Millennium Science enters distribution agreement with Pacific Biosciences

Melbourne, Australia and Menlo Park, CA, USA: Millennium Science, a life science distributor specialising in high-technology research solutions throughout Australia and New Zealand, and Pacific Biosciences of California, Inc. (NASDAQ:PACB) announced today that they have entered an agreement to appoint Millennium Science as Pacific Biosciences’ sole distributor in Australia and New Zealand for PacBio’s breakthrough single molecule real-time (SMRT®) sequencing technology. The Pacific Biosciences® “third generation” sequencing platform, the PacBio® RS, is a revolutionary DNA sequencing system that incorporates novel, single molecule sequencing techniques and advanced analytics to reveal biology in real time. The system delivers unprecedented sequence readlengths – over a thousand DNA bases on average.

Commenting on the announcement, Bren Collinson, Managing Director at Millennium Science, said, “Australian researchers have embraced next-generation sequencing technology over the last few years. The PacBio RS platform adds another dimension to the type of genomic research that can be achieved in this country. To do that however, our customers must have the confidence in a high level of local support and Millennium Science is well positioned to provide that. We have been in this business for over 12 years and believe this agreement with Pacific Biosciences promises a solid base for successfully introducing this third generation sequencing technology in Australia and New Zealand.”

Ram Laxman, VP Sales Asia at Pacific Biosciences, added “We are delighted to have signed this agreement with Millennium. Our distribution partners, including Millennium Science, are key to our success outside the United States. I am looking forward to a prosperous partnership with Millennium and our customers in Australia and New Zealand.”

About Millennium Science, Pty Ltd

Millennium Science is a privately owned solution supplier to the science industry with a core competency in the delivery of high technology products. These include hardware, software and consumables. Millennium Science focuses heavily on pre- and post-sales technical support and employs scientifically qualified technical sales representatives in each state backed up by Ph.D. qualified application scientists and a team of highly experienced service engineers and customer service and administrative staff.

www.mscience.com.au

About Pacific Biosciences

Pacific Biosciences’ mission is to transform the way humankind acquires, processes and interprets data from living systems through the design, development and commercialization of innovative tools for biological research. The company has developed a novel approach to studying the synthesis and regulation of DNA, RNA and proteins. Combining recent advances in nanofabrication, biochemistry, molecular biology, surface chemistry and optics, Pacific Biosciences has created a powerful technology platform called single molecule, real-time, or SMRT®, technology. SMRT technology enables real-time analysis of biomolecules with single molecule resolution, which has the potential to transform the understanding of biological systems by providing a window into these systems that has not previously been open for scientific study.

< | >