Company:Affymetrix

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Affymetrix, Inc.
TypeSubsidiary
IndustryBiotechnology
Founded1992
HeadquartersSanta Clara, California, United States
Number of locations
11
Key people
Stephen Fodor, Frank Witney (CEO)
RevenueIncrease US$327 Million (FY 2009)[1]
Decrease US$-30.6 Million (FY 2009)[1]
Decrease US$-23.9 Million (FY 2009)[1]
Total assetsDecrease United States dollar 612 Million (FY 2009)[2]
Total equityDecrease United States dollar 288 Million (FY 2009)[2]
Number of employees
1,141[3]
ParentThermo Fisher Scientific
Websitehttps://www.thermofisher.com/us/en/home/life-science/microarray-analysis.html

Affymetrix is now Applied Biosystems, a brand of DNA microarray products sold by Thermo Fisher Scientific that originated with an American biotechnology research and development and manufacturing company of the same name.[4] The Santa Clara, California-based Affymetrix, Inc. now a part of Thermo Fisher Scientific was co-founded by Alex Zaffaroni and Stephen Fodor. Stephen Fodor and his group, based on their earlier development of methods to fabricate DNA microarrays using semiconductor manufacturing techniques.[5][6]

In 1994, the company's first product under the "GeneChip" Affymetrix trademark, an HIV genotyping chip was introduced,[7] and the company went public in 1996.[8]

After incorporation, Affymetrix grew in part by acquiring technologies from other companies, including Genetic MicroSystems (slide-based Microarrays and scanners)[citation needed] and Neomorphic (for bioinformatics) in 2000,[9] ParAllele Bioscience (custom SNP genotyping),[citation needed] USB/Anatrace (biochemical reagents) in 2008,[10] Panomics (low to mid-plex applications) in 2008,[citation needed] and eBioscience (flow cytometry) in 2012.[11] Affymetrix spun off Perlegen Sciences,[12][when?] as a discrete business focusing on wafer-scale genomics to characterize population-variance of genomic markers.[13]

In January 2014, the Food and Drug Administration approved Affymetrix's postnatal blood test, CytoScan Dx Assay, looking at whole-genome correlates of congenital abnormalities and other causes of childhood developmental delay.[14]

On January 8, 2016, Thermo Fisher Scientific announced its acquisition of Affymetrix for approximately $1.3 billion,[15] which closed on March 31, 2016.[16]

History

Affymetrix, Inc. was spun-off from Affymax Research Institute by Alex Zaffaroni in 1993, and was eventually based in Santa Clara, California, United States.[17] It began as a unit in Affymax N.V. in 1991 under Fodor and his group.[17][18] In the late 1980s, that group had developed methods for fabricating DNA microarrays, under the "GeneChip" Affymetrix trademark, using semiconductor manufacturing techniques.[citation needed] The company's first product, an HIV genotyping GeneChip, was introduced in 1994[citation needed] and the company went public in 1996.[19]

Description of products

Example of two Affymetrix chips

Affymetrix, Inc. made glass chips for analysis of DNA Microarrays called GeneChip arrays, and sold mass-produced GeneChip arrays intended to match scientifically important parts of human and other animal genomes. Manufactured using photolithography, Affymetrix's GeneChip arrays assisted researchers in quickly scanning for the presence of particular genes in a biological sample. In this area, Affymetrix was focused on oligonucleotide microarrays, which could be used to address the presence of genes through detection of specific corresponding segments of mRNA. The single-use chips could be used to analyze thousands of genes in a single assay. The company also manufactured machinery for high speed analysis of biological samples, and its GeneChip Operating Software as a system for managing Affymetrix microarray data.

Affymetix's competitors in the DNA Microarray business include Illumina, GE Healthcare, Applied Biosystems, Beckman Coulter, Eppendorf Biochip Systems, and Agilent.

Acquisitions

Prior to its acquisition by Thermo Fisher, and its becoming a line of its products, Affymetrix, Inc. had acquired the technologies of a number of companies. It acquired Genetic MicroSystems for slide-based microarrays and scanners and Neomorphic for bioinformatics, both in 2000,[20][21] ParAllele Bioscience for custom SNP genotyping,[when?][citation needed] USB/Anatrace for biochemical reagents in 2008,[verification needed][22] eBioscience for flow cytometry in 2012,[verification needed][23] and Panomics in 2008[verification needed][24] and True Materials[when?] to expand its offering of low to mid-plex applications.[25][26] In 2000, Perlegen Sciences spun out from Affymetrix to focus on wafer-scale genomics for massive data creation and collection required for characterizing population variance of genomic markers and expression for the drug discovery process.[citation needed]

FDA test approval

In January 2014, the Food and Drug Administration cleared a first-of-a-kind whole-genome postnatal blood test that can aid physicians in identifying the underlying genetic cause of developmental delay, intellectual disability, congenital anomalies, or dysmorphic features in children, where it was noted that "[a]bout 2 to 3 percent of U.S. children have some sort of intellectual disability, according to the National Institutes of Health."[27] The test, known as CytoScan Dx Assay, was designed to diagnose these disabilities earlier to expedite appropriate care and support.

References

  1. ↑ 1.0 1.1 1.2 Affymetrix (AFFX) annual SEC income statement filing via Wikinvest
  2. ↑ 2.0 2.1 Affymetrix (AFFX) annual SEC balance sheet filing via Wikinvest
  3. ↑ "Company Profile for Affymetrix Inc (AFFX)". http://www.zenobank.com/index.php?symbol=AFFX&page=quotesearch. 
  4. ↑ "Thermo Fisher Scientific to acquire Affymetrix" (in en). http://news.agropages.com/News/Detail-16778.htm. 
  5. ↑ "Affymetrix and Illumina Settle Their Patent Disputes". 10 January 2008. https://www.fiercebiotech.com/biotech/affymetrix-and-illumina-settle-their-patent-disputes. 
  6. ↑ "Stephen Fodor, Jami Nachtsheim". 30 January 2015. https://www.genomeweb.com/resources/people-news/stephen-fodor-jami-nachtsheim. 
  7. ↑ "Affymetrix and bioMérieux Extend Their Agreement on GeneChip® Technology to Breast Cancer Diagnostics". https://www.biomerieux.com/en/affymetrix-and-biomerieux-extend-their-agreement-genechip-technology-breast-cancer-diagnostics. 
  8. ↑ "AFFX Meaning AFFX Stock Meaning". https://acronym.io/affx-meaning-stock-nasdaq/. 
  9. ↑ "Affymetrix to Acquire Neomorphic In a Deal Valued at $70 Million". Wall Street Journal. 2 October 2000. https://www.wsj.com/articles/SB970435376347349540. 
  10. ↑ "Affymetrix Sells Anatrace Unit to Investment Firm StoneCalibre". 15 October 2013. https://www.genomeweb.com/microarrays-multiplexing/affymetrix-sells-anatrace-unit-investment-firm-stonecalibre. 
  11. ↑ "Affymetrix Completes eBioscience Acquisition". 26 June 2012. https://www.genomeweb.com/arrays/affymetrix-completes-ebioscience-acquisition. 
  12. ↑ "Perlegen Signs Its First Big Pharma Deal with GlaxoSmithKline, Finishes Fifty Genomes". 27 September 2002. https://www.genomeweb.com/arrays/perlegen-signs-its-first-big-pharma-deal-glaxosmithkline-finishes-fifty-genomes. 
  13. ↑ "A Guide to HIV-1 Reverse Transcriptase and Protease Sequencing for Drug Resistance Studies". https://hivdb.stanford.edu/pages/pdf/sequencingGuide.pdf. 
  14. ↑ "FDA OKs Postnatal Blood Test for Intellectual Disabilities". https://www.medscape.com/viewarticle/819387. 
  15. ↑ Armental, Maria (8 January 2016). "Thermo Fisher Scientific to Buy Affymetrix in $1.3 Billion Cash Deal". The Wall Street Journal. https://www.wsj.com/articles/thermo-fisher-scientific-to-buy-affymetrix-in-1-3-billion-cash-deal-1452295718. 
  16. ↑ "Thermo Fisher Scientific Completes Acquisition of Affymetrix Following Approval of Transaction by Affymetrix Stockholders". https://ir.thermofisher.com/investors/news-and-events/news-releases/news-release-details/2016/Thermo-Fisher-Scientific-Completes-Acquisition-of-Affymetrix-Following-Approval-of-Transaction-by-Affymetrix-Stockholders/default.aspx. 
  17. ↑ 17.0 17.1 "Stephen P. A. Fodor (1953-)". DNA from the beginning. http://www.dnaftb.org/36/bio-4.html. 
  18. ↑ "Affymetrix, Inc.". Dun & Bradstreet. https://www.dnb.com/business-directory/company-profiles.affymetrix_inc.ccf2e9d4a503fa366cff9ea04adf401b.html. 
  19. ↑ "Affymetrix Inc: SEC CIK #0000913077". SEC Report. https://sec.report/CIK/0000913077. 
  20. ↑ "Affymetrix Acquires Genetic MicroSystems". Bioresearch Online. 1999-09-14. http://www.bioresearchonline.com/article.mvc/Affymetrix-Acquires-Genetic-MicroSystems-0001?VNETCOOKIE=NO. 
  21. ↑ "Affymetrix Announces Definitive Merger Agreement With Neomorphic, Inc.". Affymetrix. October 2000. http://investor.affymetrix.com/phoenix.zhtml?c=116408&p=irol-newsArticle_pf&ID=120125&highlight=. 
  22. ↑ "Affymetrix Acquisition of USB — Frequently Asked Questions". Affymetrix. 2008-01-31. http://www.usbweb.com/assets/USB_Affymetrix_FAQs.pdf. 
  23. ↑ "Affymetrix and eBioscience Amend Definitive Merger Agreement". Affymetrix. May 2012. http://investor.affymetrix.com/phoenix.zhtml?c=116408&p=irol-newsArticle&ID=1691613. 
  24. ↑ "Affymetrix to acquire Panomics". Affymetrix. 2008-11-11. http://www.panomics.com/downloads/Panomics_Affy.pdf. 
  25. ↑ "Affymetrix and Singapore-based Start-up PathGEN Dx Sign Partnership for Diagnostic Test Development for Pathogen Detection". Reuters. 2012-08-24. https://www.reuters.com/article/2012/08/24/idUS53969+24-Aug-2012+BW20120824. 
  26. ↑ "Singapore scientists develop chip that can identify 70,000 viruses". http://www.straitstimes.com/the-big-story/asia-report/singapore/story/singapore-scientists-develop-chip-can-identify-70000-virus. 
  27. ↑ Matthew Perrone (January 17, 2014). "FDA OKs Mental Disability Blood Test for Infants". https://www.washingtontimes.com/news/2014/jan/17/fda-oks-mental-disability-blood-test-for-infants/. 

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