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Press Releases

Technology Ties Strengthen in Wisconsin

Promega and WARF Sign New Agreement

MADISON, WISCONSIN (September 27, 2005)

 

Two of Wisconsin’s technology leaders, Promega Corporation and the Wisconsin Alumni Research Foundation (WARF), recently signed a novel agreement regarding WARF life science technologies. The agreement allows Promega early review and easier access to new and existing life science technologies that WARF has available for licensing. If Promega finds a technology of interest from WARF, the agreement makes it easier to license the technology and develop the appropriate products for the marketplace.

"There are multiple benefits and possibilities to an agreement of this nature," stated Randy Dimond, Chief Technical Officer for Promega. "With an easier path to licensing technologies, ultimately, we can provide new products to life scientists sooner. Just as importantly, it means we can work closely with UW scientists when their research may lead to commercial products for the life science industry."

Elizabeth Donley, Business Development Director of WARF commented, "The extensive resources and world-class expertise of Promega in this field make them an ideal partner for this program, and we look forward to collaborating with them towards bringing products to market for the benefit of scientists and students worldwide. This is another example of a Wisconsin company using technology developed at UW-Madison to expand their products and sales."

The agreement is a part of the Research Tool Subscription Program that was recently established by WARF. The program was developed in response to a growing number of technologies that WARF has available for licensing in the life science research tools. This program is designed to ensure technologies are considered for licensing and that licensing is made much easier for interested companies. Up to five companies can subscribe to the program. Promega is the first Wisconsin company to participate.

About Promega

Promega Corporation is a leader in providing innovative solutions and technical support to the life sciences industry. The company’s 1,450 products enable scientists worldwide to advance their knowledge in genomics, proteomics, cellular analysis, molecular diagnostics and human identification. Founded in 1978, the company is headquartered in Madison, WI, USA with branches in twelve countries and 54 global distributors. Annual sales exceed $175 million. For more information about Promega, visit www.promega.com.

These pages contain communications on Promega product releases and corporate activities. For additional new product information, see the new products page or the specific product or application area.

For more information about a new release article or about Promega in general, contact
Roger Larrick, Director, Marketing Communications at 1-608-277-2545 or complete this form.

About WARF

Wisconsin Alumni Research Foundation exists to support world class research at the University of Wisconsin-Madison. The mission is accomplished by protecting the intellectual property of University faculty, staff and students, and by licensing inventions resulting from their work. Through the licensing efforts university ideas benefit the public by bringing resources back to the University to continue the cycle of investment, research and invention. WARF was the first university technology transfer office in the United States established in 1925.
www.warf.org

 

For more information about WARF, contact Andrew Cohn at 1-608-263-2821 or cohn@warf.org.