Ann Arbors Compendia Bioscience Acquired by Life Technologies
Summary
Together, with our information, they have all the pieces.” “We’re pleased for Compendia Biosciences as this acquisition will provide resources to accelerate their growth in Ann Arbor,” said Ken Nisbet, who directs U-M’s tech transfer office, in an e-mailed statement.While Life Technologies didn’t want to get specific about the number of employees it will have in Ann Arbor, it said it doesn’t anticipate cuts at this time.Rhodes says that this personalized medicine approach to oncology is an exciting new path for a database he helped develop as a student assistant to pioneering U-M medical school professor Arul Chinnaiyan.Rhodes says that the early assistance Compendia received from U-M’s tech transfer office in getting its technology out into the marketplace was integral to its success.Ann Arbor SPARK and the Michigan Economic Development Corporation provided early seed funding, while federal small-business grants kept Compendia moving forward.
Classifications
AskAI Classifications
LabelsLinked Companies
