Olink Bioscience and Axxora LLC signs distribution agreement for the US market

Olink Bioscience and Axxora LLC signs distribution agreement for Duolink in the North American market

UPPSALA, SWEDEN, November 9, 2009 - Olink Bioscience a Sweden based biotechnology company has entered into a distribution agreement with Axxora LLC for distribution of Olink Bioscience product line Duolink® in the North American market. Axxora, a major life science research distributor in San Diego, USA, will handle distribution and service of Olink Bioscience products.

"We are proud to announce the collaboration with the life science reagent distributor Axxora. Together with Axxora Olink Bioscience will continue to expand the distribution of our product line in the North American market. We see a huge commercial potential in the product line going forward", comments Peter Karlberg, Director Sales and Marketing, Olink Bioscience.

"We believe Olink Bioscience unique PLA(TM) technology and Duolink product line will increase Axxora's position in the marketplace of innovative research reagents" says Brian Conkle, President of Axxora LLC.

The Duolink product line is based on Olink Bioscience proprietary in situ PLA, a proximity ligation assay technology that extends the capabilities of traditional immunofluorescence and immunohistochemistry to include direct detection of proteins, protein interactions and modifications with unparalleled specificity and sensitivity. Target proteins are detected with single molecule resolution, allowing digital quantification and information about the exact localization of the target. Furthermore, the proteins can be studied at normal expression levels in fixed cells and tissue sections.

About Olink Bioscience

Olink Bioscience is a privately held biotech supply company based in Uppsala, Sweden founded in 2004. The company controls significant IP covering technologies related to detection and analysis of proteins and nucleic acids. These technologies are commercialized as proprietary Olink Bioscience products, in spin-out companies and in collaboration with external organization. In 2007 Olink Bioscience introduced the Duolink product line for in situ detection of proteins, protein interactions and protein modifications. These products are based on PLA, a proximity ligation assays technology which use dual recognition of the analyte in combination with a DNA amplification based reporter system, resulting in unparalleled sensitivity and specificity. The technology is available as reagent kits and contract research projects through Olink Bioscience.

Duolink is intended for research use only. Duolink is not for use in human diagnostic or therapeutic procedures.

About Axxora

Axxora is a proven platform for Original Manufacturers of innovative life science reagents. Researchers and purchasing organizations visit the Axxora.com online marketplace and instantly connect with high quality innovative suppliers from around the globe. Our local sales organizations have introduced Axxora.com at universities, pharmaceutical & biotech companies and government research institutions. Customers worldwide utilize our unique marketplace daily to find and order innovative reagents.

For information please contact:

Peter Karlberg
Director Sales and Marketing
Olink Bioscience
Phone: +46 (0)18444 30 70
email: peter.karlberg@olink.com