Roche Diagnostics part of development collaboration
19 November 2008 00:00 in Medical Company Product News
Roche Diagnostics has announced it is part of a collaboration with Merck Serono and Abbott in the development of the Biotechnology Cluster Rhine-Neckar (BioRN).
The cluster was recently given a federal grant worth 40 million euros (33.7 million pounds) by the German ministry for education and research and will be the host of this year's BIO-Europe event.
Roche and Merck Serono, along with other research institutions and biotechnology companies in the Rhine-Neckar region, already participate in projects towards the development of drugs and diagnostics.
Dr Jurgen Schwiezer, chief executive officer of the Roche Diagnostics division, said: "The success of the BioRN cluster, which brings together some 100 partners in business and research, rests partly on the excellent pioneering research being done here in the Rhine-Neckar region and on the presence of several major corporations."
Executive vice-president of research and development at Merck Serono added the network is set to mean a competitive advantage and a resulting benefit for patients.
The focus of the BioRN cluster is the development of innovative drugs, diagnostics and platform technologies in the field of cell-based and molecular medicine.
Based in Basel, Switzerland, Roche employs approximately 80,000 people, with sales in the pharmaceutical division reaching 36.8 billion Swiss francs in 2007.
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