🕔11/12/2008 5:03:01 PM
OncoMethylome Sciences (EBR:ONCOB) Liège, Belgium - November 12, 2008, 08.00 CET - OncoMethylome Sciences (Euronext Brussels: ONCOB, Euronext Amsterdam: ONCOA) announced today that it has signed a world-wide, non-exclusive license agreement with QIAGEN (NASDAQ: QGEN; Frankfurt, Prime Standard: QIA). Under this agreement, QIAGEN has licensed certain of OncoMethylome's methylation technologies for use in certain of QIAGEN's future products. These products will expand, among others, QIAGEN's EpiTect product line. The agreement specifically covers the use of OncoMethylome's patented Methylation-Specific PCR (MSP) technology, the most widely applied epigenetic technology, for the scientific research market. Under the terms of the agreement, QIAGEN will pay OncoMethylome an upfront fee plus royalties from future sales of products utilizing this technology. Other terms of the agreement were not disclosed.
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