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PBSC Inks China Pact
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Business New Haven
1/8/2001
By: BNH
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MERIDEN and SHANGHAI, China - Packard BioScience Co. (NASDAQ: PBSC) and BioLinks Informatics Inc. announced December 18 an agreement by which BioLinks will purchase a large number of ScanArray microarray analysis systems from Packard's wholly-owned subsidiary, Packard BioChip Technologies, LLC. The agreement marks one of the first major commercialization efforts of microarrays in the diagnostics field in China.
BioLinks intends to package its market leading biochips and bioinformatics software with the Packard ScanArray microarray analyzers to offer a turn-key solution to genomics researchers in the Pacific Rim. Shipments were scheduled to begin last month and should continue through April.
Said Yuk Lam Lo, president of Packard's Pacific office in Hong Kong: “It's a win-win situation to couple our systems with the bioinformatics software and content chips of a pioneer in diagnostics in the Chinese market. It will strengthen our market presence, and it will give customers an opportunity to purchase the best technologies on the market today from one source.”
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