Fluidigm Corporation (Nasdaq: FLDM), an innovative biotechnology
tools provider with a vision to improve life through comprehensive
health insight, today announced a collaboration agreement with the
Abu Dhabi Stem Cells Center (ADSCC) for development of targeted
stem cell therapies and research applications utilizing two
Fluidigm® mass cytometry and tissue imaging technologies: Imaging
Mass Cytometry™ (IMC™) and the Maxpar® Direct™ Immune
Profiling Assay™.
The ADSCC, founded in 2019, is a specialist health
care center that focuses on cell therapy and regenerative medicine
in addition to cutting-edge stem cell research. The Center
collects, processes, characterizes, and stores cell products for
clinical application in both regenerative medicine and
hematopoietic transplantation.
The ADSCC collaboration with Fluidigm represents an
opportunity to increase the visibility of mass cytometry technology
for potential new customers in the Middle East and to establish a
foundation for expansion in the region.
“We seek out the technologies that can most
effectively provide meaningful insights as we work to develop new
approaches to stem cell therapies, and Fluidigm’s IMC and immune
profiling tools are exceptional in this regard,” said Dr. Yendry
Ventura Carmenate, Specialist in Immunology, General Manager of
ADSCC. “We believe these tools will ultimately accelerate our
global expertise in this progressive area of medicine and inform
targeted therapies for our patients.”
IMC provides researchers with a better
understanding of cells’ spatial environment to answer important
translational and clinical research questions relating to disease.
The Fluidigm Maxpar Direct Immune Profiling Assay was the first
complete sample-to-answer solution for high-dimensional immune
profiling of blood samples. Fluidigm’s immune profiling solution
encompasses reagents, the CyTOF® mass cytometry system, and
analytical tools to deliver an analysis of 37 immune cell
populations.
As part of the collaboration, the ADSCC will:
receive early access to reagents and software under development by
Fluidigm; evaluate pre-released Fluidigm materials and products
under development; participate in Fluidigm events and host visits
or experiments by Fluidigm customers or prospects relating to the
Helios™ system and the Hyperion™ Imaging System, which use CyTOF
technology; and participate in product development discussions with
respect to Helios and the Hyperion Imaging System.
“We are gratified that Abu Dhabi Stem Cells Center
has chosen Imaging Mass Cytometry in support of its mission to
provide effective and targeted treatments in cell therapies and
regenerative medicine,” said Chris Linthwaite, President and CEO.
“In addition to elevating the visibility of CyTOF technology in the
region, we believe this collaboration will provide opportunities
for new products and workflows. For example, we are reviewing
panels ADSCC has developed for stem cell applications across a
number of pathologies for potential commercialization.
“IMC is a premier tool for developing a more
meaningful approach to precision medicine for better health care
decision making, and we are honored to partner with ADSCC to expand
use of our mass cytometry technology in the Middle East.”
Among key growth strategies for Fluidigm is driving
adoption of the technology in translational and clinical research,
as well as accelerating consumables and assay development through
both increased organic investment and partnerships. Globally, mass
cytometry is utilized by nine of the top 10 pharma companies, and
Fluidigm mass cytometry technology, including CyTOF, Imaging Mass
Cytometry, and Maxpar Direct, has been used in more than 180
National Clinical Trials.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, among others, statements regarding the benefits of a
collaboration agreement for visibility and adoption of Fluidigm
products and technologies and the potential benefits of research
conducted using Fluidigm products and technologies. Forward-looking
statements are subject to numerous risks and uncertainties that
could cause actual results to differ materially from currently
anticipated results, including but not limited to risks relating to
interruptions or delays in the supply of components or materials
for, or manufacturing of, Fluidigm products; potential product
performance and quality issues; intellectual property risks;
competition; uncertainties in contractual relationships; and
reductions in research and development spending or changes in
budget priorities by customers. Information on these and additional
risks and uncertainties and other information affecting Fluidigm’s
business and operating results is contained in its Annual Report on
Form 10-K for the year ended December 31, 2020, and in its other
filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date hereof.
Fluidigm disclaims any obligation to update these forward-looking
statements except as may be required by law.
About FluidigmFluidigm
(Nasdaq:FLDM) focuses on the most pressing needs in translational
and clinical research, including cancer, immunology, and
immunotherapy. Using proprietary CyTOF and microfluidics
technologies, we develop, manufacture, and market multi-omic
solutions to drive meaningful insights in health and disease,
identify biomarkers to inform decisions, and accelerate the
development of more effective therapies. Our customers are leading
academic, government, pharmaceutical, biotechnology, plant and
animal research, and clinical laboratories worldwide.
Together with them, we strive to increase the
quality of life for all. For more information, visit
fluidigm.com.
Fluidigm, the Fluidigm logo, CyTOF, Direct, Helios,
Hyperion, Imaging Mass Cytometry, IMC, Immune Profiling Assay, and
Maxpar are trademarks and/or registered trademarks of Fluidigm
Corporation or its affiliates in the United States and/or other
countries. All other trademarks are the sole property of their
respective owners. Fluidigm products are provided for
Research Use Only. Not for use in diagnostic
procedures.
About Abu Dhabi Stem Cells
CenterAbu Dhabi Stem Cells Center is a specialist health
care center focused on cell therapy and regenerative medicine, as
well as delivering cutting-edge research on stem cells in the
region. The center was founded in March 2019 to meet growing
domestic and regional demand for advanced medical services and
treatments in the UAE.
Available InformationWe use our
website (fluidigm.com), investor site (investors.fluidigm.com),
corporate Twitter account (@fluidigm), Facebook page
(facebook.com/Fluidigm), and LinkedIn page
(linkedin.com/company/fluidigm-corporation) as channels of
distribution of information about our products, our planned
financial and other announcements, our attendance at upcoming
investor and industry conferences, and other matters. Such
information may be deemed material information, and we may use
these channels to comply with our disclosure obligations under
Regulation FD. Therefore, investors should monitor our website and
our social media accounts in addition to following our press
releases, SEC filings, public conference calls, and webcasts.
Contacts: Investors:Peter DeNardo
415 389 6400 ir@fluidigm.com
Media:Mark SpearmanCorporate Communications 650 243
6621 mark.spearman@fluidigm.com
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