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Biotech Firm Cellzome Licenses Technology from LION bioscience.

Publication: Business Wire
Publication Date: 24-JAN-03 		Format: Online - approximately 966 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors/Health/Medical Writers

BIOWIRE2K

CAMBRIDGE, Mass./HEIDELBERG, Germany--(BUSINESS WIRE)--Jan. 24, 2003

-- Three-year contract for SRS integration technology -- Software to be used for protein research

LION bioscience AG (Nasdaq: LEON), a leading provider of integrated IT solutions for the life science industry, announced it signed a three-year license agreement with the biotech company Cellzome for LION's SRS integration technology. Financial terms of the agreement were not disclosed. SRS allows researchers to better retrieve and analyze data, enabling biotechnology companies to save time and money in their drug discovery efforts.

"It is especially important for a young company like ours to avoid risks and instead rely on proven technology," commented Dr. Georg Casari, Vice President of Informatics for Cellzome. "That's why we will build upon LION's fast, stable and established technology."

"We consider it to be an important validation for us that a successful start-up...

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