BioEnergy International, LLC Acquires Assets of OmniGene Bioprod...( QUINCY Mass. July 18 /- BioEnergy...)

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 in Cambridge, 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.

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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 in Woburn, 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 immed
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