PALO ALTO, Calif.--(BUSINESS WIRE)--Science Exchange, the leading marketplace for outsourced R&D, announced today that it and Corning Life Sciences, through its Discovery Labware, Inc. subsidiary, entered into an agreement to offer online access to Corning’s ADME/Tox services to scientists around the globe.
Corning Life Sciences offers high-quality, innovative products for life science applications, enabling people around the world to make and deliver life-changing discoveries. Offering biological research products and contract research services, Corning® Gentest™ has contributed to hundreds of pharmaceutical discovery and development programs over the span of more than 25 years.
“We are dedicated to helping our customers stay on the leading edge of drug discovery and development, offering products and services critical to their internal ADME teams,” said Keith R. Olson, Ph.D., global director, Business Operations, Corning Life Sciences. “An agreement with Science Exchange expands our ability to support these scientists in meeting their critical drug discovery and preclinical testing objectives.”
"Corning met our rigorous standards for quality and compliance while demonstrating a long track record of success in developing and conducting in vitro drug-drug interaction studies," said Elizabeth Iorns, Ph.D., co-founder and CEO of Science Exchange. “We are excited to collaborate with Corning to make available its ADME/Tox services to scientists worldwide."
About Science Exchange
Science Exchange is the world's leading marketplace for outsourced R&D, providing large R&D organizations with the fastest path from discovery through development and commercialization. Science Exchange includes an efficient source-to-secure platform for ordering 6,000+ services from a network of more than 2,500 qualified outsourced research providers, all with pre-established contracts in place that protect client intellectual property and confidentiality. The platform increases access to innovation and improves productivity, freeing scientists from administrative tasks and delays associated with sourcing, establishing and managing service provider contracts. Additionally, the Science Exchange enterprise program enables large R&D organizations to consolidate research outsourcing spend into a single strategic relationship, driving efficiency, improving transparency and oversight, and delivering cost savings. Since being founded in 2011, Science Exchange has raised more than $58 million from Norwest Venture Partners, Maverick Capital Ventures, Union Square Ventures, Collaborative Fund, Index Ventures, OATV, the YC Continuity Fund, and others. For more information, visit www.ScienceExchange.com. Follow the company on Twitter @ScienceExchange, Facebook, and LinkedIn.
About Corning Incorporated
Corning is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.
Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.
