Life Technologies Corp. – Carlsbad: CEO Greg Lucier said that the market for using genetic scanning machines to analyze large swaths of DNA will grow by 20% to 30% annually, and is likely to ready $10-billion in the next few years. “Theoretically, it could be tens of billions,” Lucier said in an interview in New [...]
Archive for the ‘Life Technologies’ Category
Life Technologies Corp., Carlsbad: Has started selling a detection kit to find the bacterium Salmonella enteritidis in poultry eggs. The kit detects the presence of the disease-causing bacterium 10 times faster than with other tests, Life Tech announced. Life Tech said the US Food and Drug Administration (FDA) has ruled that its new TaqMan kit [...]
October 5th, 2010 | Posted in Life Technologies
Life Technologies Corp., announced that it has completed the previously announced acquisition of Ion Torrant for $375-million in cash and stock. By aquiring Ion Torrant, Life Technologies takes over their DNA sequencing technology which utilizes semiconductors. The resulting sequencing system is simpler, faster, less expensive, and scalable for other sequencing technologies.
June 23rd, 2010 | Posted in Life Technologies
Life Tecnologies Corporaton, San Diego, has been approved by the FBI for using 2 forensic technologies from Life to generate DNA profiles that would be included in the agency’s database, the Combined DNA Index System, or CODIS. Life announced that it is the first company to have gained approved for both a diagnostic kit and [...]