works seamlessly with the SOLiD System,” said Christopher McNary, Chief Commercial Officer, RainDance Technologies. “Now researchers can perform high-resolution analysis of genetic variation by combining the high degree of sample uniformity and reduced selection bias of PCR-based enrichment with the greater accuracy, efficiency, and throughput of the SOLiD platform. Using RainDance Technologies, researchers will be able to detect substantially higher numbers of variants in the targeted sequences than have been demonstrated with alternative approaches using less precise capture methods,” McNary said.

“By partnering with RainDance Technologies, we can provide scientists with a sequence enrichment solution that leverages the quality and accuracy of PCR, enabling studies of hundreds to thousands of samples — with the high degree of accuracy associated with SOLiD System technology,” said Shaf Yousaf, President, Genomic Analysis, Life Technologies.

TGEN Validates RainDance-SOLiD Solution

The Translational Genomics Research Institute (TGEN) of Phoenix, Arizona, was among the first to couple the RainDance Sequence Enrichment Solution with ABI’s SOLiD sequencing technology. TGEN utilized the integrated workflow to identify root cause mutations in disease candidate genes and pathways.

“The RainDance and SOLiD technology worked smoothly and offered superb coverage and accuracy,” said John Carpten, Ph.D., Senior Investigator and Director, Integrated Cancer Genomics Division, TGEN. Dr. Carpten’s work is focused in search of germline variants associated with cancer risk, and somatic mutations occurring in both solid tumors and hematological malignancies.

“We have successfully interrogated specific regions of the genome and identified novel somatic mutations in normal/tumor pairs within a relatively short period of time. We are looking forward to expanding our use of both the RainDance and SOLiD platforms to other large-scale resequencing projects,” said Dr. Carpten. “Our hope is that these tools will allow us to efficiently interrogate specific regions of the cancer genome, which in turn will ultimately lead to an increased understanding of cancer development. Our ultimate hope is translation of these findings for improved patient care.”

About RainDance Technologies, Inc.

RainDance’s proprietary technology platform delivers exquisite sensitivity and data quality that inspires scientists, researchers and clinicians to rethink the way they design experiments, approach discovery, or conduct clinical diagnostics. The core RainStorm™ technology empowers customers to conduct de novo science in an ultra-high throughput, simple, flexible, and low-cost manner. RainDance’s commercial products include instruments and high-value consumables and reagents for sequence enrichment for next-generation sequencing, ultra-deep sequencing, and methylation analysis. RainDance sells directly in the U.S. and in Europe, and is building distribution networks in Europe and Asia-Pacific. RainDance Technologies has approximately 70 employees worldwide. For more information, please visit www.raindancetech.com.

RainStorm is a trademark of RainDance Technologies, Inc.


About Life Technologies

Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology tools company dedicated to improving the human condition. Our systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. Life Technologies had sales of more than $3 billion in 2008, employs approximately 9,500 people, has a presence in more than 100 countries, and possesses a rapidly growing intellectual property estate of approximately 3,600 patents and exclusive licenses. Life Technologies was created by the combination of Invitrogen Corporation and Applied Biosystems Inc. For more information on how we are making a difference please visit our website: www.lifetechnologies.com. Follow Life Technologies on Twitter @LIFECorporation and on Facebook.

Life Technologies’ Safe Harbor Statement

This press release includes forward-looking statements about Life Technologies’ anticipated results that involve risks and uncertainties. Some of the information contained in this press release, including, but not limited to, statements as to industry trends and Life Technologies’ plans, objectives, expectations and strategy for its business, contains forward-looking statements that are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Any statements that are not statements of historical fact are forward-looking statements. When used, the words “believe,” “plan,” “intend,” “anticipate,” “target,” “estimate,” “expect” and the like, and/or future tense or conditional constructions (“will,” “may,” “could,” “should,” etc.), or similar expressions, identify certain of these forward-looking statements. Important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in filings made by Life Technologies with the Securities and Exchange Commission. Life Technologies undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances.

For Research Use Only. Not for use in diagnostic procedures.

Copyright 2009. Life Technologies Corporation. All rights reserved. AB (Design), and Applied Biosystems are registered trademarks and SOLiD are trademarks of Life Technologies or its subsidiaries in the United States and/or certain other countries.

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Public Relations contact, Boston: Tiziani Whitmyre Inc., http://www.tizinc.com/public-relations

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Wednesday, February 3rd, 2010

RainDance Technologies Appoints S. Roopom Banerjee as President and Chief Executive Officer

rdt-702290

Disruptive platform technology enables greater speed, sensitivity, and simplicity for single-cell analysis to accelerate breakthroughs in human health and disease research and diagnostics

LEXINGTON, MASSACHUSETTS, U.S.A – February 3, 2010 – RainDance Technologies Inc., the leader in sequence enrichment and single-cell analysis, today announced that the Board of Directors has appointed Sirshendu Roopom Banerjee as President and Chief Executive Officer. RainDance Technologies provides innovative microdroplet-based solutions that accelerate research and development for human healthcare and industrial markets. The company provides resolution of molecular, biological, and physiological events from large population samples to unprecedented single-cell analysis, all inside a contained microenvironment that enables quantification, single-molecule sensitivity, and preserves sample integrity with no bias or contamination.

About the appointment, RainDance Director and Managing Partner of Mohr Davidow Ventures Bill Ericson said, “Roopom brings a depth of knowledge and is highly respected in the life science tools and diagnostics industry. Roopom’s leadership will enable us to further accelerate the momentum built over the last few years in the adoption of our highly innovative RainStorm™ technology, as well as sharpen our focus on new product and technology opportunities in the fields of sequence enrichment and single-cell analysis.”

Most recently, Mr. Banerjee was a Director of Healthcare Investment Banking at Leerink Swann, where he led the Life Science Tools and Diagnostics sector. Previously, Mr. Banerjee was with McKinsey and Goldman Sachs advising Fortune 500 healthcare companies globally on corporate and growth strategy, product development and launch strategy, international expansion, and mergers and acquisitions. Mr. Banerjee has successfully completed over 50 transactions, including private placements, IPOs, Followons, PIPE/RDs, and fixed income as well as mergers and acquisitions.

Earlier in his career, Mr. Banerjee worked at the Dana Farber Cancer Institute, the Whitehead Institute/M.I.T. Human Genome Project, and at the Massachusetts General Hospital Cancer Center. Mr. Banerjee holds an M.P.P. from the Kennedy School of Government at Harvard University and dual B.S. degrees in Biology and Economics from M.I.T., where he was elected a Howard Hughes Medical Institute Scholar.

“This is a significant time to join RainDance, with the company experiencing breakthrough sales growth. We are seeing strong customer demand for our novel products in sequence enrichment, such as rare variant analysis, as well as future applications in methylation and ultra-deep sequencing. RainDance is truly platform-agnostic and capitalizing on the explosive growth across next-generation sequencing,” said Banerjee. “Beyond sequence enrichment, we have demonstrated unique capabilities in digital PCR as well as protein, antibody, and single-cell applications. I am excited to be joining a high-caliber team with a proven track record of execution in these areas.”
Christopher McNary, who has served RainDance as CEO since November 2007, will join Mr. Banerjee on the senior executive team as Chief Commercial Officer and will focus on moving the company into high-growth commercialization. Mike Hunkapiller, General Partner at Alloy Ventures and Director at RainDance said, “Chris has brought strong leadership and operating experience to guide RainDance from technology-stage through commercial launch of our flagship RDT 1000 product. We are excited that Chris is turning his focus to leading the commercial charge for RainDance. RainDance is uniquely poised to unlock large latent markets and address unmet customer needs for single-cell analysis.”

About RainDance Technologies

RainDance Technologies’ proprietary technology platform delivers exquisite sensitivity and data quality that inspires scientists, researchers, and clinicians to rethink the way they design experiments, approach discovery, or conduct clinical diagnostics. The core RainStorm technology empowers customers to conduct de novo science in an ultra-high throughput, simple, flexible, and low-cost manner. RainDance’s commercial products include instruments and high-value consumables and reagents for sequence enrichment for next-generation sequencing, ultra-deep sequencing, and methylation analysis. RainDance sells directly in the U.S. and in Europe, and is building distribution networks in Europe and Asia-Pacific. RainDance Technologies, with headquarters in Lexington, Massachusetts, and a European sales office in the United Kingdom, has approximately 70 employees worldwide. For more information, please visit www.raindancetech.com.

RainStorm is a trademark of RainDance Technologies, Inc.

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