Integrated DNA Technologies, Inc. Acquires GenBase, Inc. And Plans For New Oligonucleotide Production Center
作者: 整理时间:2005-12-20
12/15/2005
Coralville, IA - Integrated DNA
Technologies (IDT) announces the completion of its acquisition of San
Diego, CA based custom oligonucleotide supplier GenBase, Inc. The
acquisition, which results in the establishment of a new IDT West
Coast Operations division, gives the company an immediate, locally
based, next-day oligo production capability in the heart of the
California biotech industry, as well as access to GenBase's local
knowledge and industry experience.
Acquiring GenBase, and establishing IDT West Coast Operations,
represents the beginning of a new phase of growth for Integrated DNA
Technologies, Inc., the largest supplier of custom nucleic acids in
the U.S. "Researchers everywhere are under pressure to produce results
quickly, and they know that IDT represents the best in oligo
synthesis, quality assurance, and customer support," noted Trey
Martin, chief operating officer of Integrated DNA Technologies, Inc.
"Now we're bringing that quality standard and QC to the next-day
service sector at the heart of California's important oligo market.
"GenBase's success in serving organizations for the last eight
years played a central role in the development of this deal," said Jun
Wang, founder and CEO of GenBase, Inc. "We share IDT's commitment to
the customer, and to the Life Sciences industry, and look forward to
adding our experience, and ideas to theirs."
Heading IDT's West Coast Operations in San Diego will be general
manager Dan Dernbach, an eight year veteran at IDT. GenBase's Jun Wang
will remain as IDT's vice-president of international sales, with a
focus on the Pacific Rim. The new facility will use Integrated DNA
Technologies' in-house nucleic acid synthesis technologies and
processes, and will begin oligonucleotide production in late December
2005.
SOURCE: Integrated DNA Technologies, Inc.
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