Corporate Profile for Soane BioSciences, Inc., dated Aug. 18, 1995.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: Aug. 18, 1995 Company name: Soane BioSciences, Inc.
Address: 3916 Trust Way
Hayward, CA 94545
Telephone No.: 510/293-1855 Chief Executive Officer: Roger G. Novesky Chief Financial Officer: Henry C. Montgomery Investor Relations Contact: Lisa Herbst Business number: 408/739-0252 Public Relations Contact: Lisa Herbst Business number: 408/739-0252 Trading symbol: private company Industry: medical devices Company description: Soane BioSciences, Inc. was formed as a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of Soane Technologies, Inc. in May 1995, coincident with the completion of a $1.4 million venture capital financing To start an own company or to bring a new product to the market, the venture may need to attract financial funding. There are several categories of financing possibilities. If it is a small venture, then perhaps the venture can rely on family funding, loans from friends . The mission of Soane BioSciences is to achieve a leadership position in providing advanced electrophoresis media and systems for biomolecular analysis. These advances in separation will enable researchers and clinicians to analyze proteins and nucleic acids Nucleic acids The cellular molecules DNA and RNA that act as coded instructions for the production of proteins and are copied for transmission of inherited traits. rapidly and cost effectively. Electrophoresis is one of the most common techniques used in both life science research and clinical diagnostics. While electrophoresis instrumentation has become more automated in recent years, the preparation of acrylamide acrylamide /acryl·a·mide/ (ah-kril´ah-mid) a vinyl monomer used in the production of polymers with many industrial and research uses; the monomeric form is a neurotoxin. gels remains a highly labor intensive Labor Intensive A process or industry that requires large amounts of human effort to produce goods. Notes: A good example is the hospitality industry (hotels, restaurants, etc), they are considered to be very people-oriented. See also: Capital Intensive, Trading Dollars task. The demand is increasing for higher throughput, easier to use cost effective electrophoretic devices and media. Creating this opportunity is the worldwide effort to sequence the Human Genome, resulting in the development of new DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. diagnostics and therapeutics. Another important trend is the minimization of health care costs and hospital admissions by testing patients and monitoring therapeutic use in less expensive environments such as the home or physician's office. CONTACT: Soane BioSciences, Inc. |
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