STOCKS TO BUY: We have identified several stocks that can potentially TRIPLE. Learn more!

New York Genome Center Purchases Four Ion Proton⿢ Sequencers For Its New Innovation Center

Stock quotes in this article: LIFE 

CARLSBAD, Calif., July 31, 2012 /PRNewswire/ --  Life Technologies Corporation (NASDAQ: LIFE) today announced that the New York Genome Center (NYGC) has purchased four Ion Proton™ Sequencers for its new Innovation Center. The sequencers, which are designed to sequence an entire human genome in a few hours for under $1,000, will be housed at IFM Memorial Sloan-Kettering Cancer Center (MSKCC) and used to accelerate its research on the genetic mechanisms of cancer.  

The Ion Proton™ Sequencer is a complementary platform to the Ion PGM™ Sequencer, which has become the fastest selling benchtop sequencer with the largest benchtop next-generation sequencing install base in laboratories worldwide. The Ion PGM™ System remains the fastest and most affordable solution to sequence sets of genes, small genomes and small RNA.  The new Ion Proton™ System will deliver rapid, inexpensive sequencing to scientists focused on understanding the function of exomes, transcriptomes and human-scale genomes. 

"The Innovation Center is a critical component of the NYGC's growth strategy, and we are pleased to be collaborating on it with Life Technologies, a company that shares our commitment to technology advancement," said Nancy J. Kelley, Founding Executive Director of NYGC. "The Ion Proton Sequencer will enable our network of world-renowned scientists to remain on the leading edge of research and participate in sequencing-based collaborative studies focused on advancing the era of genomic medicine."

"We are extremely excited to be the first site for NYGC's Innovation Center, through which we are gaining access to this technology," said Thomas J. Kelly, M.D., Ph.D., Director, Sloan-Kettering Institute. "We believe the system will greatly accelerate the rate at which we can collect information about the molecular changes in DNA that give rise to diseases such as cancer, enabling us to better exploit this information to develop more effective therapeutic strategies in the future." 

Biologist Dr. Scott W. Lowe, a member in the Cancer Biology & Genetics Program at the Sloan-Kettering Institute and a Howard Hughes Medical Institute Investigator, is studying difficult-to-treat cancers, including acute myeloid leukemia and hepatocellular carcinoma. Dr. Lowe said he believes the technology will enable his team to more quickly examine the genetic changes, or mutations, which occur in these difficult-to-treat cancers, understand how these mutations influence response to therapy, and, in the future, identify cancer-specific therapeutic targets.

"We are pleased that the New York Genome Center has joined a growing list of prestigious, research-focused hospitals and institutions around the world that are rapidly adopting our Ion semiconductor sequencing technology," said Mark Stevenson, President and Chief Operating Officer of Life Technologies. "Like our other partners, we believe the NYGC will benefit from this disruptive technology by being able to quickly generate accurate genomic data and apply it to human disease research."

The above-mentioned technology is for research use only and not intended for human diagnostic or therapeutic use.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
TRY IT FREE
New! $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,179.85 109.67 0.73%
NASDAQ 3,452.13 28.57 0.83%
S&P 500 1,639.04 12.31 0.76%
US 10 Yr 2.171% +0.045

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs