Axaron emerges from BASF-LYNX venture - German biotech entity unveils new name and launches new phase of corporate development
Heidelberg, Germany
November 9, 2001

Launched as a joint venture in 1997, BASF-LYNX Bioscience AG has unveiled its new name as Axaron Bioscience AG. This step reflects the Heidelberg-based biotech team’s successful corporate development and highlights its new entrepreneurial autonomy. Addressing media at the company’s November 9 press conference in the Heidelberg Technology Park, CEO Dr. Alfred Bach announced, "This upbeat development signals Axaron’s launch into a promising future as one of the most capable functional genomics enterprises in the industry." The company’s founding companies are German-based BASF AG und U.S.-based LYNX Therapeutics, Inc.

Axaron Bioscience AG has emerged from BASF-LYNX Bioscience AG, which was formed as a joint venture between BASF AG and LYNX Therapeutics, Inc. in 1997. Axaron’s mission is to integrate scientific expertise and technological know-how in the field of functional genomics in order to provide solutions that enhance the quality of life. The company’s activities focus on those areas with the highest benefits to customers, shareholders and society as a whole. Axaron has initiated a variety of genomics-based research programs aimed at accelerating drug discovery, improving drug safety and enhancing sustainable biological production processes.

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