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MDCC Molecular Devices (MM)

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Molecular Devices (MM) NASDAQ:MDCC NASDAQ Common Stock
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Molecular Devices Introduces FLIPR Tetra(TM) Screening System with Simultaneous 1536 Liquid Transfer

01/06/2004 10:30pm

PR Newswire (US)


Molecular Devices (NASDAQ:MDCC)
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Molecular Devices Introduces FLIPR Tetra(TM) Screening System with Simultaneous 1536 Liquid Transfer SUNNYVALE, Calif., June 1 /PRNewswire-FirstCall/ -- Molecular Devices Corporation (NASDAQ:MDCC) today announced the introduction of FLIPR Tetra(TM), the first system that enables researchers to significantly increase throughput of cell-based assays by measuring 1536 kinetic measurements simultaneously. The FLIPR Tetra, which debuts today at Molecular Devices' Drug Discovery Conference in Berkeley, California, is the only microplate detection system that simultaneously transfers liquid to 1536-well microplates, significantly reducing screening time and reagent consumption. This entirely new, modular system also offers traditional 96- and 384-well fluidics, easily convertible by the user within minutes, providing a seamless transition between higher- volume assays to those that require sub-microliter volume additions. FLIPR Tetra is also the first FLIPR(R) system to offer an expanded set of excitation wavelengths, significantly broadening its use beyond traditional calcium mobilization and membrane potential assays. "FLIPR is the most widely-used screening system for GPCR analysis," stated Michael L. Biros, Marketing Director for Drug Discovery Instruments at Molecular Devices. "With FLIPR Tetra, researchers can now increase the throughput and reduce the cost of their calcium mobilization and membrane potential assays even more-screening over 3,000 kinetic assays every six minutes using a few thousand cells per assay." Commenting on the launch of the FLIPR Tetra, Stephen J. Oldfield, Ph.D., Molecular Devices' Vice President of Worldwide Marketing, stated, "Development of FLIPR Tetra was guided by senior-level drug discovery managers striving to reduce facilities and screening costs, as well as thousands of FLIPR users looking to improve ease-of-use and robustness. Oldfield further noted, "The FLIPR Tetra brings the multi-wavelength capability that our FlexStation(TM) users have enjoyed to a high-throughput platform, paving the way for multi- wavelength applications. This new instrument platform also extends the user base for our growing family of reagent kits, including Calcium 3 and membrane potential kits." Molecular Devices Corporation is a leading supplier of high-performance bioanalytical measurement systems that accelerate and improve drug discovery and other life sciences research. The Company's systems and consumables enable pharmaceutical and biotechnology companies to leverage advances in genomics, proteomics and combinatorial chemistry by facilitating the high-throughput and cost-effective identification and evaluation of drug candidates. The Company's solutions are based on its advanced core technologies that integrate its expertise in engineering, molecular and cell biology and chemistry. Molecular Devices enables its customers to improve research productivity and effectiveness, which ultimately accelerates the complex process of discovering and developing new drugs. This press release contains "forward-looking" statements, including statements related to the prospects for or potential customer use of the FLIPR Tetra system. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "will," and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause the results of Molecular Devices Corporation to differ materially from those indicated by these forward-looking statements, including, among others, risks detailed from time to time in the Company's SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2003, as amended, and its quarterly report on Form 10-Q for the quarter ended March 31, 2004. Molecular Devices Corporation does not undertake any obligation to update forward-looking statements. DATASOURCE: Molecular Devices Corporation CONTACT: Tim Harkness of Molecular Devices Corporation, +1-408-747-3533 Web site: http://www.moleculardevices.com/

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