The Latest Biology News And Medical NewsBiology News 2Health News 2Biology News 3Health News 3
HOME >> BIOLOGY >> NEWS
Perkin-Elmer, Dr. J. Craig Venter, And TIGR Announce Formation Of New Genomics Company

NORWALK, Conn. and ROCKVILLE, Md., May 9, 1998 -- The Perkin-Elmer Corporation (NYSE:PKN), Dr. J. Craig Venter, and The Institute for Genomic Research (TIGR) announced today that they have signed letters of intent relating to the formation by Perkin-Elmer and Dr. Venter of a new genomics company. Its strategy will be centered on a plan to substantially complete the sequencing of the human genome in three years.

The new company's goal is to become the definitive source of genomic and associated medical information that will be used by scientists to develop a better understanding of the biological processes in humans and deliver improved healthcare in the future. Using breakthrough DNA analysis technology being developed by Perkin-Elmer's Applied Biosystems Division, applied to sequencing strategies pioneered by Dr. Venter and others at TIGR, the company will operate a genomics sequencing facility with an expected capacity greater than that of the current combined world output.

Concurrently, the new company also intends to build the scientific expertise and informatics tools necessary to extract valuable biological knowledge from genomic data, including the discovery of new genes, development of polymorphism assay systems, and databases for the scientific community. Perkin-Elmer and Dr. Venter believe that this information has significant commercial value and that the new company can provide this information more rapidly and more accurately than is currently possible.

"The fundamentals of healthcare delivery and medical practice will be transformed by molecular medicine. We believe that the information developed by this new company will become the cornerstone of this new paradigm and accelerate development of new therapies, targeted diagnostics, and individualized medicine - providing therapies tailored specifically to a disease in an individual," noted Tony L. White, Perkin-Elmer's chairman, president and chief executive officer.

Mr. Wh
'"/>

Contact: Timothy Sipols
t.sipols@noonanrusso.com
212-696-4455 ext.272
Noonan/Russo Communications
9-May-1998


Page: 1 2 3 4

Related biology news :

1. Biotechnology Study Center Honors J. Craig Venter, Leonard Bell, and Steven Shak
2. Q & A with Dr. J Craig Venter, July 20th
3. Press availability: J. Craig Venter, Genome Project Chief, available for media inquiries
4. Announcement of the chicken genome sequence and genome variation maps
5. UV Rays, Fire And Flame Retardants To Be Reviewed For Possible Listing As Carcinogens, NTP Announces
6. American Heart Association Announces Top 10 Research Advances For 1998 -- Gene Therapy Among The List
7. Science Announces Top Ten Research Advances Of 1998
8. AAAS Announces The Winners Of Its Science Journalism Awards
9. Researchers Announce Breakthrough In Transgenic Animal Technology
10. Fred Hutchinson Cancer Research Center And Targeted Genetics Announces Issuance Of Braod Patent Covering Antigen-Specific T Cell Expansion
11. Discovery Of Possible New Weight Control Role For Leptin Announced By Yale University School Of Medicine Researchers
Post Your Comments:
(Date:12/1/2008)...rsity of Florida, keeper of the world,s shark atta...rds collection for another toothy marine predator:...or "saw" that makes it a popular curio item and gi...al and cultural icon that is rapidly disappearing,...or of both the International Shark Attack File and...
(Date:12/1/2008)...otanical Garden Press (MBG Press) has published th...ascular plants for the Southern Cone region, the s... Plantas Vasculares del Cono Sur (Catalogue of the...list of the plants of Argentina, southern Brazil, ...ntially a dictionary to the names of all the plant...
(Date:12/1/2008)...008) The basic molecules that make up all living ...ss," similar to the way people are right- or left-... the chemistry and molecular interactions of livin...lementary building blocks of matter is one of the ... at the U.S. Department of Energy,s Argonne Nation...
(Date:12/1/2008)...entory" of sea and land animals around a group of ... biodiversity and has more species than the Galapa...monitor how they will respond to future environmen...l of Biogeography , the team from British Antarcti...hey combed the land, sea and shores of the South O...
Breaking Biology News(10 mins):Endangered sawfish focus of national collection and recovery efforts 2Missouri Botanical Garden publishes first catalogue of plants of the Southern Cone 2Argonne scientists discover possible mechanism for creating 'handedness' in biological molecules 2Nature Medicine study shows Peregrines bavituximab can cure lethal virus infections 5989 1Nature Medicine study shows Peregrines bavituximab can cure lethal virus infections 5989 2Nature Medicine study shows Peregrines bavituximab can cure lethal virus infections 5989 3Society of Insurance Research and Fletcher CSI Create First Forum for Research Professionals in the Health Insurance Industry 30395 1Society of Insurance Research and Fletcher CSI Create First Forum for Research Professionals in the Health Insurance Industry 30395 2Society of Insurance Research and Fletcher CSI Create First Forum for Research Professionals in the Health Insurance Industry 30395 3AirMed International wins Air Ambulance of the Year for Second Consecutive Year 30392 1AirMed International wins Air Ambulance of the Year for Second Consecutive Year 30392 2Latin Women More Likely to Be Unhappy With Breast Cancer Treatment Decisions 30390 1
Other News:
This release is also available in Spanish. ... This international collaboration has been the largest ever to have taken place in a large scale study on genetic differences between patients infected by
Using advanced mathematical modeling, researchers from Sweden and The Netherlands show in an article in the August issue of the American Naturalist that this statement is sometimes true....Sometimes t
...d mercury levels, according to survey results rele...tions are closely tied to fish consumption. Asian ...ave higher average mercury levels, than others bot...e little if any health risk for most adults, but m...
...ny, one must start by adding up individual objects...nimals as diverse as humans and birds. Surprisingl... process remained unknown until now. This week in ... Roitman, Elizabeth Brannon, and Michael Platt fro...
Identified main genetic variants involved in response to HIV 21 in 4 NYC adults has elevated blood mercury levels 21 in 4 NYC adults has elevated blood mercury levels 3
...lder adults still do not receive flu and pneumococ...ffectiveness in helping some.elderly people-- espe...oid more.serious illness...These findings come fro...nterviewed nearly 800 older Iowans to determine wh...
... Athletes taking the controversial performance enh...s as well as their muscles, suggests.a study publi... the July issue.of the journal Endocrinology. The ... Villalba and Catherine Auger under the direction ...
...hers at the University of Utah have discovered a n...t diabetes. The treatment could.potentially be us...diabetes in.juveniles that have a strong tendency ..."People at highest risk for developing insulin-dep...
...ering "bad" cholesterol "is at least as good or be...nd delaying certain cardiac events.in selected pat...researchers.from Emory University and elsewhere in... The authors report results of the Atorvastati...
health news:UI study indicates many older adults still not receiving recommended vaccinations 2health news:UI study indicates many older adults still not receiving recommended vaccinations 3health news:Controversial performance enhancer "andro" affects brains as well as brawn, say UMass researchers 2health news:Researchers discover treatment that delays onset of insulin-dependent diabetes 2health news:Lowering 'bad' cholesterol as good or better than angioplasty for mild coronary artery disease 2health news:Lowering 'bad' cholesterol as good or better than angioplasty for mild coronary artery disease 3
... you concerned about contracting a disease such as...pean Blood Substitutes project ('EuroBloodSubstitu... replace the need for blood during transfusions in...f the oxygen-carrying part of the blood (haemoglob...
...ences in clinical outcome, the in-hospital cost of...e U.S. is 82.5 percent higher in the U.S. than in ...of Archives of Internal Medicine, one of the JAMA/...a leading cause of illness and death in the U.S. a...
...ked adrenoleukodystrophy (ALD) with Lorenzo's oil ...ebilitating form of the disease, according to a st...e of the JAMA/Archives journals.......Individuals ...long-chain fatty acids (VLCFA) in their brains. Th...
... are treated for eye injuries per year, with males...f females, according to a study in the July issue ...ives journals......Because eye injuries are rarely...erstand the extent of eye injuries in the U.S., in...
health news:Costs of coronary artery bypass graft surgery 2health news:Lorenzo's oil shows promise in reducing risk of debilitating disease in genetic disorder 2health news:Nearly two million eye injuries in the US each year 2