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Seegene enters the U.S. diagnostic market in collaboration with Thermo Fisher Scientific

2017-05-23 01:00
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SEOUL, South Korea, May 23, 2017 /PRNewswire/ -- Seegene Inc. (096530.KQ), the world's leading developer of multiplex molecular diagnostics technologies and assays, today announced that it has entered into a new strategic collaboration relationship with Thermo Fisher Scientific in which Seegene will file for U.S Food and Drug Administration (FDA) clearance of its Allplex™ diagnostic assay portfolio at the same time that Thermo Fisher files for FDA clearance to run Seegene's assays on Thermo Fisher's QuantStudio™ 5 Real-Time PCR System (PCR System).

The combination of Thermo Fisher's PCR System and Seegene's Allplex assay opens a new level of innovation to the market by enabling a comprehensive MDx solution. Coupled with Thermo Fisher's dominant position in instrumentation, Seegene's leading-edge multiplex detection technologies will take a strong foothold in the U.S. market.

Seegene is a leading developer of high multiplex molecular diagnostic assays for the global market using its proprietary real-time PCR technologies. The Allplex assay is innovative in its capability to provide Ct values for multiple targets in a single tube or well.

Among Seegene's extensive portfolio of syndromic panel products, a robust collection of sexually transmitted infection, gastrointestinal, and respiratory pathogen detection assays will be introduced to the U.S. market first. Because different pathogens often cause patients to present with similar clinical symptoms but often require different medical treatments, the need for accurate diagnosis is driving strong demand for syndromic panels that allow precise testing. Seegene's Allplex diagnostic products have been proven to address such market demand as shown by its rapid growth in the European market. Seegene aims to submit for 510(k) clearance by the end of 2018.

Seegene's CEO, Dr. Jong-Yoon Chun, stated: "The U.S. is the world's largest MDx market. Well versed in advanced detection technologies, it also has the strongest customer demands. The synergistic combination of Thermo Fisher's newest instrument and Seegene's powerful multiplex PCR chemistry technologies will enable us to gain U.S. market share by offering advanced detection methods to more physicians and patients."

"We are proud to collaborate with Seegene as we move forward to seek FDA clearance for our respective platforms in parallel," said Kim Kelderman, vice president and general manager of Genetic Analysis at Thermo Fisher Scientific. "We are committed to working with global partners who share our vision of driving better health outcomes."

About Seegene

Seegene(KQ : 096530) is the world's leading developer of multiplex molecular technologies and multiplex clinical molecular diagnostics (M-MoDx). Seegene's core enabling technologies - DPO™, TOCE™, and MuDT™ - are the foundation for M-MoDx tests that can simultaneously detect multiple targets with high sensitivity, specificity and reproducibility. Seegene's products detect multi-pathogens with great reliability and throughput, ultimately providing the most economical basis for saving time, labor and cost. Seegene's mission is to maintain leadership in molecular diagnostics for infectious diseases, genetics, pharmacogenetics, and oncology using innovative proprietary technologies. For more information, please visit www.seegene.com.

Contact Information

Yoon Chung (yjchung7@seegene.com, Tel: 82-2-2240-4082)

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/seegene-enters-the-us-diagnostic-market-in-collaboration-with-thermo-fisher-scientific-300461259.html

Source: Seegene

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