BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

RainDance Technologies Announces Formation of French Subsidiary


7/10/2008 7:23:20 AM

LEXINGTON, Mass.--(BUSINESS WIRE)--RainDance Technologies, Inc., a provider of innovative droplet-based solutions for human health and disease research, today announced the formation of RainDance Technologies France SARL, a wholly owned subsidiary focused on securing research partnerships in Europe. Based in Strasbourg, RainDance Technologies France SARL will begin operations by September 1, 2008.

“The creation of RainDance Technologies France SARL enhances our company’s ability to collaborate with leading European institutions engaged in drug discovery, genomics, and molecular biology research,” said Chris McNary, President and Chief Executive Officer, RainDance Technologies. “In addition, it will position our proven droplet-based technology for new business opportunities as we expand our presence in the growing European market. RainDance Technologies’ speed and simplicity will enable biomedical researchers to design experiments in ways that were previously unaffordable or unthinkable.”

To house its new subsidiary, RainDance has leased facilities at the Institut de Science et d'Ingénierie Supramoléculaires (ISIS), Université Louis Pasteur, in Strasbourg.

“Locating our offices at ISIS will continue our close relationship with Dr. Andrew Griffiths, a RainDance founder and the Director of the ISIS Chemical Biology Laboratory,” said McNary. “Dr. Griffiths is renowned for his work in the development of phage display for the selection of human antibodies for therapy, and for the development of a novel technique for selection and directed evolution of both nucleic acids and proteins. His support and guidance will be significant assets as we identify and engage in new research partnerships,” he said.

About RainDance Technologies, Inc.

RainDance Technologies is a provider of innovative droplet-based solutions for human health and disease research. The speed and simplicity of the company’s exciting new technology enable researchers to design experiments in ways that were previously unaffordable or unimaginable.

The company’s technology produces picoliter-volume droplets at a rate of 10 million per hour. Each droplet is the functional equivalent of an individual test tube and can contain a single molecule, reaction, or cell. This versatile technology can adapt highly referenced assays for high-speed workflows with minimized process-induced bias or error.

RainDance’s initial application will focus on the targeted resequencing of the human genome — one of the fastest-growing segments of the $1 billion DNA sequencing market. This application will enable the high-resolution analysis of genetic variation between individuals and populations at a level unmatched by current methodology.

RainDance was founded in 2004 by scientists from Harvard University; the Medical Research Centre in Cambridge, England; and the ESPCI in Paris. The promise of this technology has attracted an outstanding Scientific Advisory Board. RainDance advisers include three Nobel Prize winners: Jean-Marie Lehn (Chemistry, 1987), Aaron Klug (Chemistry, 2002), and Sir Richard Roberts (Physiology or Medicine, 1993), as well as Sir Gregory Winter, joint head of the British Division of Protein and Nucleic Acids Chemistry at the Medical Research Council's Laboratory of Molecular Biology in Cambridge.

For more information, please visit www.raindancetechnologies.com.

Contact: For corporate questions, contact: RainDance Technologies Steve Becker, 781-861-6300 beckers@raindancetechnologies.com or For technical questions, contact: RainDance Technologies Jeremy Lambert, 781-861-6300 lambertj@raindancetechnologies.com

Source: RainDance Technologies, Inc.

Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES