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Digene announces agreement with Asuragen, Inc. for cystic fibrosis screening products

Published in Gene Therapy Weekly, May 18th, 2006

Digene Corporation (DIGE) and Asuragen, Inc., a newly formed molecular diagnostic company and formerly a division of Ambion, Inc., jointly announced that the parties have entered into an exclusive, worldwide agreement for the marketing and distribution of Asuragen's cystic fibrosis (CF) screening products.

Digene has made an up-front payment to Asuragen and will make additional payments based on regulatory milestones. Additional financial details of the agreement were not disclosed.

Under the agreement, Digene will have the exclusive rights to market and distribute Asuragen's Signature CF products world-wide. In addition, Asuragen will develop, also...

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