Published:
BioEnergy International, LLC Acquires Assets of OmniGene Bioproducts, Inc.
QUINCY, Mass., July 18 /PRNewswire/ -- BioEnergy International, LLC
(BioEnergy), a privately-held, biotech-based developer and manufacturer of
next-generation, renewable biochemicals and biofuels, announces the
acquisition of certain assets of OmniGene Bioproducts, Inc. (OBI) and the
integration of its current employees. OBI, currently based inCambridge, MA,
possesses core competencies and proprietary Bacillus host technology and
metabolic pathway engineering expertise to develop efficient strains for the
fermentative production of commercial products.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080211/NEM085LOGO )
OBI's scientists are industry leaders with a broad range of expertise in
molecular biology, cell biology, and fermentation technology, with Bacillus
subtilis, Corynebacterium glutamicum, Escherichia coli, Streptomyces, and
yeast species. "The addition of Jan Pero, Rog Yocum, and their world-renowned
R&D team, as well as their library of proprietary strains, organisms and
plasmids, represents an enormous complement to and expansion of BioEnergy's
existing cutting-edge microbial platform development, said Stephen J. Gatto,
Chairman and Chief Executive Officer of BioEnergy. "OBI's track record of
successfully commercializing products over the years has clearly set them
apart in the marketplace. We look forward to their immediate contributions
toward making BioEnergy the premier industrial bioproducts player in the
industry."
The OBI personnel will be incorporated into BioEnergy's existing Research
& Development Group, located inWoburn, MA. "As attractive as OBI's
proprietary organism portfolio is, the real strength of this transaction is
the addition of this entire team's core competency and track record of
metabolic pathway engineering," said Dr. Joseph Glas, Senior Vice President of
BioEnergy's R&D Group. "The OBI scientists represent an immediate enhancement
and growth of BioEnergy's strain improvement & development program for
biochemicals and biofuels."
Dr. Janice Pero, President of OBI, has over 25 years of experience in
research management and is an expert in gene regulation, excelling in the
genetic engineering and molecular biology of Bacillus and Streptomyces
species. Dr. Pero was an Associate Professor at Harvard University, and a
founder of BioTechnica International in 1981, before starting OBI in 1995.
Dr. Pero received a Ph.D. in Biochemistry and Molecular Biology from Harvard
University.
Dr. Rog Yocum, Senior Program Director at OBI, is an expert in genetic
engineering of biochemical pathways in bacteria and yeast, and genetic
engineering of industrial yeasts. Dr. Yocum was a founder of BioTechnica
International in 1981 and served as a Program Director before joining OBI as a
founding member. Dr. Yocum received a Ph.D. in Biochemistry from Harvard
University.
"We are pleased that OBI's approach, which combines our expertise in
genetic engineering with computer-controlled fermentation technology to
develop highly productive strains that convert inexpensive sugars into high
value specialty products, is completely complementary to BioEnergy's strategic
mission," said Dr. Pero. "We are excited to combine our resources in the
development of further proprietary technology and strains."
About OBI
OmniGene Bioproducts, Inc. is a privately held biotech company that has
been active in the field of metabolic engineering for more than 12 years, with
a focus on producing vitamins and amino acids by fermentation from renewable
resources. OBI's small but highly productive group of scientists has been
responsible for the development of food grade bacteria that produce riboflavin
(vitamin B2), pantothenic acid (vitamin B5), and the amino acid methionine.
In all cases, the organisms and processes developed by OBI's scientists have
set records for the highest published titers of their respective products. For
more information visit www.omnigenebioproducts.com.
About BioEnergy
BioEnergy International, LLC is a privately held science and technology
company focused on developing innovative biorefineries using novel
biocatalysts for the production of high-value renewable fuels and bio-based
polymer precursors and intermediates used by energy companies, specialty
chemical companies, and manufacturers in a wide range of consumer products.
Led by a world-renowned team of molecular biologists, engineers, and chemists,
BioEnergy utilizes proprietary technology to advance the development of low-
cost cellulosic sugars for the sustainable production of high-value specialty
chemicals and renewable fuels. The company's strategic vision is to replace a
barrel of crude with a pound of sugar derived from waste for the manufacture
of everything from the fuel we put in our cars to the plastics and fabrics we
use in our everyday lives. For more information, visit www.bioenergyllc.com.
Contact: Stephen J. Gatto, Chairman and Chief Executive Officer
Samuel G. McConnell, Sr. Vice President, Corporate Development
(617) 657-5200
SOURCE BioEnergy International, LLC
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Copyright © 2008, NewsBlaze,
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