Celera Corp has announced that it has entered into a research collaboration with Abbott to identify genetic markers for one of Abbott’s investigational compounds. A key aim of the collaboration is to investigate if genetic variants Celera has identified can predict how patients may respond to treatment. The identification of treatment response markers may assist in further development of the drug.

Under the terms of this collaboration, Abbott will pay Celera an undisclosed fee to perform this study and any resulting companion diagnostic product could be developed by Celera and commercialized through its existing strategic alliance with Abbott.

“We’re pleased to enter this collaboration with Abbott as it further reinforces Celera’s commitment to personalized medicine,” said Thomas White, PhD, Chief Scientific Officer at Celera. “The results of this study will provide new information on the correlation between genetic markers associated with disease and response to therapy. Routinely testing this general concept in early clinical trials may give us new and important insights to personalizing disease management.”

Source: Business Wire