GenoSensor Expands Into Asian Markets January 2007
GenoSensor has furthered its presence into the biotech sector by launching
its full line of GenoExplorerTM microRNA products into Japan and China
through two recent distribution agreements. The first comes after a year of
negotiations with Daiichi Pure Chemicals Co, Ltd, a division of Daiichi
Pharmaceutical, the third largest pharmaceutical in Japan. The contract
gives Daiichi Pure Chemicals sole distribution rights in the Japanese market
for an undisclosed number of years. Daiichi's optimism for the
GenoExplorerTM product line was revealed early by a full page advertisement
in last month's Japanese edition of Nature magazine in anticipation of the
deal. The first shipment of GenoExplorerTM microRNA kits has been received
by Daiichi Pure Chemicals, and both parties are very excited that these
products are now being offered in Japan.
The details of GenoSensor's second deal went through much more
rapidly, as an agreement was reached early with Cold Spring Biotech Corp. in
China. The arrangement will allow Cold Spring Biotech to be the exclusive
distributor of GenoSensor's GenoExplorerTM products in mainland China, Hong
Kong, and Taiwan. Cold Spring Biotech is also a major distributor of other
genomic products from manufacturers such as gene-chip giant Affymetrix,
making them ideally suited to distribute the GenoExplorerTM line.
Until recently, GenoSensor had focused its efforts on service
based business, but increasing demand, recent distribution agreements in
Europe, and now agreements with Daiichi in Japan and Cold Spring Biotech in
China have shifted their focus to delivering product kits to end users,
which allows the users to perform microRNA expression experiments in their
own labs. Company President James Xia commented, "This is exactly what we
wanted for GenoSensor, and following this type of model we will place our
products into the hands of more researchers and pharmaceuticals across the
globe, this is a big step for us."
About GenoSensor Corporation:
GenoSensor is a privately held biotechnology company aiming to improve lives
by providing genomic research products and services worldwide for gene
expression profiling and genotyping, biomarker discovery, target validation,
therapeutic assessment, and other bioscience applications. Major products
include microRNA profiling packages, as well as custom dna-arrays for gene
expression and genotyping.
For more information please visit: www.genosensorcorp.com
<http://www.genosensorcorp.com/>
About Daiichi Pure Chemicals, Co., Ltd.:
Daiichi Pure Chemicals, Co., Ltd. headquartered in Tokyo, Japan, is a life
science company having four business areas: diagnostics, research products,
fine chemicals, and contract research. Diagnostics is its core business.
Founded in 1947, during the chaotic postwar period, its missions are to
provide the finest research reagents and to contribute to the development of
Japan's science and technology.
For more information please visit: www.daiichichem.jp/english
About Cold Spring Biotech Corp.:
Cold Spring Biotech Corp. was established in October of 1984 in Taipei,
Taiwan by a group of young professionals. T he company's
<http://www.invitrogen.com/content.cfm?pageid=11583> focus areas include
genomics, proteomics, bioinformatics, drug discovery, molecular and cell
biology, and other life science fields. They have a h eadquarters and three
branch offices located in Taiwan, and have an additional five branches in
mainland China.
For more information please visit: www.csbiotech.com.tw
<http://www.csbiotech.com.tw/>
