Sengenics Merger with Standard BioTools Amplifies Proteomics Reach

Deal News | Nov 22, 2024 | Summa Equity

Sengenics Merger with Standard BioTools Amplifies Proteomics Reach

Summa Equity, a private equity firm, has orchestrated the merger of Sengenics, a leader in functional proteomics, with Standard BioTools, a pioneer in advancing drug development through unique biological insights. Sengenics, leveraging its proprietary KREX TM protein-folding technology, enhances Standard BioTools' offerings which focus on improving patient care and advancing oncology and immunology research. This strategic merger aims to broaden the reach and capabilities in the proteomics industry through the integration of precise antibody profiling techniques, expanding Standard BioTools' ability to empower pharmaceutical companies and research institutions in the pursuit of novel disease insights and accelerated biomarker discovery.

Sectors

  • Proteomics
  • Biotechnology

Geography

  • United States – Standard BioTools is based in San Francisco, highlighting the geographical relevance of the United States in this merger.
  • Global – Sengenics, though founded in 2008, operates with a global focus, making the merger impactful on an international scale.

Industry

  • Proteomics – The article focuses on companies involved in the proteomics sector, where Sengenics and Standard BioTools are enhancing their capabilities through a strategic merger.
  • Biotechnology – Both Sengenics and Standard BioTools operate within the biotechnology industry, specializing in drug development and biomarker discovery.

Financials

    Participants

    NameRoleTypeDescription
    SengenicsTarget companyCompanyA functional proteomics company known for its KREX TM protein-folding technology, enabling precise antibody profiling.
    Standard BioToolsBidding companyCompanyA company providing solutions for drug development and patient care, focusing on areas such as oncology and immunology.
    Summa EquityPrivate Equity FirmCompanyA private equity firm involved in merging Sengenics with Standard BioTools.