BOCA RATON, Fla., Oct. 12, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com is issuing a trade alert for Gene Logic Inc. (Nasdaq:GLGC). According to M. D' Alonzo at First Equity Group Inc., recent news flow from the company has been very positive: "The company recently announced that it entered into an agreement with the United States Food and Drug Administration ("FDA") to provide the FDA with access to certain of Gene Logic's genomics data and software, including:
An extensive collection of toxicogenomics and rat classical toxicology data from the ToxExpress(r) System, including hundreds of time and dose studies.
Gene Expression data from thousands of normal human tissue samples from the BioExpress(r) System for comparative analyses.
The powerful Genesis Enterprise System(r) 3.0 software for data management and analysis and the GX(tm) Connect 3.0 software for uploading third-party data into the Genesis Enterprise System.
Gene Logic Overview
Gene Logic technologies and services are used by many of the world's top pharmaceutical and biotechnology companies. Over 150 organizations and government agencies have benefited from Gene Logic's diverse portfolio of drug development services, enabling them to make more informed, more reliable and more predictive decisions at each point in the highly complex and costly drug development process. Founded in 1994, Gene Logic is headquartered in Gaithersburg, Maryland, conducts additional research and development in facilities in Cambridge, Massachusetts, and has customer support operations in the U.S., Europe, and Asia.
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