Saladax enters into master collaboration agreement with Bristol- Myers Squibb

BETHLEHEM, Pa.—Saladax Biomedical Inc., aprivately held company developing and commercializing novel diagnostic assaysto achieve the promise of personalized medicine for new and existingtherapeutics, recently the company has expanded its existing relationship withBristol-Myers Squibb Co. by entering into a master early developmentcollaboration agreement, which may include multiple feasibility studies andcompanion diagnostic development projects. With the signing of this agreement,the companies have already initiated a new companion diagnostic project in anundisclosed field. Terms of the agreement were not disclosed.