Applied Biosystems and Idaho Technology, Inc. Enter Broad Patent Cross-Licensing Agreement
SALT LAKE CITY–Applied Biosystems LLC, part of Life Technologies Corporation, and Idaho Technology, Inc. have signed a cross-licensing agreement which covers a broad range of products including hardware, software and reagents.
“This agreement demonstrates both companies’ commitments to advancing quality research in the applied and life science fields. It also enables innovation in a more open environment that is good for business and ultimately benefits customers”
The agreement includes patents relating to real-time polymerase chain reaction methods and instrumentation, including the 5’ Nuclease process and the use of SYBR® Green I in PCR reactions.
“This agreement demonstrates both companies’ commitments to advancing quality research in the applied and life science fields. It also enables innovation in a more open environment that is good for business and ultimately benefits customers,” says Randy Rasmussen, President, Idaho Technology, Inc.
The intellectual property covered by this agreement has been instrumental in expanding applications in molecular biology and has been equally influential in each company’s success as a leading provider of innovative solutions for DNA analysis.
The financial terms of the agreement will not be disclosed.
About Idaho Technology
Idaho Technology, Inc. is a privately held biotechnology company based in Salt Lake City, Utah. Founded in 1990, Idaho Technology licensed the rapid PCR technology from the University of Utah. Through funds from the United States Department of Health and Human Services and the Department of Defense, the company has created many commercial instruments and reagents for use in research and applied fields. Several of these products, including the LightCycler® Instrument, have been sublicensed to Roche Diagnostics. Researchers, medical technicians, law enforcement officers, and soldiers in the field use the company’s devices to detect or study disease-causing organisms. For further information, please visit www.idahotech.com.

