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BioTrove, Inc. Launches Momentum™ Technology—Ultra High Throughput Mass Spectrometry System for Functional Assay Development

New Service to be Introduced at Drug Discovery Technology Conference

Woburn, MA, August 11, 2003—BioTrove, Inc. today introduced the Momentum™ technology, a patented ultra high-throughput mass spectrometry service enabling microliter-scale functional assay development and screening of intractable targets for which current technology is not an option. Through the Momentum Screening Service, BioTrove collaborates with customers to develop label-free assays and to screen chemical libraries against biological targets. Detailed information about the technology is available at BioTrove's Booth # 2023 at The Drug Discovery Technology™ World Congress, being held August 11 - 13, 2003 at the Hynes Convention Center in Boston, Mass.

While genomics and proteomics has led to the discovery of a large number of novel drug targets, the development of assays for screening these targets is a key bottleneck in the drug discovery process. Momentum's ability to directly measure native biological substrates greatly reduces assay development time by eliminating the need to develop and validate complex assays using non-native substrates, indirect detection schemes and radioactivity. Momentum is the second integrated platform BioTrove offers to reduce assay development, screening time and expenses as well as target and reagent costs.

BioTrove's Living Chip™ system conducts rapid and parallel nanoliter-scale liquid processing for ultra high-throughput screening and storage. According to President and Chief Executive Officer of BioTrove, Dr. Colin J.H. Brenan, "With Momentum, BioTrove has the ability to unlock the value of intractable targets by increasing the speed to lead discovery. We can now provide customers with solutions that were essentially unsolvable with standard methods. In addition, for many applications that can be solved by conventional methods, Momentum delivers higher quality data, in terms of minimizing false positive and negative hits."

The maximum sustainable throughput of the Momentum system is one sample per second and it allows for the mass spectrometric analysis to be performed in the presence of assay components such as salts, buffers, detergents, enzymes and co-factors. With Momentum, an assay can be developed and validated for a novel target and screened against a small molecule library in less than one month. Dr. Can C. Ozbal, program manager for Momentum adds, "BioTrove plans to provide pharmaceutical partners with high-quality primary screening services for a wide range of enzymatic assays, allowing them to increase productivity, decrease the time associated with compound screening and enable the development of difficult targets previously overlooked due to technical challenges." The key component of Momentum is the Lab-on-a-Tape(TM) instrument. It is a turnkey desktop-sized system that processes fluidic samples continuously in a manner similar to an assembly line incorporating liquid-handling stations designed to carryout the assay protocol in a robust and fully automated fashion. Assay cost is reduced through lowered target and reagent consumption, saving time and money in upstream protein production. To date, Momentum has been used on a wide range of targets in many therapeutic areas including metabolic disorders, inflammation, cardiovascular, oncology, immunology, CNS/neurology, anti-infectives and pain management. Substrates and products that have been analyzed include compounds such as fatty acids, lipids, phospholipids, phosphatidylcholines, sphingolipids, steroids, prostaglandins, peptides, nucleotides/oligonucleotides, neurotransmitters and very small molecules (less than 150 mass units). BioTrove has received financial support for the development of Momentum through a collaborative agreement with Pfizer, Inc.

About BioTrove

BioTrove, Inc. is a privately held, biotechnology company focused on leveraging revolutionary micro- and nano-scale engineering solutions to overcome current bottlenecks in pharmaceutical drug discovery and biotechnology. BioTrove has developed two innovative nanofluidic technologies - the Living Chip™ and Momentum™ - that enable the rapid processing of molecular information encoded in nanoliter reaction volumes. BioTrove offers integrated library storage and screening services based on the core technology as well as advanced instrumentation to partners.

For more information contact:

Dr. Colin Brenan
President and Chief Executive Officer
BioTrove, Inc.
info@biotrove.com

Shannon Altimari
Feinstein Kean Healthcare
saltimari@fkhealth.com
(617) 577-8110

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