Celera Licenses Lung Cancer Intellectual Property from Medical Therapies

ALAMEDA, Calif. and SYDNEY, AUSTRALIA--(Business Wire)--
Celera Corporation (NASDAQ:CRA), a health care company focused on genetics, and
Medical Therapies Limited (ASX:MTY), a biotechnology company developing
midkine-related diagnostic and therapeutic products, have entered into an
exclusive license agreement for the use of MTY`s midkine patent portfolio for
the development of novel lung cancer diagnostics.

Pursuant to the license, Celera will be able to utilize MTY`s midkine patents
for the development and commercialization of diagnostic products to address a
range of lung cancer-related applications, including risk assessment, early
detection, differentiation, prognosis as well as monitoring of reoccurrence and
disease progression and response to treatment.

Numerous clinical studies have been conducted to date validating the role of
midkine in early cancer formation. Blood midkine levels are greatly elevated in
the early stages of cancer formation and poor prognosis for patients has also
been closely linked to high midkine levels in a number of cancers1-3.

"Celera has used a novel mass spectrometry-based approach to identify potential
circulating protein biomarkers for non-small cell lung cancer. We believe that
midkine could have an important role in a blood-based immunodiagnostic assay and
are pleased to be able to incorporate midkine in our on-going research and
validation activities towards the development of a method to detect lung cancer
using a simple blood test," said Steve Ruben, Ph.D., Vice President of
Proteomics at Celera.

The terms of the license include upfront and milestone payments and royalties on
net product sales for the life of the relevant patents. Additional financial
details of the agreement were not disclosed.

"We are delighted to license our technology to Celera given its history of
success in the development of genomics and in particular diagnostic products,"
said Maria Halasz, Chief Executive Officer and MD of Medical Therapies. "This
license is a significant endorsement of the potential value of midkine for the
early diagnosis, prognosis and disease management of cancer."

"We`re pleased to have licensed Medical Therapies` cancer-related diagnostic
asset and expect that it could be a valuable contributor to our disease
assessment and management products in lung cancer," said Thomas White, Ph.D.,
Chief Scientific Officer of Celera.

About Celera

Celera is a healthcare business focusing on the integration of genetic testing
into routine clinical care through a combination of products and services
incorporating proprietary discoveries. Berkeley HeartLab, a subsidiary of
Celera, offers services to predict cardiovascular disease risk and improve
patient management. Celera also commercializes a wide range of molecular
diagnostic products through Abbott and has licensed other relevant diagnostic
technologies developed to provide personalized disease management in cancer.
Information about Celera Corporation, including reports and other information
filed by the company with the Securities and Exchange Commission, is available
at http://www.celera.com.

About Medical Therapies Limited

Medical Therapies Limited is a biotechnology company listed on the Australian
Stock Exchange. The Company is the owner of the largest and most comprehensive
intellectual property portfolio around midkine globally. Midkine is a novel
therapeutic and diagnostic target. It is a native protein expressed during early
cancer formation as well as at the onset of a number of inflammatory processes.
Information about Medical Therapies Limited is available at www.mty.com.au.

Forward-Looking Statements

Certain statements in this press release are forward-looking. These may be
identified by the use of forward-looking words or phrases such as "believe,"
"expect," "will," "should," "anticipate," "may," "could," "can," and "intend,"
among others. These forward-looking statements are based on Celera`s current
expectations. The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for such forward-looking statements. In order to comply with the
terms of the safe harbor, Celera notes that a variety of factors could cause
actual results and experience to differ materially from the anticipated results
or other expectations expressed in such forward-looking statements. The risks
and uncertainties that may affect the operations, performance, development, and
results of our business include, but are not limited to, the risks and
uncertainties that: (1) Celera is using novel and unproven methods to discover
markers for the development of new diagnostic products, which may not be
successful; (2) the diagnostic industry is very competitive, and new diagnostic
products may not be accepted and adopted by the market; (3) demand for
diagnostic products may be adversely affected if users of these products cannot
receive adequate reimbursement for these products from third party payors such
as private insurance companies and government insurance plans; and (4)
uncertainty of the availability to Celera of intellectual property protection,
limitations on its ability to protect trade secrets, the risk to it of
infringement claims, and the possibility that it may need to license
intellectual property from third parties to avoid or settle such claims. The
foregoing list sets forth some, but not all, of the factors that could affect
Celera's ability to achieve results described in any forward-looking statements.
For additional information about the risks and uncertainties that Celera faces
and a discussion of its financial statements and footnotes, see documents filed
by Celera with the SEC, including its transition report on Form 10-KT and all
subsequent periodic reports. All information in this press release is as of the
date of the release, and Celera does not undertake any duty to update this
information, including any forward-looking statements, unless required by law.

References

1. Obata Y, et al. Kumai H. Serum midkine concentrations and gastric cancer.
Cancer Sci 2005 January;96(1):54-6.

2. Maeda S, et al. Clinical significance of midkine expression in pancreatic
head carcinoma. Br J Cancer 2007 August 6;97(3):405-11.

3. Ibusuki M, et al. Midkine in plasma as a novel breast cancer marker. Cancer
Sci 2009 September;100(9):1735-9.

Celera Corporation
David Speechly, Ph.D.
510.749.1853
David.Speechly@celera.com

Copyright Business Wire 2009