Life Technologies Corporation
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Company Profile

Madison's Discovery Assays and Services business unit develops and manufactures products and services used in the discovery of new pharmaceutical drugs, including biochemical and cell-based assays and compound screening services. In addition to its main facility on Charmany Drive, the company also leases additional space within the Research Park. It operates as a unit of Life Technologies, Cell Systems Division.

Life Technologies (NASDAQ: LIFE) is a global biotechnology tools company dedicated to improving the human condition. The company's systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. Life Technologies had sales of more than $3 billion in 2008, employs more than 9,500 people, has a presence in more than 100 countries, and possesses a rapidly growing intellectual property estate of approximately 3,600 patents and exclusive licenses. Life Technologies was created by the combination of Invitrogen Corporation and Applied Biosystems Inc in November 2008. Prior to the merger, the Madison operation was known as Invitrogen Discovery Sciences Group. The Invitrogen name continues to be used as a commerical brand.

(Note: The Madison business unit has no dedicated website.)

Business Sectors
Pharmaceuticals   Human Diagnostics  
Med or Lab Devices   Lab Reagents or Services
Drug Manufacturing   Food & Agribusiness  
CRO   Bioinformatics or Software  
    Other  
Company History
PanVera LLC was founded in 1992 by Ralph Kauten (CEO), Terry Sivesind and Dr. Tom Burke (CSO). Over 10 years, the company grew to approximately 125 employees and about $20M of revenue, utilizing only $4M of angel investment. PanVera was sold to Aurora Biosciences Corp in November 2000 / March 2001 for a reported $85M. When Aurora was acquired by Vertex, Vertex sold the Madison operations (PanVera) to Invitrogen Corp. in 2003 for $105M, and has operated as a subsidiary since then. In 2008 parent company Invitrogen Corporation and Applied Biosystems Inc merged to create Life Technologies Corporation.

LEADERSHIP ROLL: Ralph Kauten Inception-2001; Tom Schwei 2001-2003; Nicholas S. (Nick) Ecos 2003-2008; Chris Armstrong PhD 2008-present.
Life Technologies Corporation
Address 501 Charmany Drive
[Map] Madison
WI
53719
Phone 608-204-5000
Fax 608-204-5200
Website Link
Head Chris Armstrong, PhD
Company Statistics
Global Headcount 140
Local Headcount 140
Year Founded 1992
Ownership Operating Unit
Stock Exchange

Parent Company
Divisional Level Invitrogen Inc.
Senior Level Life Technologies Corp. [Carlsbad, CA]
Global Headcount 9000
Website Link
Stock Exchange NYSE
Reference Documents
News/Profiles
2003 - Invitrogen Buys PanVera From Vertex [View]
2000 - PanVera Purchased by Aurora for $86 Million [View]
1992 - PanVera Founded [View]
Reports
Life Technologies 2009 Annual Report & SEC Form 10-K [View]
Life Technologies 2008 Annual Report & SEC Form 10-K [View]