Jan 27 2010
Applied Biosystems LLC, part of Life Technologies Corporation, and Idaho
Technology, Inc. have signed a cross-licensing agreement which covers a
broad range of products including hardware, software and reagents.
“This agreement demonstrates both companies’ commitments to advancing
quality research in the applied and life science fields. It also enables
innovation in a more open environment that is good for business and
ultimately benefits customers”
The agreement includes patents relating to real-time polymerase chain
reaction methods and instrumentation, including the 5’ Nuclease process
and the use of SYBR® Green I in PCR reactions.
“This agreement demonstrates both companies’ commitments to advancing
quality research in the applied and life science fields. It also enables
innovation in a more open environment that is good for business and
ultimately benefits customers,” says Randy Rasmussen, President, Idaho
Technology, Inc.
The intellectual property covered by this agreement has been
instrumental in expanding applications in molecular biology and has been
equally influential in each company’s success as a leading provider of
innovative solutions for DNA analysis.
The financial terms of the agreement will not be disclosed.
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