Ambion and Rosetta Genomics Announce Licensing and Commercialization Deal To Advance microRNA Research

Agreement provides Ambion access to Rosetta's database of proprietary microRNA sequences for a range of applications in medical research

13-Sep-2005

Rosetta Genomics Ltd. and Ambion, Inc. announced a collaborative licensing agreement that will provide Ambion access to proprietary microRNA (miRNA) sequences discovered and owned by Rosetta Genomics. The agreement enables Ambion to adapt its microRNA platforms to detect, quantify, and functionally characterize Rosetta Genomics' proprietary microRNA sequences. The resulting products will facilitate basic and applied microRNA research initiatives by academic and industrial scientists worldwide.

"Identifying and understanding the role of microRNAs in human health represents a new frontier in therapeutic and diagnostic research. We are very pleased that this agreement with Rosetta Genomics allows us to expand our product offering for researchers studying microRNAs, making it possible to more thoroughly examine the roles of microRNAs in biological processes like neural development, immune response, viral infection, and oncogenesis," said Matt Winkler, Chief Executive Officer of Ambion.

There is a growing body of evidence that microRNAs appear in different concentrations in healthy cells versus diseased cells. Thus, measuring and altering the amount of microRNAs in cells could be a promising tool in diagnosis and treatment for a range of diseases.

"MicroRNAs appear to play a critical role in gene expression and regulation, and are, therefore, likely to play a pivotal role in both the diagnosis and treatment of many diseases. Our collaboration with Ambion will make it possible to apply Rosetta's technology and microRNA database to research efforts that will have a significant impact on human health in the years ahead," said Amir Avniel, President of Rosetta Genomics.

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