Gene Logic extends agreement with Affymetrix

By Lisa Kerner

Erie, Pa., Jan. 25 - Gene Logic Inc. said it entered into a service provider agreement with Affymetrix, Inc. to buy microarrays, instrumentation, reagents and services from Affymetrix.

This new one-year agreement succeeds the companies' amended and restated agreement that expired on Dec. 31.

Under the latest agreement, Gene Logic agreed to spend a minimum of $7,625,000 on products and services in 2006. Gene Logic is not required to pay annual license fees or, unless Gene Logic defaults on its purchase obligation, royalties on database licenses and sales accruing after Dec. 31.

The agreement sets prices for the Affymetrix products purchased during the one-year term.

Gene Logic, based in Gaithersburg, Md., provides drug discovery and development solutions.

Affymetrix provides microarray technology used in molecular biology research. The company is based in Santa Clara, Calif.

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