Cenix BioScience has announced that it is expanding its operations by establishing a new subsidiary in the United States.
The new corporation, named Cenix BioScience USA, Inc., is now being set-up in the Minneapolis/St. Paul area of Minnesota as a wholly owned subsidiary of its German parent.
The new operation will gradually integrate top management, business development and marketing functions, as well as major new R&D capabilities to extend and complement those long established in Dresden, Germany, and recently added in Beerse, Belgium.
As such, this important new step in the company’s ongoing growth and diversification will further broaden the scope of Cenix activities, while also facilitating closer interactions with North American partners from coast to coast.
“Through our many activities with North American partners over the years, we have often been asked when we would expand Cenix across the Atlantic, and so, that time has finally come,” said Dr. Christophe Echeverri, CEO/CSO of Cenix.
Dr. Echeverri continued, “We are particularly excited to have the opportunity to combine our existing expertise, which we have built-up and refined over 12 years of intensive discovery work alongside many top industrial and academic partners, with the world-class know-how, cutting-edge capabilities and deep resources available in the Twin Cities region and beyond.”
Cenix will continue to strengthen its leading expertise in advanced applications of RNAi and miRNA modulation combined with high content predictive pharmacology, helping its clients, and particularly large pharmaceutical companies with ever-tighter budgets, in refocusing their discovery efforts to drive more cost-effective, innovative and reliable high-impact R&D.
Dr. Echeverri, continuing in his duties as CEO/CSO of Cenix globally, will now be based primarily in Minneapolis, where he is leading the design and build-up of Cenix USA.
This will include a brand new team, as existing Cenix operations in Germany and Belgium will continue largely unchanged, with Dr. Birte Sönnichsen, long-time Cenix COO, taking on Co-Managing Director duties for the Dresden operation.
“We’ve talked about doing this for a long time, so with RNAi and miRNA modulation having become such central contributors to virtually all discovery pipelines, we now have many possible opportunities to launch exciting new diversification initiatives.” noted Dr. Echeverri.