Hayward, California
October 6, 1999Lynx Therapeutics, Inc. today announced the signing of a
research collaboration on September 30, 1999, with Hoechst
Schering AgrEvo GmbH (AgrEvo). AgrEvo will receive access to Lynxs DNA analysis
technologies for the study of certain plants, with the aim of developing new crop
varieties and other agricultural products. Over the term of this agreement, Lynx could
receive over $25 million for the performance of various DNA analyses, the delivery of
genomic maps of certain plants, and milestone payments and licensing fees related to the
discovery of trait-associated single nucleotide polymorphisms (SNPs) for the subject
plants.
"We are pleased that AgrEvo has decided to make Lynxs technology platform an
integral part of their discovery program," said Dr. Norrie Russell, President and
Chief Executive Officer of Lynx. "We see this as a great opportunity for both
companies. Lynx will expand its presence in the agricultural genomics field and further
demonstrate the power of its large-scale DNA analysis technologies and their applicability
in multiple genomics fields. At the same time, AgrEvo should benefit from the expected
significant time and cost advantages of using our technologies in discovering
trait-associated SNPs and constructing high-resolution physical maps for use in developing
improved varieties of commercially important crops."
This new collaboration focuses primarily on Lynxs Megatype and mapping
technologies. Megatype technology enables the comparison of the collected genomes of
two populations and the detection and recovery of DNA fragments containing SNPs that
distinguish the two populations. Lynxs mapping technologies could potentially
analyze any genome for a particular subset of signature sequences and, from these,
construct a physical map. Additionally, Lynx will continue to provide AgrEvo with access
to its other technologies, which are designed to
analyze gene expression: Megasort , and Massively Parallel Signature Sequencing
(MPSS®). Megasort technology enables the comparison of two DNA samples and the
physical extraction of those DNA molecules that are present in the samples in different
proportions. MPSS® technology is designed to identify simultaneously nearly all the DNA
molecules expressed in a sample.
Formed in 1992, Lynx has developed, and continues to develop, unique, proprietary
processes aimed at handling and analyzing, simultaneously, very large numbers of DNA
molecules or fragments in complex biological samples. At the core of these processes is
Lynxs Megaclone technology. This is a micro-bead technology that allows both
the simultaneous collection of millions of clones on as any micro-beads, and subsequent
simultaneous manipulation or analyses of these clones. Applications include the physical
extraction of genes (whether known or unknown) that are differentially expressed between
samples (Megasort technology), the characterization of gene expression within a
sample by Massively Parallel Signature Sequencing (MPSS®) technology, and a novel, highly
efficient means for genotyping very large numbers of genetic markers or single nucleotide
polymorphisms (SNPs), simultaneously, against large populations of genomes (Megatype
technology).
Company news release
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