Contact Information: For more information, please contact: EnviroLogix Inc. Bruce S. Ferguson President 207-797-0300 Ionian Technologies Inc. Andrew Miller, Ph.D. President 858-642-0998 ext. 220
EnviroLogix and Ionian Technologies Enter Into Exclusive DNA License and Technology Transfer Agreement
| Source: EnviroLogix Inc.
PORTLAND, ME--(Marketwire - January 5, 2009) - EnviroLogix Inc. (Portland, ME), a company
that develops and sells rapid, on-site and lab-based immunoassays for
detecting transgenic proteins in genetically modified seeds, plants and
crops, and Ionian Technologies Inc. (San Diego, CA), a company
commercializing a proprietary rapid nucleic acid assay technology, have
concluded an Exclusive License and Technology Transfer Agreement.
Under terms of the agreement, EnviroLogix is granted worldwide and
exclusive rights to develop, manufacture, and sell tests serving
agricultural (including GMO), plant pathogen and veterinary markets
utilizing Ionian's patented Nicking Enzyme Amplification Reaction (NEAR)
technology. The tests will incorporate Ionian's isothermal amplification
methods to detect targeted DNA and RNA, in less than 10 minutes, with
sensitivity equivalent to PCR, the current gold standard.
Presently, tests for identifying engineered seeds, grains or crops rely on
detecting novel transgenic proteins with point-of-testing lateral flow
strips or lab-based ELISA methods, while PCR is often used for gene
analysis. But PCR can take up to 60 minutes and requires complex equipment,
and future biotech traits may not express novel proteins or may express
these proteins at levels too low for antibody-based detection. However, all
current and future biotech products have or will have modified gene
sequences, and thus the need for rapid -- and sensitive -- nucleic acid
testing. Ionian's NEAR methods are specific enough to detect single base
changes between two otherwise similar sequences. The amplification products
can be detected using both fluorescent and lateral flow methods.
In addition to a full line of rapid tests for GMOs, EnviroLogix, founded in
1996, has developed assays for the detection of mold, mycotoxins, algal
toxins, pesticides, and plant pathogens.
Founded in 2000, Ionian Technologies is leveraging its background in
biodefense applications to optimize and commercialize a molecular
diagnostic platform designed to perform a range of analyses, from
identifying infectious diseases to providing point-of-care testing.