Saturday, May 29, 2010

This week Update

Some 6-7 years back I had started working in the field of Molecular Biology and Fermentas and Geneart are the acronyms in our field.....This week there were following updates.............

- Life tech has purchased Germany based Gene-art for 47M USD, Gene-art has been into synthetic DNA, duplexes and oligos for a long time and with this acquisition Life tech has acquired capabilities from initial DNA synthesis to Bio-pharmaceutical pilot scale production.

- Thermo Fischer on the other hand into Biotechnology based instruments and storage and now it has acquired Fermentas (one of the market leaders in Restriction Digestion Technology, so now Novozyme and Danisco, New england Biolabs has touch competition ahead.

Now i am awaiting news from Qiagen as it has not done any major deals this quarter compared to last year 2009

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