Chemicon and Thromb-X N.V., the R&D Division of ThromboGenics Ltd., Enter Into Agreement for Exclusive Sale and Marketing of New Embryonic Stem Cell Tissue Culture Media
Related News: Stem Cell CompaniesATLANTA, GA and LEUVEN, BELGIUM – October 26, 2004 – Thromb-X N.V., the R&D division of ThromboGenics Ltd., and Chemicon International, a division of Serologicals Corporation (NASDAQ/NM: SERO), today announced the signing of an exclusive global agreement to market embryonic stem (ES) cell reagents developed by Thromb-X.
The centerpiece of this agreement is the commercialization of the TX-WES culture medium that was specifically developed to enable the derivation of new "non-permissive" strains and to rescue existing ES cell lines.
Through this agreement, Chemicon will make available the TX-WES culture medium to the worldwide mouse ES cell community. Chemicon is recognized as a worldwide leader in providing reagents, kits, and cell culture supplements to the academic, pharmaceutical, and biotechnology markets.
The company will use its historical presence and strength in the stem cell arena, leveraged by Chemicon’s unique line of ES cell reagents (including Leukemia Inhibitory Factor, LIF, - a growth factor essential for the derivation and maintenance of mouse ES cells), to market TX-WES based research tools as an expanded product offering. Chemicon will offer these products through its direct sales team in North America, Australia, UK and much of Europe, as well as through its worldwide network of distributors.
Thromb-X’s parent company ThromboGenics, a biopharmaceutical company focusing on innovative therapies for prevention and treatment of cardiovascular diseases, has utilized this improved transgenesis platform in its successful efforts to advance several of its drug discovery candidates into clinical trials. Gene-targeted mice created at Thromb-X have led to the identification of novel drug targets, validating the use of this technology for discovery of potential new pharmaceuticals.
The TX-WES medium, in combination with other stem cell products distributed by Chemicon, will allow derivation and maintenance of a broad range of ES cell lines from all inbred mouse strains, including strains which generate low percentage chimeras or have lost germ line transmission capability. This medium has been shown to be superior to conventional ES culture systems, even in the absence of feeder cells.
The introduction of TX-WES for worldwide use in ES cell research is the culmination of an extensive R&D effort at Thromb-X, led by Luc Schoonjans, Ph.D. Experimental results in which TX-WES was used to expand murine cell populations have recently been reported in the journal Stem Cells(1). TX-WES medium, which is conditioned by a fibroblast cell line and is available in ready-to-use form, is being produced by the Thromb-X subsidiary, ProduCell Biotech NV.
"Chemicon is excited to add the TX-WES cell culture medium to our portfolio of innovative reagents and technologies for the global stem cell research community," said Jeffrey D. Linton, President of Chemicon. "This unique tool will aid researchers in the development, maintenance and recovery of novel mouse ES cell lines. In addition, we look forward to furthering our collaboration with Thromb-X to co-develop and market additional innovative ES cell products."
"We are pleased to announce this alliance with a well-established company such as Chemicon," said Jean Marie Stassen, Ph.D., Managing Director of Thromb-X. "We are convinced that alongside the existing product line marketed by Chemicon, the tools we have developed for improved transgenesis will enhance activities in the field of stem cell research and regenerative medicine. Thromb-X aims to continue offering its novel products to the research community via its relationship with Chemicon."
(1) Improved Generation of Germline-Competent Embryonic Stem Cell Lines from Inbred Mouse Strains, Luc Schoonjans, Veerle Kreemers, Sophie Danloy, Randall Moreadith, Yves Laroche, Désiré Collen, Stem Cells 2003; 21:90-97
Serologicals Corporation, headquartered in Atlanta, Georgia, is a global provider of biological products, enabling technologies and custom services to life science companies and research organizations. The Company’s diverse customer base includes major life science companies and leading research institutions. Our customers use our products, technologies and services in all facets of their activities, including basic research, drug discovery, development and bio-manufacturing. Our products, technologies and services are essential tools for research in a range of key disciplines, including oncology, hematology, immunology, cardiology, neurology, proteomics, infectious diseases, cell signaling and stem cell research.
In addition, the Company is the world’s leading manufacturer of monoclonal antibodies for the blood typing industry. Serologicals has more than 1000 employees worldwide, and its shares are traded on the NASDAQ national stock market under the symbol SERO.
Through its Chemicon Division, the Company also manufactures diagnostic products at its cGMP, ISO, and TGA approved facilities. Chemicon International, Inc., a wholly owned subsidiary of Serologicals Corporation, is headquartered in Temecula, California.
For more information on Serologicals Corporation and Chemicon International, visit the companies’ web sites at www.serologicals.com and www.chemicon.com.
Serologicals is a registered trademark of Serologicals Royalty Company.
Thromb-X N.V., the R&D division of ThromboGenics Ltd., is a biotechnology company with activities focused on the research and pre-clinical development of medicines for the prevention and treatment of severe diseases, and on the development of improved technologies for transgenesis and regenerative medicine. Thromb-X is a spin-off company of the University of Leuven, located in Leuven, Belgium. More information can be found at www.thromb-x.com.
ThromboGenics Ltd. is a privately held company founded in Dublin, Ireland, focused on biotherapeutics for the prevention and treatment of heart attack, stroke, peripheral artery disease, eye disease, and cancer. The Company has exclusive rights to certain therapeutics developed at University of Leuven (Belgium). ThromboGenics has research labs in Belgium, via its subsidiary Thromb-X N.V., and management team located in Ireland, Belgium and the U.S.
ThromboGenics has two programs in clinical development: 1) microplasmin, both as a treatment for retinal disorders and as a neuroprotective thrombolytic agent for stroke and peripheral arterial occlusive disease, and 2) staphylokinase as a thrombolytic agent for acute myocardial infarction. The Company also has five other programs in pre-clinical development with proof-of-principle demonstrated. For more information, please visit the company web site at www.thrombogenics.com.
This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project" or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, without limitation, the value of the licensed research tools and the utility of the licensed research tools to researchers. You should not place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and the Company undertakes no obligation to update these statements based on events that may occur after the date of this press release.
Source: Chemicon International
Posted on December 28, 2004 02:38 PM