Corning Incorporated Acquires Axygen BioScience, Inc.

Acquisition to expand Corning's portfolio of life sciences products and global customer access

18-Sep-2009 - USA

Corning Incorporated announced that it has acquired all the shares of Axygen BioScience, Inc. and its subsidiaries from American Capital Ltd. for approximately $400 million in cash.

Headquartered in Union City, Calif., Axygen is a manufacturer and distributor of life sciences plastic consumable labware, liquid handling products, and bench-top laboratory equipment with operations in the United States, France, Poland, and China. Axygen will be integrated into Corning's Life Sciences segment.

The acquisition supports Corning's ongoing commitment to supply its customers with a comprehensive and innovative line of laboratory research products by extending its broad array of products. Axygen's product portfolio of plastic consumables (including pipettes, pipette tips, and high-throughput screening (HTS) products) and lab equipment (including centrifuges, pipette controllers, and incubators) expands upon and complements the general labware, cell culture, and HTS/Assay products offered today by Corning. In addition, the acquisition enhances Corning's presence in Asia through Axygen's two manufacturing locations and increases access to customers in the Asia region.

Hemant Gupta, the founder of Axygen, will remain with the business, serving as president and chief executive officer, as will other key personnel of Axygen.

Other news from the department business & finance

These products might interest you

tritec® Chromatographic refrigerators

tritec® Chromatographic refrigerators by tritec für Labortechnik und Umweltsimulation

Energy-efficient chromatography refrigerators for precise temperature control

Safe storage of your HPLC systems at -5 °C to 20 °C with modern touchscreen display

chromatography refrigerators
SmartCheck

SmartCheck by Mettler-Toledo

Check Pipette Dosing Accuracy - Lightning Fast in Under a Minute

Detect dosing errors before it gets expensive

pipette calibration devices
Starlab Minizentrifuge

Starlab Minizentrifuge by STARLAB

The Starlab Minicentrifuge - ahead of the curve

This compact unit delivers quiet, intuitive and smooth operation along with a modern design

mini centrifuges
BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios

BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios by Bios Analytique

Specialists in the rental and leasing of scientific equipment for laboratories throughout Europe

Whether you have an unexpected requirement or limited budget, we have the perfect solution for you

lab equipment
KNAUER IJM NanoScaler

KNAUER IJM NanoScaler by KNAUER

Efficient formulation of lipid nanoparticles for RNA-based therapies

Optimise drug encapsulation from 1 ml to hundreds of millilitres with minimal drug input

formulation systems
Loading...

Most read news

More news from our other portals

See the theme worlds for related content

Topic world Pipetting

Pipetting is one of the most basic yet critical techniques in the laboratory. It enables the precise and controlled transfer of liquids, which is essential for accurate measurements and reliable results. Whether in DNA analysis, cell culture or biochemical assays, correct pipetting significantly influences the quality of the results.

10+ products
5+ whitepaper
10+ brochures
View topic world
Topic world Pipetting

Topic world Pipetting

Pipetting is one of the most basic yet critical techniques in the laboratory. It enables the precise and controlled transfer of liquids, which is essential for accurate measurements and reliable results. Whether in DNA analysis, cell culture or biochemical assays, correct pipetting significantly influences the quality of the results.

10+ products
5+ whitepaper
10+ brochures

Topic world Centrifugation

Centrifugation is an indispensable process in the life sciences. By using centrifugal forces, it enables the separation of cells, proteins and other biomolecules according to size and density. Whether in the purification of therapeutic proteins, the isolation of DNA/RNA or the separation of cell cultures - centrifugation plays a central role in biological and pharmaceutical research and production.

3 products
1 whitepaper
2 brochures
View topic world
Topic world Centrifugation

Topic world Centrifugation

Centrifugation is an indispensable process in the life sciences. By using centrifugal forces, it enables the separation of cells, proteins and other biomolecules according to size and density. Whether in the purification of therapeutic proteins, the isolation of DNA/RNA or the separation of cell cultures - centrifugation plays a central role in biological and pharmaceutical research and production.

3 products
1 whitepaper
2 brochures