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QIAGEN Unveils Plans for Next-Generation Digital PCR Systems

January 7, 2019

HILDEN, Germany & GERMANTOWN, Md.--(BUSINESS WIRE)--Jan 7, 2019--QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced the development of a range of next-generation systems for digital polymerase chain reaction (digital PCR or dPCR), one of the fastest-growing molecular testing applications in the life sciences industry.

QIAGEN expects to launch a fully integrated solution in 2020 that offers highly automated workflows combined with significantly quicker time-to-result, higher multiplexing and greater throughput flexibility than currently available digital PCR platforms.

The new systems, which are in advanced stages of development, have been created through the combination of QIAGEN technologies and automation with key digital PCR assets that are being acquired from Formulatrix, Inc., a privately-held U.S. developer of laboratory automation solutions. QIAGEN has reached an agreement to acquire these assets from Formulatrix, and the transaction is expected to be completed by mid-2019 (pending U.S. and other regulatory approvals).

“Digital PCR represents a disruptive, next-generation method of PCR testing that enables precise quantification of nucleic acids and target sequences, and has been shown to offer superior accuracy and sensitivity compared to other PCR and NGS-based approaches,” said Peer M. Schatz, Chief Executive Officer of QIAGEN N.V.

The full press release can be found here.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190106005111/en/

CONTACT: QIAGEN

Investor Relations

John Gilardi +49 2103 29 11711

Sarah Fakih +49 2103 29 11457

e-mail:ir@QIAGEN.com

Public Relations

Thomas Theuringer +49 2103 29 11826

Robert Reitze +49 2103 29 11676

e-mail:pr@QIAGEN.com

KEYWORD: AUSTRIA UNITED STATES EUROPE NORTH AMERICA MARYLAND GERMANY SWITZERLAND

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY

SOURCE: QIAGEN N.V.

Copyright Business Wire 2019.

PUB: 01/07/2019 02:01 AM/DISC: 01/07/2019 02:01 AM

http://www.businesswire.com/news/home/20190106005111/en

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