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Affymetrix's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stocks in this article: AFFX

These reagents are compatible with a wide variety of sample types, including formalin-fixed, paraffin-embedded samples, FFPE, fresh frozen and whole blood. Customers tell us these reagents enable faster insight in the role of microRNAs in biological processes, such as miRNA degradation, transcriptional gene silencing, translational repression and ultimately, in biomarker discovery in our core markets of translational medicine and cancer research.

These assays require as little as 100 nanograms of total RNA, which makes them exceptionally well suited for studying cancer, where sample sizes are often limited and the samples are often degraded. In addition to the miRNA solutions, we also exclusively licensed Genisphere's powerful RNA applification technology for global expression profiling in clinically relevant samples such as FFPE. As an example, Genisphere provides this technology to Pathwork Diagnostics for their FDA-cleared array-based gene expression tissue of origin test. We expect to launch our first kits under this licensing agreement by midyear. We'll talk more about our broad range of technologies for genomic analysis and molecular diagnostics from FFPE samples over the course of the upcoming year.

Read the rest of this transcript for free on seekingalpha.com

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