This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IMDx Enters Into An Agreement With QIAGEN To Develop Molecular Tests

CAMBRIDGE, Mass., Jan. 7, 2013 /PRNewswire/ -- IntelligentMDx (privately held) announced today that it has entered into a multi-year development and license agreement with QIAGEN (NASDAQ: QGEN, Frankfurt Prime Standard: QIA) to design, develop and manufacture several undisclosed CE-marked and FDA cleared diagnostic tests for use on QIAGEN's flagship QIAsymphony RGQ automated platform.  Financial terms have not been disclosed.

(Logo: )

The undisclosed assays being developed by IntelligentMDx are planned to be incorporated into QIAGEN's growing menu of molecular diagnostic assays and will be distributed by QIAGEN worldwide. QIAGEN has also retained the rights to assume manufacturing of the assays pursuant to volume considerations.

IntelligentMDx's innovative assay development process relies on the use of a proprietary bioinformatics platform, which allows for efficient design of robust and accurate diagnostics that can be formatted for a variety of real-time PCR platforms. 

"A key element to improving patient care is ensuring clinical labs have access to the widest range of reliable diagnostic test options for their instrumentation of choice," says Dr. Alice Jacobs Nesselrodt, Chairman & CEO of IntelligentMDx.  "We are extremely pleased to have the opportunity to combine the strengths of IntelligentMDx and QIAGEN in order to make new tests available globally to labs utilizing the QIAsymphony RGQ."

QIAsymphony is a novel and flexible laboratory workflow automation system for molecular testing that incorporates all workflow steps from biological sample to result. This new and complete workflow solution is comprised of modules that can be used either as stand-alone systems or combined into the fully integrated QIAsymphony RGQ system. Through this system, QIAGEN provides laboratories with a platform that maximizes their efficiency in the emerging field of molecular diagnostics. QIAGEN is developing a broad range of tests for use on this system. The menu includes infectious disease assays, genetics assays and in particular, companion diagnostics (CDx) that are used to guide the use of medicines in treating patients. QIAGEN markets a menu of more than 20 assays for use on the QIAsymphony system in Europe.

"This collaboration will help us to accelerate the expansion of our test menu for the QIAsymphony RGQ. We are currently developing a range of new tests for use on this platform, expanding beyond the already extensive range of tests covering profiling diagnostics as well as prevention/screening assays for a wide array of diseases. In addition, QIAsymphony is also our core platform for our assays in the area of companion diagnostics to guide treatment decisions," said Dr. Dirk Zimmermann, Vice President, Head of Global Development Molecular Diagnostics at QIAGEN.  "We are pleased to be working with IntelligentMDx, which adds to the significant development efforts we are conducting internally and helps us to maximize the value of QIAsymphony RGQ for our customers by giving them the opportunity to consolidate an expanding range of molecular tests on one system."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs