Luminex® Corporation (NASDAQ: LMNX) develops, manufactures and markets proprietary biological testing technologies, with applications throughout the life-sciences industry. This industry depends on a broad range of tests, known as “bioassays,” to discover new drugs, identify new genes or simply monitor blood cholesterol levels. The in-house experts at Luminex have developed an innovative approach to bioassays, known as xMAP® technology. This groundbreaking technology enables companies and laboratories to perform bioassays more quickly and cost-effectively than with other systems, without sacrificing accuracy.
Luminex has been marketing the current generation of xMAP technology (formerly known as mabMAP®) worldwide since 1999. Thanks to its open-architecture platform, xMAP technology can be applied across a wide range of markets. In fact, xMAP technology-based systems are already in use by leading research laboratories as well as major pharmaceutical, diagnostic and biotechnology companies. Veterinary diagnostics has also benefited from use of xMAP technology.