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IDT acquires 1st BASE oligonucleotide business
Source£ºCCMR   Data£º2016-1-5

Singapore, Feb 10, 2012: Integrated DNA technologies (IDT) has acquired the oligonucleotide business of Singapore¡¯s top supplier in the field, 1st BASE. Already the world leader in custom nucleic acid synthesis, IDT will now offer locally-manufactured oligos to researchers in Singapore and throughout the region from the company¡¯s first synthesis facility in Asia.

Dr Joseph Walder, IDT¡¯s founder and chief executive officer, stressed the commonalities that brought 1st BASE and IDT together. ¡°We found natural partners in the people at 1st BASE, with whom we¡¯ve been working for many years,¡± he noted. ¡°Above all, IDT and 1st BASE shared a commitment both to consistently high-quality oligos and to personal service for customers, who we consider collaborators.¡± ¡°As we thought about how to deliver the IDT advantage to scientists in Asia,¡± he added, ¡°working with the 1st BASE team became the obvious choice.¡±

In recognition of 1st BASE¡¯s leadership among the region¡¯s oligo providers, IDT has named its new company in Singapore 1st BASE Custom Oligos (FBCO), and IDT will retain the ¡°1st BASE¡± brand for the small scale DNA oligos that it synthesizes in Singapore.

Mr Kok Choy Lee, 1st BASE¡¯s chief executive officer, has become the general manager of FBCO and a member of IDT¡¯s leadership in Asia. ¡°I and all of my team are honored to become part of the IDT family,¡± he said, ¡°because we know that research scientists in Singapore and throughout our region will soon have direct access to what makes IDT unique.¡± ¡°Our job now is to couple IDT¡¯s unequaled synthesis capabilities and design expertise with the fast turnaround times and personal customer service that operating locally makes possible,¡± he added.

¡°We¡¯re just getting started in Asia, and we have a lot to learn about the needs of researchers working here,¡± Dr Walder noted. ¡°There¡¯s certainly more to come,¡± he predicted. ¡°But with FBCO up and running, and with the support of our new colleagues from 1st BASE, we aim to build on IDT¡¯s success in North America and in Europe by bringing to Asia the very best in custom biology products.¡±

 

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