LA JOLLA, Calif., May 20 /PRNewswire/ -- Synthetic Genomics Inc. (SGI), a privately held company applying synthetic genomic-driven commercial solutions to a variety of global challenges including energy and the environment, applauds the creation of the first synthetic bacterial cell by researchers at the J. Craig Venter Institute (JCVI). SGI has provided nearly $30 million in funding for this work since 2005.
SGI was founded in 2005 by Drs. J. Craig Venter and Hamilton Smith, along with business leaders Juan Enriquez and David Kiernan, to develop commercial applications based on the basic science research of JCVI's synthetic genomics group. The initial business focus of SGI has centered on bioenergy; however the company has now extended its focus to areas of food production, clean water and vaccine development. Many aspects of JCVI's synthetic genomics work have been integrated into the SGI business programs. SGI plans to revolutionize many industrial processes by designing new cells that synthesize the desired commercial products.
"With the growing impact of climate change, increased global demand for energy, and the potential for environmental impact issues surrounding the drilling for oil and mining for coal, it is clear that new technologies are needed in these areas," said Ari Patrinos, SGI President. "Synthetic genomics research from JCVI and the applied science at SGI have the potential to address these issues."
SGI's alliance with Exxon Mobil Research and Engineering (EMRE) group to create algal biofuels is one example of the important programs at SGI that could benefit from the new tools and technolog
|SOURCE Synthetic Genomics Inc.|
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