ACLARA Receives Four U.S. Patents for Its eTag(TM) and Nanofluidic Technologies
05 April 2004 - 3:30PM
PR Newswire (US)
ACLARA Receives Four U.S. Patents for Its eTag(TM) and Nanofluidic
Technologies MOUNTAIN VIEW, Calif., April 5 /PRNewswire-FirstCall/
-- ACLARA BioSciences announced the issuance of four U.S. patents
that strengthen the intellectual property around its eTag
technology: Nos. 6,682,887 and No. 6,686,152 with claims related to
certain eTag applications; No. 6,673,550 with broad claims related
to certain specific eTag reporter molecules including assays
related to protein and protein complex expression; and No.
6,685,813 with claims related to eTag sample handling in a
nanofluidic setting. "We are very excited by these patent issuances
from the U.S. Patent Office," said Thomas Klopack, Chief Executive
Officer of ACLARA. "ACLARA has a large intellectual property
portfolio. A growing component of this patent estate is related to
our novel eTag technology on which we are building an exciting
business focused on the discovery of biomarkers, the development of
assays to supportclinical trial programs, and ultimately diagnostic
products and services, for targeted cancer therapies. Beyond
specific eTag assays, our strategy is to extend our intellectual
property to include novel biomarkers and their use in identifying
patientsmore likely to respond to certain drugs. In addition we
have a large collection of patents and patent applications covering
different aspects of microfluidic and nanofluidic technologies.
While we are not actively using these latter patents in our current
operations, we believe they may find increasing application in
future research and diagnostic processes performed at the "nano"
scale." ACLARA continually strives to strengthen and expand its
large portfolio of patents and patent applications. ACLARA has 63
pending and issued U.S. patents related to the eTag technology and
71 pending and issued U.S. patents related to microfluidic and
nanofluidic technologies, as well as a large number of
international patent applications and patents. About theeTag Assay
System The eTag Assay System is a high performance, high throughput
system for the simultaneous measurement of 10's to 100's of genes,
proteins, and cell-based antigens across thousands of samples. The
eTag platform makes it possible for researchers to measure multiple
aspects of a complex biological system, enabling the study of gene
expression, protein expression, cell signaling and pathway
activation, protein-protein interaction, post-translational
modifications and cell receptor binding -- all in the same sample
and with the same platform. The system uses ACLARA's proprietary
eTag reporters to multiplex the analysis of genes and/or proteins.
Specific molecular binding events result in the release of
electrophoretically distinct eTag reporters, which are then
resolved by standard capillary electrophoresis to provide precise,
sensitive quantitation of multiple analytes -- directly from cell
lysates of cultured or primary cells, as well as fresh and fixed
tissue samples. ACLARA'seTag Assay System is being commercialized
for use both in drug discovery research and to support preclinical
and clinical development of specific targeted therapies. In these
application areas, pharmaceutical researchers are able to access
eTag reagent products, software, and services. For multiplexed gene
expression, ACLARA uses eTag Multiplex Invader(R) Assays, which
incorporate Invader technology and Cleavase(R) enzyme and are
licensed for use from Third Wave Technologies, Inc. About ACLARA
ACLARA BioSciences, Inc. is developing advanced tools for drug
discovery and development using its proprietary eTag assay
platform. The Company's products allow researchers to have
decision-critical information for drug development, which
previously was difficult or impossible to obtain. The
solution-phase eTag Assay System is cost-effective, easy-to-use and
flexible, and enables highly accurate and precise analysis of genes
and/or proteins from limited biological samples. Importantly,
researchers canuse their existing instrument platforms to perform
eTag analyses. More information on ACLARA can be obtained on the
Company's web site at http://www.aclara.com/. Forward Looking
Statement All statements in this news release that are not
historical are forward-looking statements within the meaning of the
Securities Exchange Act of 1934 as amended. Such forward-looking
statements are subject to factors that could cause actual results
to differ materially for ACLARA from those projected. Those factors
include risks and uncertainties relating to the performance of the
Company's products, anticipated progress in commercialization of
our eTag(TM) assay system; the potential for use of our eTag assays
in clinical development programs; the potential for use of our eTag
assays as diagnostic tests; our ability to establish reliable,
high-volume operations at commercially reasonable costs; expected
reliance on a few customers for the majority of our revenues;
actual market acceptance of our products andadoption of our
technological approach and products by pharmaceutical and
biotechnology companies; our estimate of the size of our markets;
our estimates of the levels of demand for our products; our ability
to develop organizational capabilities suitable for the further
development and commercialization of our eTag assays; the ultimate
validity and enforceability of our patent applications and patents;
the possible infringement of the intellectual property of others;
technological approaches of ACLARA and its competitors; and other
risk factors identified in the Company's Form 10-K for the year
ended December 31, 2003 as filed with the Securities and Exchange
Commission. Trademarks ACLARA BioSciences is a registered
trademark, and eTag and the ACLARA logo are trademarks of ACLARA
BioSciences, Inc. Invader and Cleavase are registered trademarks of
Third Wave Technologies, Inc. DATASOURCE: ACLARA BioSciences, Inc.
CONTACT: Alfred Merriweather, VP, Finance and CFO of ACLARA
BioSciences, Inc., +1-650-210-1200, or Web site:
http://www.aclara.com/
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