Life Technologies

Life Technologies Corporation was a biotech company founded in November 2008 through a US $6.7billion merger of Invitrogen Corporation and Applied Biosystems Inc. The joint sales of the combined companies were about $3.5 billion; they had about 9,500 employees and owned more than 3,600 licenses and patents.[1]

Life Technologies (A Retired brand of Thermo Fisher Scientific)
Product typeRetired Brand Name

Company name

The name "Life Technologies" was an old name from the history of Invitrogen. GIBCO (Grand Island Biological Company) had been founded around 1960 in New York; in 1983 GIBCO merged with a reagent company called Bethesda Research Laboratories and the merged company was named Life Technologies. In 2000, Invitrogen acquired Life Technologies and discontinued that name. When Invitrogen and Applied Biosystems merged, the companies revived the name.[2]

The use of the "Life Technologies" brand name is disputed. Life Technologies (India) Private Limited, a company founded in 2002, operating in this corporate name claims ownership of the brand name.[3]

Acquisition

In 2013, Thermo Fisher agreed to buy Life Technologies for $13.6 billion.[4]

Between its formation in 2008 and its acquisition by Thermo Fisher Scientific in 2014, Life Technologies Corporation was an independent multinational corporation based in Carlsbad, California, United States.

A court case involving Life Technologies (as the former Applera Corp) ended in January 2014, as the Connecticut District Court penalized Life Technologies Corp over $60 million[5] for patent infringements by its parent companies prior to the merger. The jury awarded $48 million in royalty damages to the plaintiffs Enzo Biochem, Inc, Enzo Life Sciences, and Yale University.[6]

References
  1. "Applied Biosystems, Invitrogen complete $6.7 billion merger". San Francisco Business Times. 21 November 2008. Retrieved 19 August 2009.
  2. "Life Technologies: A Look Back". Genetic Engineering News. 15 April 2013.
  3. "Life Technologies loses Indian court battle - News - separationsNOW.com". www.separationsnow.com.
  4. Bill Berkrot (15 April 2013). "Thermo Fisher to buy Life Tech for $13.6 billion". Reuters. Retrieved 17 April 2013.
  5. "US District Court Order". Justia. 3 January 2014.
  6. "Federal Court Awards Enzo Additional $12.4M Related to IP Suit Against Life Tech". GenomeWeb Daily News. 6 January 2014.
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