Date: Jul 09, 2013 Author: Ron Leuty Source: bizjournals (
click here to go to the source)
Startup TeselaGen Biotechnology Inc. signed a multi-year deal with a San Diego company that will license TeselaGen's software that uses synthetic biology approaches to build and modify DNA.
Financial terms of the deal were not disclosed.
Genomatica Inc. will use TeselaGen's technology — an advanced biological computer-aided design and manufacture system, described as "AutoCAD for biology" — to speed development of its proprietary organisms. Those organisms are used to help make major chemicals from renewable feedstocks.
Genomatica's technology has been licensed by BASF and Novamont.
TeselaGen, a tenant in the Mission Bay Innovation Center in the FibroGen Inc. building in San Francisco's Mission Bay biotech neighborhood, was cofounded by Eduardo Abeliuk, Mike Fero and Nathan Hillson. It licensed the technology from the Joint BioEnergy Institute in Emeryville, a partnership between Lawrence Berkeley National Laboratory, the University of California, Berkeley, and other institutions.
