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Enzo to purchase Axxora Life Sciences.


New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 5/30/07--Enzo Life Sciences, a subsidiary of Enzo Biochem, has signed an agreement to acquire Axxora Life Sciences for approximately $16.3 million in cash. Axxora, based in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation).
San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951.
, manufactures and markets life science reagents. Two of Axxora's divisions, ALEXIS Biochemicals and Apotech, are based in Switzerland, and manufacture a variety of reagents, including recombinant proteins Since human recombinants have replaced the animal version in human therapeutics, the prefix of "rh" for "human recombinant" appears less and less in the literature Human recombinants that replaced animal or harvested from human types
, monoclonal antibodies This is a list of monoclonal antibodies, antibodies which are clones of a single parent cell. When used as medications, the generic names end in -mab (see "Nomenclature of monoclonal antibodies").  and apoptosis reagents, In addition, Axxora markets more than 40 brands on its website. In 2006, Axxora had revenues of $16 million and 60 employees worldwide. "We expect [the acquisition] to prove highly synergistic with regard to the activities of Enzo Life Sciences," stated Barry Weiner, president of Enzo. The deal is expected to close in early June.
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Title Annotation:Executive Briefing: News & Views for Executives; Enzo Life Sciences; Axxora Life Sciences
Comment:Enzo to purchase Axxora Life Sciences.(Executive Briefing: News & Views for Executives)(Enzo Life Sciences)(Axxora Life Sciences)
Publication:Instrument Business Outlook
Article Type:Brief article
Geographic Code:1USA
Date:May 31, 2007
Words:122
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