WaferGen Bio-systems Announces a Commercial Partnership with a Major Molecular Diagnostic Laboratory
Initial Focus on the Development of an NGS-Based Cancer Panel
FREMONT, Calif., July 31, 2014 /PRNewswire/ — WaferGen Bio-systems, Inc. (OTCQB: WGBS) announced today a commercial partnership with Molecular Pathology Laboratory Network, Inc. (MPLN) with the goal of developing Next-Generation sequencing (NGS) based clinical tests.
“One of the key challenges in developing clinical grade targeted NGS panels is achieving complete coverage of the required genes. Based on my experience, WaferGen’s target enrichment technology offers a unique solution that not only provides adequate coverage, but also reduces the number of steps in sample preparation. We feel that this is ideal for our clinical lab setting,” stated Dr. Jamie Platt, Vice President of Genomic Solutions at MPLN. “The first product to be commercialized through this commercial partnership is a solid tumor panel to complement MPLN’s Pathology Partners Program and support the expanding Molecular Oncology Services menu,” added Dr. Platt.
“Partnership with MPLN is the latest example of the adoption of the Seq-Ready(TM) version of our SmartChip TE(TM) system by a major clinical reference lab. We believe that SmartChip TE(TM) is the solution of choice for clinical grade NGS sample preparation. We are delighted to work with MPLN and furnish unparalleled quality and support to their needs,” said Ivan Trifunovich, President and CEO of WaferGen.
The Seq-Ready(TM) TE MultiSample System enables one-step target enrichment and library preparation solution which addresses CLIA-certified clinical laboratories’ significant unmet needs in sequencing-based testing by providing uniform coverage of targeted genes, yielding better test specificity and sensitivity. The superior performance of this new product is based on WaferGen’s proprietary technology that relies on massively parallel singleplex PCR, where amplification is cleaner and better controlled, resulting in a more accurate variant calling.
WaferGen Bio-systems, Inc. is a life science company that offers innovative genomic solutions for clinical testing and research. The SmartChip MyDesign(TM) Real-Time PCR System is a high-throughput genetic analysis platform for profiling and validating molecular biomarkers via microRNA and mRNA gene expression profiling, as well as single nucleotide polymorphism (SNP) genotyping. The SmartChip TE(TM) System is a novel product offering for target enrichment geared towards clinical Next-Gen sequencing (NGS). The Company now also offers the Apollo 324(TM) product line used in library preparation for NGS. These three complementary technologies offer a powerful set of tools enabling more accurate, faster and cheaper genetic analysis based on Next-Gen Sequencing and Real-Time PCR.
For additional information, please see http://www.wafergen.com
Forward Looking Statements
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WaferGen Bio-systems, Inc.
SOURCE WaferGen Bio-systems, Inc.