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Serologicals subsidiary, Australian Stem Cell Centre sign agreement to commercialize stem cell products
By Lisa Kerner
Erie, Pa., April 21 - Serologicals Corp. and the Australian Stem Cell Centre have signed an agreement granting Serologicals' wholly owned subsidiary, Chemicon International, Inc., exclusive rights to commercialize, market and distribute stem cell reagents developed at the center.
Products available to researchers through Chemicon will initially include a novel and proprietary stem cell isolation kit and various proteins and antibodies, according to a company news release.
Chemicon will develop new research reagent products with assistance from the center, and other life science tools are expected to become part of the collaboration.
As part of the agreement, Chemicon will contribute funds, products and technical expertise to the new stem cell training program launched by the center, as well as make an in-kind contribution of research tools.
Chemicon, based in Temecula, Calif., provides a range of research products including specialty reagents, kits and antibodies.
Atlanta-based Serologicals develops and commercializes consumable biological products.
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