Gregory T Lucier Net Worth is17.7 $Million
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Invitrogen Corporation (was traded as NASDAQ: IVGN) was a large, multinational biotechnology company headquartered in Carlsbad, California. In November 2008, a merger between Applied Biosystems and Invitrogen was finalized. The new company is called Life Technologies (now traded as NASDAQ: LIFE) .
Invitrogen was founded in 1987 by Lyle Turner, Joe Fernandez, and William McConnell and was incorporated in 1989. The company initially found success with its kits for molecular cloninga??notably, The Librarian, a kit for making cDNA libraries, and the FastTrack Kit for mRNA isolation from biological samples.
William McConnell left the company in 1989.
In 1999, the company, which had reached sales of $33 million the prior year, went public, with a plan of consolidating biotechnology research boutique suppliers. The company had become quite successful at licensing technologies into its niche market, of cloning and expression, but determined that many niche leaders were not interested in licensing, and M&A needed to be added to the companies set of tools for growth.
Invitrogen acquired Novatech, a leader in cloned protein characterization, within 60 days of going public. Then purchased ResGen, a leader in genomics and synthetic DNA chemistry, becoming a $100 million (annual sales) company within a year of its IPO.
The business scope expanded significantly when it acquired the rival biotechnology and cell culture company Life Technologies/GIBCO in 2000. Since then, the company has continued to add technologies through a series of mergers and acquisitions, which have broadened its customer base and strengthened its intellectual property portfolio. Among these, established companies such as Ethrog Biotechnology, Molecular Probes (fluorescence-based detection), Dynal (magnetic beada??based separation), Panvera (proteins and assays for drug screening), InforMax (software for computational biology and bioinformatics), BioSource (cellular pathway analysis), CellzDire

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Gregory T Lucier Latest News

Gregory Lucier Named Permanent CEO at NuVasive

NuVasive, Inc., a leading medical device company focused on developing solutions for minimally invasive spine surgeries, announced that Gregory T. Lucier has been appointed chief executive officer, effective immediately. Lucier has been serving as interim ...
Posted: May 26, 2015, 10:03 am

Gregory Lucier drives NuVasive to be the best in spine space: 5 things to know

Gregory T. Lucier is propelling San Diego-based NuVasive into a new wave of spine dominance, according to The San Diego Union-Tribune. Here are five things to know: 1. Under Mr. Lucier's leadership, NuVasive moved its manufacturing in-house to boost margins.
Posted: August 22, 2016, 1:34 pm

Dayton business people in the news

In this role, Ms. Stafslien will oversee the company’s global legal function, reporting to NuVasive’s chairman and chief executive officer, Gregory T. Lucier, and serving on the company’s executive leadership team. Stafslien brings to NuVasive more ...
Posted: October 10, 2016, 6:42 am
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