Wednesday, December 21, 2022
Integrated DNA Technologies, Inc. (IDT) announced it closed on the purchase of Next Generation Sequencing (NGS) research assays from Invitae Corporation (NYSE: NVTA) under the trademarked name Archer®. The integration of IDT’s portfolio with the acquired NGS research assays—which have been foundational in researching novel cancer fusions—will empower labs with an all-in-one solution to uncover biomarkers and advance cancer discoveries. The transaction enables IDT to expand its existing operations, build upon the legacy Archer portfolio, and welcome more than 100 new associates globally.
“The acquisition of the NGS research assays aligns with our focus to accelerate the pace of scientific discovery, laying the foundation for IDT to become a leading oncology research solutions provider,” said Demaris Mills, president, IDT. “The products, tools, talent and licensed technology will enable us to grow our NGS platform and unlock new market opportunities for IDT.”
IDT Invests in NGS Assay Offerings and Enhanced Informatics Capabilities
The acquired NGS research assays are powered by Invitae’s Anchored Multiplex PCR (AMP™) technology and bring new capabilities, including an enhanced bioinformatics platform and expertise, to expand IDT’s xGen™ NGS suite of solutions. The company’s NGS bioinformatics offerings will provide customers with an end-to-end solution to accelerate their projects from bench to analysis. The NGS research assays, which consist of VariantPlex™, FusionPlex™, LiquidPlex™, and Immunoverse™ panels, will continue to be manufactured and produced out of the Boulder, Colo. facility.
Mills added, “Coupled with IDT’s existing xGen NGS portfolio, this acquisition will enable IDT to provide researchers with all-in-one NGS research solutions to uncover novel biomarkers, including critical cancer fusions.”