GLW Corning Inc

Corning Incorporated (NYSE: GLW) announced today it has signed a patent license agreement with the Whitehead Institute through Massachusetts Institute of Technology (MIT), its licensing agent. Under terms of the agreement, Whitehead Institute for Biomedical Research has granted Corning a license for patent rights to Reverse Transfection Method technology for the drug discovery research market. Corning will leverage this newest piece of intellectual property with previously obtained fundamental technology licensed from Aastrom Biosciences, Inc. to enhance the development of its molecular and cell culture applications. This technology enables users to achieve higher throughput and an easier, more efficient method of accomplishing surface-mediated transfection. Corning holds exclusive rights to Aastrom's surface-mediated cell transfection technology used to increase the frequency and efficiency of introducing foreign genes into cells. "We are very pleased to have licensed this important piece of intellectual property from the Whitehead Institute. This move further underscores Corning's commitment to investing in research and development of new products and technologies," said Jeff Mooney, commercial technology director, Corning Life Sciences. "Our expertise in both surfaces and assays, combined with the intellectual property we have acquired from industry leaders such as Whitehead and Aastrom Biosciences, makes us confident we hold the necessary keys to deliver to market a first-of-its-kind technology that will greatly improve our customers' drug discovery research techniques." Corning Life Sciences helps customers succeed by providing innovative, high-quality products and service in the areas of polymer science, biochemistry and molecular biology, glass melting and forming, surface modification and characterization science. The business segment's dedication to quality, technology, and innovation has enabled it to produce a comprehensive line of plastic laboratory disposables and reusable glassware that exceeds American Standard Testing Method (ASTM) standards for life science research. About Whitehead Institute Whitehead Institute is a nonprofit, independent research and teaching institution founded in 1982, "to identify and support the finest young minds in science." Whitehead is affiliated with the Massachusetts Institute of Technology (MIT) in its teaching activities, but wholly responsible for its own research programs, governance, and finance. MIT serves as the licensing agent for Whitehead Institute. About The Massachusetts Institute of Technology MIT is an educational and research university located in Cambridge, Massachusetts. The mission of MIT is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century. Its five schools and one college encompass 34 academic departments, divisions, and degree-granting programs, as well as numerous interdisciplinary centers, laboratories, and programs whose work cuts across traditional departmental boundaries. About Corning Incorporated Corning Incorporated (www.corning.com) is a diversified technology company that concentrates its efforts on high-impact growth opportunities. Corning combines its expertise in specialty glass, ceramic materials, polymers and the manipulation of the properties of light, with strong process and manufacturing capabilities to develop, engineer and commercialize significant innovative products for the telecommunications, information display, environmental, semiconductor, and life sciences industries.