Pfēnex: A New Biotech in Town

Xconomy San Diego — 

Dow Chemical has officially spun out a new San Diego-based biotech, Pfēnex, which is using a bacteria that secretes a fluorescent pigment to develop a variety of protein-based drugs, vaccines, diagnostic reagents, and biosimilars. Signet Healthcare Partners is lead investor in the venture-backed company, which is headed by CEO Bertrand C. Liang and includes a team of more than 20 scientists. Pfēnex describes its Pfēnex Expression Technology as a robust Pseudomonas fluorescens-based platform that uses high throughput and parallel processing for optimized protein production.