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Acrongenomics and Molecular Vision Further Strengthen Intellectual Property with BioLED Technology Patent Granted in Japan
Wednesday, October 24, 2007
Acrongenomics Inc. (OTCBB: AGNM) & Molecular Vision, Ltd., an Imperial College spin-out company, are pleased to announce that the fundamental patent for their BioLED technology for low cost, stand-alone diagnostic devices based on organic light sources, photodetectors and microfluidic chips has been accepted in Japan. Dr. Ian Campbell, Molecular Vision's Managing Director, said "this important addition to Molecular Vision's patent coverage, which already includes UK, USA and Europe, is extremely pleasing as it greatly enhances our worldwide IP protection." Dr. Dimitri Goundis, CEO of Acrongenomics added, "we are very satisfied with the granting of the patent in Japan, and the solid IP position worldwide."
About Acrongenomics Inc.
Acrongenomics Inc. is a publicly traded company that focuses on investing in and commercializing novel technology platforms concerning the Life Sciences sector. Acrongenomics brings novel and realistic concepts to market by transforming scientific innovations into tangible, consumer-orientated applications. The company has its headquarters in Geneva, Switzerland.
About Molecular Vision
Molecular Vision is a spin-out company of Imperial College. The company was founded by three Imperial College London researchers -- Prof. Donal Bradley, Prof. Andrew de Mello and Dr. John de Mello -- in 2002 in order to meet a clearly defined demand in the medical diagnostics, biosensors and analytical instrumentations markets: the need for miniaturized chemical and biological detectors offering high sensitivity and functionality at low cost. The company has directly addressed this market demand by inventing a novel method for optical detection based on recent advances in organic electronics and light emitting diodes combined with microfluidics technology. The company has mainly focused on applying its technology to the medical diagnostics markets. Molecular Vision recently signed a major development contract with Acrongenomics Inc. to jointly exploit and commercialize the technology.
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