September 21, 2006

   

Notice of Launching "TG Resource Bank" Business

 

   We hereby announce that TRANS GENIC INC. (hereinafter referred to as "we") will disclose "TG Resource Bank", libraries of knockout mice and knockout ES clones, to launch new licensing business.

   We have cyclopaedically produced a great number of knockout mice and knockout ES clones by exchangeable gene trap method (international application No. of the patent:WO 01/005987) and exclusively disclosed their sequence information under agreements with certain pharmaceutical companies. As our obligation to disclose these information was completed, we revised our sequence information service of knockout mice, and then decided to disclose "TG Resource Bank" in order to start business of licensing non-exclusive use rights.
   "TG Resource Bank" covers all lists of strains to which we own rights (approximately 550 knockout mouse strains and 2,000 knockout ES clones as of September 21, 2006) and it is possible for every business, university and institution to see the lists on our website. We believe "TG Resource Bank" is precious libraries of bioresources to discover gene functions in vivo. The libraries will help pharmaceutical companies identify innovative drugable targets and public research institutes find out gene functions. We will individually grant a non-exclusive use right of the strains to provide them onerously.
   We will operate the domestic licensing business through our agent, Charles River Laboratories Japan, Inc. and the international licensing business through our partner, genOway in France.


The effects of said business on our performance for the fiscal term ending March 2007 are as yet unknown, but we will make an announcement as soon as it is revealed that the business will have a significant impact on our future performance.

 
 

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