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Life Technologies  (Stock symbol: ABI ) Acquired by Invitrogen (2008 $ 6,700,000,000 )

850 Lincoln Centre Drive
Foster City, CA 94404
Website Company Summary Management Team

Outside board: (May no longer be on the board) Bala S Iyer (Conexant Systems Former CFO) Arnold J Levine (Rockefeller University CEO) George Adams (Recondo Technology) Raymond V Dittamore (Ernst & Young Former Partner) Donald W Grimm (Strategic Design President & Chairman) William H Longfield (C.R. Bard Former CEO/Chairman) Bradley Lorimier (Genome Sciences Former SVP) Ronald A Matricaria (St. Jude Medical Former CEO/Chairman) Per A Peterson (Johnson & Johnson) W Ann Reynolds (University of Alabama, Birmingham Former President) David C U’Prichard (SmithKline Beecham Former Chairman) SIyer Balakrishnan (VLSI Technology Former CFO)
Former outside board: James C Blair (Domain Associates Partner) Andre Marion (Life Technologies Chairman);  Richard H Ayers (The Stanley Works CEO);  Jean-Luc Belingard (bioMérieux-Pierre Fabre Group CEO);  Robert H Hayes (Harvard Business School Professor);  Theodore E Martin (Barnes Group CEO);  Carolyn W Slayman (Yale University School of Medicine Dean);  Orin R Smith (Engelhard CEO);  William S Shanahan (Colgate-Palmolive Former President) James R Tobin (Boston Scientific CEO)

Business description: Applied Biosystems has demonstrated its position as a technology leader and driving force in the changing dynamics of the life science marketplace. The Applied Biosystems business is focused on the following markets: basic research, commercial research (pharmaceutical and biotechnology) and standardized testing, including forensic human identification, paternity testing and food testing. The company has an installed base of more than 50,000 instrument systems in approximately 100 countries. Basic research includes work at university, government and other non-profit institutions that focus on uncovering the basic laws of nature and understanding human disease. Pharmaceutical and biotechnology companies use Applied Biosystems' products to discover and develop new drugs more effectively. Standardized testing customers require systems that produce precise results from a high volume of automated tests.

Ownership: Acquired by Invitrogen (2008 $ 6,700,000,000 )
Stock Symbol: ABI

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Record updated: Sep 2010
Sector: Medical
Headcount: 10001-25000 as of Feb 2012
Ownership: Acquired by Invitrogen (2008 $ 6,700,000,000 )
Stock Symbol: ABI