Gen9 Vanishes

Earlier this week one of my colleagues had gotten a somewhat ominous email  from the CEO of Gen9 titled"Special Gen9 Announcement", which led off by saying that their holiday shutdown would be followed with a"corporate restructuring period" during which"Gen9 will not be accepting orders". The next day camean article from Scott Kirsner detailing the effective shutdown of Gen9 and sale of its assets to Ginkgo Bioworks for an undisclosed amount of cash and stock.  Interestingly, Kirsner reports that only 10 Gen9 employees will make the transition and that most of the Gen9 staff was laid off in mid-December.  It is surprising that no gossip of the cutbacks seemed to enter my radar, given a number of personal connections to the company (CEO Kevin Munnelly wa s a colleague at Millennium; several members of the Gen9 business group were ex-Codon or ex-Infinity and we had done limited business with Gen9)Read more »

Source: Omics! Omics! - January 20, 2017 Category: Bioinformatics Authors: Keith Robison Source Type: blogs