Consolidation in Oligo industry and Growth for India based companies and outsourcing value proposition in Genomics and microarray/oligo industry

Posted on November 17, 2006 by Albin Paul

Ocimum Biosolutions acquires European based Oligo manufacturing company – Isogen Life Science

November 17, 2006, IJsselstein/Hyderabad – Ocimum Biosolutions, a leading provider of laboratory information management systems (LIMS), bioinformatics solutions, Microarrays and contract research headquartered in Hyderabad, India, has acquired the BioMolecules synthesis business of Isogen Life Science based in The Netherlands.
Ms. Anuradha Acharya, [...]

Filed under: Blogroll, Consolidation in Oligo industry, Oligo, RNA, SNP analysis, bioinformatics, ocimum biosolutions, open source in microarray development, outsourcing | 1 Comment »

Indian company gets 6.5 million USD IFC funding to promote contract research in bioinformatics and genetics industry

Posted on November 17, 2006 by Albin Paul

Hyderabad, November 15, 2006 – Ocimum Biosolutions today announced that International Finance Corporation (IFC), the private sector arm of the World Bank Group, will invest USD 6.5 million of equity, for a minority stake, and debt in the Company. Funds raised from this transaction will be used for financing both organic as well as inorganic [...]

Filed under: Blogroll, IFC, bioinformatics, cost efective custom array, funding for Genetics, microarray, ocimum biosolutions, open source in biotechnoligy, outsourcing | Leave a Comment »