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Life Technologies Corporation was a biotech company founded in November 2008 through a US $6.7 billion merger of Invitrogen Corporation and Applied Biosystems Inc. The joint sales of the combined companies were about $3.5 billion; they had about 9,500 employees and owned more than 3,600 licenses and patents.
Applied Biosystems is one of various brands under the Life Technologies brand of Thermo Fisher Scientific corporation. The brand is focused on integrated systems for genetic analysis, which include computerized machines and the consumables used within them (such as reagents).
Invitrogen was founded in 1987 by Lyle Turner, Joe Fernandez, and William McConnell and was incorporated in 1989. The company initially found success with its kits for molecular cloning—notably, The Librarian, a kit for making cDNA libraries, and the FastTrack Kit for mRNA isolation from biological samples.
Life Technologies (NAS: LIFE) reported earnings on April 24. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended March 31 (Q1), Life Technologies beat slightly on ...
The Wall Street Journal calls Carlsbad, Calif.-based Life Technologies an $11 billion "company you never heard of." As the Journal reports, a buyout group including private-equity powerhouses ...
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The New York City Economic Development Corporation's Early Stage Life Sciences Funding Initiative and venture capital partners, including Celgene, General Electric Ventures, and Eli Lilly, committed a minimum of US$100 million to help launch 15 to 20 ventures in life sciences and biotechnology in 2014, [6] and in January 2018, the City of New ...
Life Technologies , a giant in the gene sequencing space, had a healthy start to 2013. This stock popped in January on speculation that the company was exploring the possibility of a buyout.