VENLO, The Netherlands, Aug. 1 /CNW/ - QIAGEN N.V. (NASDAQ: QGEN;Frankfurt, Prime Standard: QIA), the world's leading
provider of pre-analytical sample preparation products enabling
genetic and protein analysis,today announced that it has entered into a definitive
agreement to acquire the assets related to the bioanalytical business of
SuNyx GmbH.
SuNyx
has developed and recently initiated marketing
of its proprietary MPep and MProtChip(R) platforms
for sample preparation of peptide and protein samples
for analysis on Liquid Chromatography (LC)-MALDI
(Matrix-Assisted Laser Desorption/Ionization) Mass
Spectrometry (MS). These products allow examining
new dimensions in sample preparation by leveraging
unique, nanotechnology-based surface structures.
The
combination of the acquisition of the bioanalytical
business of SuNyx GmbH with the acquisition of key
assets of LCI (announced today in a separate press
release) creates a complete, proprietary and technology-leading
portfolio for QIAGEN in the rapidly growing market
segment of sample preparation of proteins and peptides
for analysis using MALDI Mass Spectrometry.
MALDI
Mass Spectrometry has become the most important
analytical tool in the identification of proteins
and evaluation of their role in biological processes
in the areas of proteomics, drug discovery, and
biomarker identification. A typical LC-MALDI protocol
consists of sample purification, enzymatic digestion,
separation of peptides by LC and identification
of proteins by peptide mass fingerprint. Unfortunately,
this approach often has limitations in identification
of low abundant proteins, which are of the highest
interest.
SuNyx
has developed a technology platform which enables
researchers to significantly reduce the number
of pre-analytical steps and increase sensitivity
at the same time by measuring each LC-fraction
on a ready-made chip with pre-deposited matrix
spots on ultraphobic surfaces. This brings to customers
a highly efficient sample preparation tool to analyze
proteomes and, in particular, low abundant proteins.
The MPep and MProtChip(R) technology provides inherent
confinement of defined volumes of sample drops
resulting in precise fraction collection from the
liquid chromatography run, even under high throughput
conditions. This simplifies and standardizes the
LC MALDI procedure. The optimized pre-deposited
matrix spot leads to an up to 100-fold increased sensitivity due to on-chip pre-concentration
effects.
SuNyx's
MPep and MProtChip(R) platforms can be used on
most major MS instruments suitable for LC-MALDI.
The
acquisition of the bioanalytical business of SuNyX
expands on a previous licensing arrangement. Subject
to the terms of the acquisition agreement, QIAGEN
will pay approximately US$0.8 million in cash in
exchange for the relevant assets. An additional
consideration of approximately US$0.8 million is
subject to certain milestones. QIAGEN anticipates
that the transaction will add approximately US$1
million in net sales and will have a slightly dilutive
impact of approximately US$0.5 million on QIAGEN's
net income in 2006 and will be accretive thereafter.
QIAGEN expects to provide further details on the
acquisitions announced on August 1 in its upcoming
conference call reporting the financial results
of its second quarter 2005 on August 9, 2005.
"The
acquisitions of key assets of LumiCyte and of the
bioanalytical assets of SuNyx position QIAGEN as the leading provider
for standardized, on-chip sample preparation in the rapidly growing
field of MALDI and LC-MALDI Mass
Spectrometry for protein analysis," said
Peer M. Schatz, QIAGEN's Chief Executive
Officer. "SuNyx products are highly
complementary to LumiCyte's technology portfolio and complete QIAGEN's solutions
for application-specific sample preparation for MALDI-based protein identification
and analysis. We are observing an increasing interest in the analysis
of low abundant proteins, which seem to play significant roles in cell regulation
processes. The ease of use and the nanotechnology-based, on-chip concentration
features make SuNyx MALDI chips a perfect pre-analytical tool for high
sensitivity LC-MALDI Mass Spectrometry."
"SuNyx
has recently developed highly innovative products
for use in the field of proteomics with their MPep and MProtChip(R)
technology, which clearly addressed customer needs for cost-effective, convenient
and reliable sample preparation
and analysis tools in the area of MALDI MS," added
Michael Lutz, Chief
Executive Officer of SuNyx. "Teaming
up with QIAGEN, the world's leading provider of enabling technologies for pre-analytical
sample preparation in life sciences will allow SuNyx to further grow its
technology and explore additional
value-adding opportunities."
About QIAGEN:
QIAGEN
N.V., a Netherlands holding company with subsidiaries
in Germany, the United States, Japan, the United
Kingdom, Switzerland, France, Italy, Australia,
Norway, Austria, Canada, Sweden, and the Netherlands
believes it is the world's leading provider of
innovative enabling technologies and products for the separation, purification and handling of
nucleic acids and proteins.
QIAGEN has developed a comprehensive portfolio of
more than 320 proprietary, consumable products for nucleic acid and protein
separation, purification and handling, nucleic acid amplification, as well as
automated instrumentation, synthetic nucleic acid products and related services.
QIAGEN's products are sold in more than 42 countries throughout the world
to academic research markets and to leading pharmaceutical and biotechnology
companies. In addition, QIAGEN is positioning its products for
sale into developing commercial markets, including applied testing markets,
clinical research, nucleic acid-based molecular diagnostics, and genetic
vaccination and gene therapy. QIAGEN employs more than 1,500 people worldwide.
Further information on QIAGEN can be found at www.qiagen.com.
About SuNyx GmbH:
SuNyx is a German-based private company with activities
in Bioanalyticsand Optical Coatings based on its proprietary know-how
with respect to precise control of material properties using nanoscopic
surface structures. The company has developed and launched innovative bioanalytical
solutions with the MPep and MProtChip(R) platforms which are delivered
to leading pharma, biotech and academic laboratories worldwide.
Certain
of the statements contained in this news release
may be considered forward-looking statements within
the meaning of Section 27A of the U.S. Securities
Act of 1933, as amended, and Section 21E of the
U.S. Securities Exchange Act of 1934, as amended.
To the extent that any of the statements contained
herein relating to QIAGEN's products, markets,
strategy or operating results are forward-looking,
such statements are based on current expectations
that involve a number of uncertainties and risks.
Such uncertainties and risks include, but
are not limited to, risks associated with management
of growth and international operations (including the
effects of currency fluctuations and risks of dependency
on logistics), variability of operating results, the
commercial development of the applied testing markets and
proteomics markets, nucleic acid-based molecular diagnostics
market, and genetic vaccination and gene therapy markets,
competition, rapid or unexpected changes in technologies,
fluctuations in demand for QIAGEN's, products (including
fluctuations for certain events including funding,
budgets, and others), difficulties in successfully
adapting QIAGEN's products to integrated solutions
and producing such products, the ability of QIAGEN
to identify and develop new products and to differentiate
its products from competitors, market acceptance of
QIAGEN's new products and the integration of acquisitions of technologies
and businesses. For further information, refer to the discussion in reports that QIAGEN has filed with,
or furnished to, the U.S. Securities and Exchange Commission (SEC).
For further information: Peer M. Schatz, Chief Executive
Officer, QIAGEN N.V., e-mail: peer.schatz@QIAGEN.com; Dr. Solveigh
Mahler, Director of Investor Relations, QIAGEN N.V., e-mail: solveigh.maehler@QIAGEN.com,
Tel IR: +49-2103-2911-710; Dr. Ulrich Schriek, Vice
President Corporate Business Development, QIAGEN GmbH, e-mail: ulrich.schriek@QIAGEN.com
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