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Qiagen and Bio One Capital collaborate in molecular diagnostics

Qiagen and Bio One Capital have entered into a joint venture to establish Dx Assays, as one of the first centres in Singapore for assay development in which molecular diagnostics for infectious and genetic diseases will be developed.

The centre is expected to be fully operational by early 2008, employ more than 30 scientists and be equipped with state-of-the-art technology. The new Singapore venture is Qiagen’s latest step in the expansion of its presence in the rapidly growing Asian markets.

Peer Schatz, CEO of Qiagen, said: “The in-depth expertise and talent pool in biomedical research makes Singapore an ideal location for a centre for assay development.”