Maravai LifeSciences Acquires Assets and Intellectual Property from Molecular Assemblies
29 January 2025 - 8:01AM
Business Wire
Molecular Assemblies proprietary Fully
Enzymatic SynthesisTM technology to enhance mRNA and
oligonucleotide manufacturing capabilities within the TriLink
BioTechnologies business
Maravai LifeSciences, Inc. (NASDAQ: MRVI), a global provider of
life science reagents and services to researchers and biotech
innovators, announced today its acquisition of intellectual
property and relevant assets from Molecular Assemblies (MAI). The
acquisition will expand Maravai and TriLink BioTechnologies'
ability to enable customers to develop next-generation mRNA and
CRISPR nucleic acid-based therapies.
“Molecular Assemblies is the original leader in enzymatic oligo
synthesis, with strong foundational IP. Their team has made great
strides in designing and developing an enzymatic DNA synthesis
platform with exciting technical advantages over traditional
chemical synthesis,” said Trey Martin, CEO of Maravai LifeSciences.
“We plan to further evolve and enhance Molecular Assemblies’
workflows to push the limits of oligo length and purity, and to
lower costs by vertically integrating NTPs and enzymes from our
TriLink and Alphazyme businesses.”
Justin Barbosa, GM and Vice President of TriLink Discovery,
added “By integrating Molecular Assemblies technology into
TriLink’s capabilities, we can further incorporate DNA template
manufacturing in our mRNA business. We also plan to expand our
custom oligo offerings to support gene assembly, antibody
screening, and CRISPR HDR donor workflows.”
Bill Efcavitch, Co-Founder of Molecular Assemblies, said, “We
are pleased our customers will continue to be supported by TriLink,
a leader in nucleic acid manufacturing with an excellent reputation
for high quality and scientific expertise. TriLink is well
positioned to advance and expand our technology as they work with
innovators who are developing the next generation of nucleic
acid-based vaccines and therapeutics.”
About Maravai
Maravai is a leading life sciences company providing critical
products to enable the development of drug therapies, diagnostics
and novel vaccines and to support research on human diseases.
Maravai’s companies are leaders in providing products and services
in the fields of nucleic acid synthesis and biologics safety
testing to many of the world's leading biopharmaceutical, vaccine,
diagnostics and cell and gene therapies companies.
About Molecular Assemblies
Molecular Assemblies, Inc. is a private life sciences company
developing an enzymatic DNA synthesis technology designed to power
the next generation of DNA-based products. The company’s patented
Fully Enzymatic Synthesis (or FES™), based on making DNA the way
nature makes DNA, produces long, high quality, sequence-specific
DNA reliably, affordably, and sustainably. FES technology will
enable the reading and writing of DNA for many industries,
including industrial synthetic biology and precision medicine, as
well as emerging applications of nanomachines and bio-based
electronics. Molecular Assemblies is headquartered in San
Diego.
Forward-looking Statements
This press release may contain “forward-looking statements”
within the meaning of the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Investors are
cautioned that statements in this press release which are not
strictly historical statements constitute forward-looking
statements, including, without limitation, statements related to
plans to further develop workflows to enhance oligo length and
purity, plans to lower costs by vertically integrating NTPs and
enzymes, and plans to expand product and service offerings,
constitute forward-looking statements identified by words like
“plan,” “expect,” “estimate,” “may,” “soon,” “nears,” “slated,”
“anticipate,” or “could” and similar expressions. Such
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those anticipated, including, without limitation, operational
risks and competition. These and other risks and uncertainties are
described in greater detail in the “Risk Factors” section of our
most recent Annual Report on Form 10-K, as well as other reports on
file with the U.S. Securities and Exchange Commission. Actual
results may differ materially from those contemplated by these
forward-looking statements, and therefore you should not rely upon
them. These forward-looking statements reflect our current views
and we do not undertake to update any of these forward-looking
statements to reflect a change in its views or events or
circumstances that occur after the date hereof except as required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250128647933/en/
Media Contact: Liz Robinson CG Life trilink@cglife.com
Investor Contact: Deb Hart Maravai LifeSciences + 1 858-988-5917
ir@maravai.com
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