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In a release, the Company noted that the new collaboration allows for co-development of multiplex immunoassay products for the WideScreen BeadPlex assay platform for the detection and profiling of mitochondrial toxicity and activity. This enables EMD Chemicals to expand its offering in the multiplex biomarker, drug discovery and drug development markets. Under the terms of the agreement, MitoSciences has granted EMD Chemicals exclusive rights to a large new offering of currently unlicensed monoclonal antibodies for monitoring mitochondrial toxicity and bioactivity. MitoSciences will work exclusively with EMD Chemicals to validate the new WideScreen assays for use in drug screening applications.
"EMD Chemicals has been very successful in developing and offering multiplex immunoassays for biomarker and toxicity analysis for our clients in biotechnology and pharmaceutical industries. We realize the opportunities to satisfy the demands of additional markets. Working with MitoSciences will address these new markets," said Christina Shasserre, Vice President and Head of Global Biosciences for Merck KGaA and EMD Chemicals. "MitoSciences provides the highly unique content and knowledge that enables assay development. Together with EMD Chemicals and our large focus on immunoassay development and global commercialization infrastructure to distribute these kits, the collaboration will see rapid delivery of these unique tools to the market."
"MitoSciences has long been aware of the need for multiplex immunoassay panels against mitochondrial and other metabolic proteins," said Jean-Paul Audette, President and CEO, MitoSciences. "We are excited about working with EMD Chemicals to combine our complementary research capabilities to bring such panels to the market."
"To develop safer drugs and save time and resources in the process, the evaluation of toxicity is a clear focus in pre-clinical drug development. Testing the effect of drug candidates on mitochondrial processes such as metabolism and replication is as an important aspect of toxicity profiling," concluded Shasserre.
((Comments on this story may be sent to health@closeupmedia.com))
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