Genaxy rides on molecular biology reagents
July 11, 2011 | Monday | News
RANK 20
Revenue  32.50 Crore
|
| Genaxy
Scientific |
CEO: Mr Navneet Trehan
|
Business: Biotechnology
research products
|
Start-up Year: 1966
|
Address: 55-156, C-Block, Community
Center, Plot No. 32 to57, Behind Janak Cinema, Janakpuri, New
Delhi-110058
Tel: +91-11-47619999
Fax: +91-11-25534163
Website:
www.genaxy.com |
To strengthen its market share in
molbio reagents, the company introduced a complete range of genomic
kits from Axygen Biosciences
Besides consolidating its existing range of
product offerings, Genaxy Scientific is all set to move into
proteomics, lab automation and heavy instruments.
For the FY 2010-11, the company registered growth of 3.17 percent with
revenue of
32.50 crore when compared with
31.50 crore in the previous
fiscal.
Labnet International was the first company that helped Genaxy establish
a foothold in the instrumentation market, followed by a series of
tie-ups with instrumentation companies like Nuve, Turkey; Poly Science,
US; Scie-Plas, UK and Hoefer, US. The company is also the exclusive
distributor of Axygen Scientific, US.
In order to strengthen its market share in the molecular biology
reagents, the company has now introduced a complete range of genomic
kits from Axygen Biosciences including, ambient temperature stable PCR
reagents and solutions for 2D electrophoresis from SERVA
Electrophoresis, Germany.
The company has pitched in with a peculiar product line from qARTA•BIO,
US, which provides PCR related research products that are uniquely
stable at ambient temperature for almost one month.
Genaxy also launched an innovative range of taq polymerase, hot start
taq, DNTPs, PCR master mixes and Q PCR master mixes. It has entered the
chromatography area, following a tie-up with the US company, Atiji, to
market their range of solid phase extraction (SPE) columns in India.
Another collaboration was with Flourotechnic, an Australian company
specializing in vital fluorescent dyes. In line with its mission to be
a one-stop-shop, It entered into molecular biology reagents through its
collaboration with Serva, Germany.
The specialty of these products is that they can be customized
according to the scientists’ needs. The company has also ventured into
the blood banking (healthcare) area by associating with many big
hospitals in India. Genaxy is launching its own low cost-range of
electrophoresis equipments to target colleges.
