Roche and deCODE sign new alliance
Roche of Switzerland's diagnostics division and Iceland-based deCODEgenetics have entered into a new alliance focusing on DNA-based diagnostics, using the latter company's genomics research and informatics resources.
Under the terms of the five-year agreement, Roche will give deCODE "a major package of committed research funding, potential milestone payments and product royalties." In addition to the development of DNA-based diagnostic and predisposition screening devices, the partners added that they intend to develop point-of-care informatics products and services.
"Exciting opportunity"
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