Life Technologies Corporation (NASDAQ: LIFE) today announced that it has deepened its commitment to stem cell research and its customers by signing a non-exclusive agreement with iPS Academia Japan for its induced pluripotent stem (iPS) cell patent portfolio. The worldwide license will enable Life Technologies, a leading provider of innovative life science solutions, to expand its range of products and services for the iPS cell research community.
By leveraging its expertise in stem cell tool manufacturing and its global distribution network, Life Technologies is now positioned to develop and commercialize products designed to create iPS cells and differentiate them into any cell type for use in drug discovery and pre-clinical research. In additional to directly selling iPS cells, the license enables the company to provide iPS cell creation, differentiation and screening services for scientists around the world.
"iPS Academia Japan is pleased to grant a non-exclusive license and build a relationship with Life Technologies Corporation. Because iPS cells are gaining greater attention for uses in drug discovery and disease research as well as other areas of biotechnology, distribution of iPS cell products or provision of services is important for gaining momentum in iPS cell research," said Shosaku Murayama, president and Chief Executive Officer of AJ. "We believe that Life Technologies' business will contribute to boost research and development for practical application of iPS cell technology. We hope for further advancement of the iPS cell technology and its practical use in the coming years and we continue to support expanding the iPS cell technology by licensing our patent portfolio."