Life Technologies and Sino Biological Form Proteomics Partnership
August 30, 2012 at 11:00 AM EDT
Life Technologies of San Diego has partnered with Sino Biological Inc., a Beijing company that provides biologic tools to life science researchers. Life Technologies will distribute Sino Biological's extensive portfolio of recombinant proteins, antibodies and Elisa kits through its own large distribution network. The two companies will also jointly develop new products, leveraging R&D synergies. Life Technologies produces almost $4 billion of revenue per year from its large catalogue of 50,000 products for biopharma researchers. More details.... Stock Symbol: (NSDQ: LIFE)