Wednesday, Apr 17 2017
CDI Laboratories and NeoBiotechnologies Form Alliance to Distribute CDI's 2500 Monospecific Transcription Factor Antibodies
MAYAGUEZ, Puerto Rico and BALTIMORE and UNION CITY, Calif., April 21, 2017 - CDI Laboratories (CDI) has granted exclusive worldwide distribution rights of its collection of over 2500 transcription factor monospecific monoclonal antibodies to NeoBiotechnologies. The antibodies were developed through CDI's participation in the NIH Protein Capture Reagents Program. The antibodies have been certified monospecific using the CDI HuProt™ microarray which contains 75% of the human proteome. The agreement also includes future antibodies against critical cancer diagnostic markers developed by CDI (using its Fast-MAb® monoclonal antibody development technology) and specificity validation on the HuProt microarray. NeoBiotechnologies will be evaluating all antibodies for use in immunohistochemistry (IHC) and will distribute through NeoBiotechnologies extensive worldwide channels.
According to CDI Vice President Scott Paschke, "NeoBiotechnologies is a perfect partner for CDI. Atul Tandon – Neobiotechnologies CEO – has deep experience in the research antibody market and is an expert in characterizing antibodies in IHC. Also, NeoBiotechnologies places a high value on quality and understands that proteome microarray specificity testing is an industry game-changer."
NeoBiotechnologies CEO Atul Tandon stated, "The partnership between CDI and NeoBiotechnologies will be mutually beneficial. We will test CDI's >2,500 monospecific MAbs for staining of formalin-fixed, paraffin-embedded normal and cancerous human tissues. The antibodies will also be tested for other biochemical applications on endogenous proteins. Soon, researchers worldwide will have access to thousands of fully-validated monospecific monoclonal antibodies."
About CDI Laboratories: CDI delivers products and services based on its ultra-high content human proteome microarray technology (HuProt) as well as monoclonal antibody production. CDI antibodies are screened for off-target cross-reactivity using HuProt, resulting in unsurpassed specificity and reliability. The Company's products and services help to overcome technical challenges that hinder advancements in research proteomics and in the development of protein-based therapeutics and diagnostics. www.cdi-lab.com
Scott D. Paschke, Vice President
CDI Laboratories Inc.
About NeoBiotechnologies: NeoBiotechnologies Inc. is focused on providing the highest quality antibodies for research use. NeoBiotechnologies is focused on Licensing as well as developing hybridomas and monoclonal antibodies to a wide variety of human proteins with the ultimate goal to cover the entire human proteome. Antibody products are available for various applications through its OEM partners. Presently, the Company maintains more than 2,000 hybridomas. www.neobiotechnologies.com
Atul K. Tandon, PhD, President & CEO