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WaferGen Bio-systems, Inc. was a life sciences company that develops, manufactures, and markets gene expression, genomic analysis, and consumer products. It focused on gene expression research, proteogenomic analysis, and stem cell research. The company's products consisted of the SmartChip Real-Time PCR (Polymerase Chain Reaction) and the gene expression profiling system. WaferGen designed its SmartChip Real-Time PCR for gene expression analysis to analyze thousands of genes in a single reaction.
The company's flagship product was the SmartChip Real-Time PCR system, a high-throughput gene expression analysis platform for profiling thousands of genes in a single reaction. This system enabled researchers to analyze gene expression at the mRNA level in a high-throughput format. Additionally, WaferGen offered. Genome-Wide expression panels that featured thousands of genes organized in a straightforward and user-friendly format. WaferGen's products were used in various industries, including biotechnology, academic and government research institutions, pharmaceutical, and biopharmaceutical.
WaferGen Bio-systems, INC. was founded in 1999 and was headquartered in Fremont, California, USA. WaferGen Bio-systems, Inc. was acquired by Takara Bio Inc in 2015. Takara Bio is a Japanese biotechnology company that acquired WaferGen to leverage its gene expression profiling technology for life science research.
Regarding its financials, WaferGen generated $4.3 million in revenue in the third quarter of 2014, compared to $2.7 million during the same period in the previous year. Its product revenues were mainly driven by sales of its SmartChip real-time PCR system and related consumables.
In conclusion, WaferGen Bio-systems, INC. was a life sciences company that specialized in gene expression analysis and provided cutting-edge products and solutions to the scientific community. Despite its developments, they faced financial challenges and were eventually acquired by Takara Bio Inc.