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GE Healthcare Grants License for Biomagnetic Isolation of Nucleic Acids to Applied Biosystems



    GE Healthcare announced today that it has completed a license
    agreement with Applied Biosystems, granting Applied Biosystems access
    to GE Healthcare patents for the biomagnetic isolation of nucleic
    acids. The license, which is valid for the lifetime of the patents,
    grants Applied Biosystems certain rights with respect to the isolation
    and purification of nucleic acids using GE Healthcare's proprietary
    magnetic separation technology.

    GE Healthcare's patented methods for magnetic separation offer
    significant advantages over conventional techniques for the isolation
    and purification of biomolecules such as DNA and RNA from laboratory
    and clinical samples. Benefits include greater yields of product and
    elimination of clogging associated with filter-based methods

    "This license recognizes the considerable value that our
    biomagnetic isolation technology brings to genomics researchers" said
    Eric Roman, General Manager, Genomic Sciences, GE Healthcare. "We are
    pleased to grant Applied Biosystems access to our patents in this
    area, which will allow them to use our proprietary magnetic separation
    protocols in conjunction with their MagMax(TM) range of products for
    nucleic acid isolation"

    GE Healthcare has an active program to grant licenses for access
    to its patents for biomagnetic isolation. Financial terms were not
    disclosed.

    About GE Healthcare

    GE Healthcare provides transformational medical technologies and
    services that are shaping a new age of patient care. Our expertise in
    medical imaging and information technologies, medical diagnostics,
    patient monitoring systems, performance improvement, drug discovery,
    and biopharmaceutical manufacturing technologies is helping clinicians
    around the world re-imagine new ways to predict, diagnose, inform,
    treat and monitor disease, so patients can live their lives to the
    fullest.

    GE Healthcare's broad range of products and services enable
    healthcare providers to better diagnose and treat cancer, heart
    disease, neurological diseases and other conditions earlier. Our
    vision for the future is to enable a new "early health" model of care
    focused on earlier diagnosis, pre-symptomatic disease detection and
    disease prevention. Headquartered in the United Kingdom, GE Healthcare
    is a $17 billion unit of General Electric Company (NYSE: GE).
    Worldwide, GE Healthcare employs more than 46,000 people committed to
    serving healthcare professionals and their patients in more than 100
    countries. For more information about GE Healthcare, visit our website
    at www.gehealthcare.com.