Mergers and Acquisitions

* On July 1, 2013,  Hybrigenics has announced the acquisition by Hybrigenics Services, its subsidiary specialized in protein interactions, of the yeast two-hybrid (Y2H) activities of Dualsystems Biotech, a privately owned Swiss company based in Schlieren near Zurich. This operation will boost Hybrigenics Services’ commercial reach in German-speaking territories, Eastern Europe and China, in addition to Hybrigenics Services’ existing strong positions in North America and Western Europe (outside Germany). The customers for Y2H services are research laboratories involved in all life sciences, either from academia or industry, which need to know with which other proteins their protein of interest interacts to achieve its biological functions. Hybrigenics Services delivers for each protein such an “address book” of its main “partners”, ranked by scientific relevance.

Hybrigenics Services will also get exclusive ownership of a patented Y2H screening technology specifically suited to membrane proteins. Moreover, Hybrigenics Services’ and Dualsystems Biotech’s catalogues of genomic and cDNA libraries will nicely complement each other to offer the widest range of human organs, animal and plant species and microbiological organisms to which the Y2H screening technology can be applied.