| LION BIOSCIENCE AG AND MDL INFORMATION SYSTEMS, INC. SIGN SOFTWARE AND RESELLER AGREEMENTS | |||||||
| Agreements to Facilitate Creation of Comprehensive Life Science Knowledge Management Solutions | |||||||
|
HEIDELBERG, Germany and SAN LEANDRO, California, USA—July 19/18, 2001—LION bioscience AG (Neuer Markt: LIO, WKN 504 350, Nasdaq: LEON), the leading provider for integrated Life Science Information management solutions, and MDL Information Systems, Inc., the recognized leader in discovery informatics for the life sciences and chemistry in industry and academia, today announced that they have entered into software license and reselling agreements. |
|||||||
|
LION will license a wide range of MDL's industry-standard informatics applications and databases in order to develop and commercialize software applications that can interface with MDL's widely deployed products. Together with MDL's applications, LION's integrated Life Science Informatics offering will further accommodate the entire R&D chain of the life science industry. The license includes MDL's ISIS, Assay Explorer, Apex, Afferent and CrossFire Beilstein, which will also be immediately deployed for use in LION's internal drug discovery efforts. At the same time MDL will be the exclusive, global reseller for LION's iDEA product line for the prediction and analysis of ADME (adsorption, distribution, metabolism, excretion). Financial details of the agreements were not disclosed. |
|||||||
|
"This arrangement with MDL is another important step in facilitating the creation of knowledge management solutions that can integrate all disciplines in discovery that are required by the life science industry. The distribution of our unique iDEA products through MDL's sales force will enable us at the same time to introduce our software to an even larger customer base," said Dr. Friedrich von Bohlen, CEO of LION bioscience. "Our joint customers can now take advantage of the integration of MDL's leading informatics systems in addition to those of other cheminformatics partners as part of our integrated life science informatics solution. This will enable our customers to significantly improve performance and quality while reducing R&D time for their in-house discovery programs." |
|||||||
|
Pat Rougeau, president and CEO of MDL, said, "We are delighted that LION has selected MDL products as a key component of their research environment. They join the multitude of leading life science companies using MDL's discovery informatics solutions to enhance and accelerate their drug discovery efforts. Enabling LION to create interoperability with our products is another example of MDL's strategy to provide an open, flexible, and scaleable discovery informatics environment for the life sciences industry. We also are pleased to add LION's iDEA products to MDL's product portfolio to further create a comprehensive offering in the important area of ADME/Tox prediction and analysis for our mutual customers." |
|||||||
|
About LION bioscience |
|||||||
|
About MDL |
|||||||
|
About Discovery Informatics Solutions from MDL |
|||||||
|
All statements in this press release that are not historical are forward-looking statements within the meaning of the U.S. securities laws. Such statements are based on current expectations that are subject to risks and uncertainties. Actual results may vary materially from those projected because of factors such as uncertainties relating to technologies, product development, or manufacturing, market acceptance, cost or pricing of LION’s products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, or patent protection and litigation. These and other risk factors are discussed in LION's Registration Statement on Form F-4 declared effective by the SEC on February 9, 2001. LION expressly disclaims any obligation or undertaking to release publicly any updates, revisions or corrections to any forward-looking statements or historical information contained herein. LION bioscience® and i-biology® are either registered trademarks of LION bioscience AG in the United States and/or other countries, or LION bioscience AG has pending applications for these trademarks in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademark of the respective owners. Trega Biosciences, Inc. has a pending trademark application for iDEA in the United States. Trega® is a registered trademark of Trega Biosciences, Inc. MDL and Assay Explorer are registered trademarks in the United States and Afferent, Apex, and ISIS are trademarks of MDL Information Systems, Inc. CrossFire is a registered trademark of MDL Information Systems GmbH. Beilstein Database: Copyright © 1988-2001, Beilstein-Institut zur Förderung der Chemischen Wissenschaften licensed to Beilstein Chemiedaten und Software GmbH and MDL Information Systems GmbH. All rights reserved. Oracle is a registered trademark of the Oracle Corporation. All other product and company names may be trademarks or registered trademarks of their respective owners, in the United States and other countries. |
|||||||
|
|||||||
