Affymetrix Announces Launch of New Cytogenetic Solution
March 13 2008 - 8:00AM
Business Wire
Affymetrix Inc. (NASDAQ:AFFX) today announced the full commercial
launch of its complete Cytogenetic Solution, which combines the
high-density SNP Array 6.0 with a simple assay and intuitive
software. The microarray-based solution provides cytogenetic
researchers with an efficient and accurate method of detecting
chromosomal abnormalities associated with congenital diseases such
as autism and mental retardation. The Affymetrix Cytogenetic
Solution was designed to discover more causative aberrations across
the entire genome compared to other microarray platforms and
traditional karyotyping techniques. The solution delivers copy
number and loss of heterozygosity (LOH) information, which enables
research scientists to identify uniparental disomies � genetic
abnormalities that are frequent in many congenital diseases. The
introduction of the Affymetrix Cytogenetic Solution has been
positively received by customers, many of whom have already
successfully deployed these products in everyday practice.
Laboratory Corporation of America Holdings (LabCorp) (NYSE:LH)
began offering high-resolution cytogenetic services based on the
Affymetrix Whole-Genome Sampling Analysis Assay in January 2008.
�Affymetrix� continued advances in the availability of whole-genome
array technology offer physicians an unprecedented ability to
diagnose their patients with developmental disorders, autism and
other clinically significant changes,� said Myla P. Lai-Goldman,
M.D., executive vice president, chief scientific officer and
medical director of LabCorp. �We are very pleased to have the
Affymetrix Cytogenetic Solution in our laboratory,� said Lisa
Shaffer, Ph.D., director, Signature Genomic Laboratories. �This
platform will give us the ability to perform high-resolution copy
number analysis and evaluate LOH at the same time. We anticipate
that this assay will also be useful in characterizing the
breakpoints of previously known chromosome abnormalities.� �The
Affymetrix Cytogenetic Solution has provided clinical
cytogeneticists with a powerful tool that will greatly enhance our
diagnostic capability,� said Brynn Levy, Ph.D., associate professor
of clinical pathology and director, Clinical Cytogenetics
Laboratory at College of Physicians and Surgeons of Columbia
University. �We are entering the realm where imbalances from
�genome to gene� can be detected. As we gather and catalog precise
information regarding the gene content of deletions and
duplications in conjunction with well-characterized clinical
information, our ability to make accurate genotype-phenotype
predictions will be greatly improved.� �We are very pleased that
prominent industry leaders are rapidly adopting our GeneChip�
technology for this important new application,� said Kevin King,
president of Affymetrix. �The Affymetrix Cytogenetic Solution was
developed through extensive lead-user involvement and we expect it
to become the gold-standard tool for cytogenetics.� The Affymetrix
Cytogenetic Solution Includes: High-density SNP Array 6.0 � Detects
both submicroscopic and large chromosomal abnormalities with clear
definition of breakpoints. Simple and robust Cytogenetics Copy
Number Assay � Offers flexibility for low-and high-throughput
users. Intuitive Genotyping Console 2.1 software � Makes it easy to
move from copy number and LOH data to results. For more information
about the Affymetrix Cytogenetic Solution, please visit:
http://www.affymetrix.com/genechip/cyto.affx. About Affymetrix
Affymetrix GeneChip� microarray technology is the industry-standard
tool for analyzing complex genetic information. After inventing
microarray technology in the late 1980s, Affymetrix scientists have
been dedicated to developing innovative products that provide
researchers with a more complete view of the genome. These products
continue to accelerate genetic research and enable scientists to
develop diagnostics and tailor treatments for individual patients
by identifying and measuring the genetic information associated
with complex diseases. Today, Affymetrix technology is used by the
world�s top pharmaceutical, diagnostic and biotechnology companies,
as well as leading academic, government and not-for-profit research
institutes. More than 1,700 systems have been shipped around the
world and more than 11,000 peer-reviewed papers have been published
using the technology. Affymetrix is headquartered in Santa Clara,
Calif., and has manufacturing facilities in Sacramento, Calif.,
Cleveland, Ohio, and Singapore. The company has about 1,100
employees worldwide and maintains sales and distribution operations
across Europe and Asia. For more information about Affymetrix,
please visit: www.affymetrix.com. Forward-looking Statements All
statements in this press release that are not historical are
�forward-looking statements� within the meaning of Section 21E of
the Securities Exchange Act as amended, including statements
regarding Affymetrix� �expectations,� �beliefs,� �hopes,�
�intentions,� �strategies� or the like. Such statements are subject
to risks and uncertainties that could cause actual results to
differ materially for Affymetrix from those projected, including,
but not limited to: risks and uncertainties relating to commercial
success of the Affymetrix Cytogenetic Solution discussed in this
press release; risks of the company�s ability to achieve and
sustain higher levels of revenue, higher gross margins and reduced
operating expenses; uncertainties related to technological
approaches, manufacturing and product development; personnel
retention; uncertainties related to cost and pricing of Affymetrix
products; dependence on collaborative partners; uncertainties
related to sole-source suppliers; risks associated with past and
future acquisitions; uncertainties relating to FDA and other
regulatory approvals; competition; risks relating to intellectual
property of others and the uncertainties of patent protection and
litigation. These and other risk factors are discussed in
Affymetrix� Form 10-K for the year ended December 31, 2007, and
other SEC reports, including its Quarterly Reports on Form 10-Q for
subsequent quarterly periods. Affymetrix expressly disclaims any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in Affymetrix� expectations with regard thereto
or any change in events, conditions or circumstances on which any
such statements are based. NOTE: Affymetrix, the Affymetrix logo
and GeneChip� are registered trademarks owned or used by Affymetrix
Inc.
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