iXCells Biotechnologies and Life Technologies India Announce Distribution Agreement
iXCells Biotechnologies USA, Inc., a leading cell technology company specializing in preclinical drug discovery solutions, today announced it has entered into a distribution agreement with Life Technologies India Pvt. Ltd., a renowned supplier of products and services to India’s life science research, industrial biotech, and pharmaceutical sectors. Life Technologies will market, sell, and distribute iXCells high quality primary cells, normal and diseased iPS cell lines, iPSC-derived cell products, and complimentary cell culture media and reagents.
The distribution agreement enables Life Technologies India and iXCells to offer increased access to cell-based products and services that support India’s rapidly growing biotech market, which is projected to reach $150 billion by 2025, with a CAGR of 16.4%, according to India’s National Investment Promotion & Facilitation agency.
Dr. Nianwei Lin, Co-Founder and President of iXCells Biotechnologies, stated, “India is among the top 12 destinations for biotechnology globally and 3rd largest biotechnology destination in the Asia Pacific region. This announcement is another step forward for iXCells as we forge important industry partnerships and enter new markets. With their expertise, Life Technologies India will provide life science researchers access to over 70 engineered and primary cell types covering several major cell categories, including induced pluripotent stem cell (iPSC) lines, iPSC derived cell types, fibroblasts, endothelial cells, epithelial cells, PBMCs, immune cells, muscle cells, neuronal cells, liver cells, stem cells, and more.”
Rajan Sahni, Managing Director of Life Technologies India said “we are extremely delighted to carry this wonderful cluster of iXCells products and services to our researchers fraternity in the preclinical market helping them reach their goals sooner with more value for their money”.
About iXCells Biotechnologies
Headquartered in San Diego, CA, iXCells Biotechnologies is a cell biology and cell technology company specializing in preclinical drug discovery solutions with the focus on disease relevant cellular models enabling technologies and services to the academic, biotech and pharma communities. iXCells provides primary cells and iPSC derived cells, custom iPSC services, and functional bioassay development and execution, among other products and services.
About Life Technologies India
Based in New Delhi Life Technologies is serving the Biotech research community for the last two decades. The company provides Products and Services to Drug discovery, discovery biology, Stem cell & Bio-Pharma customers. The company works closely with prestigious Government, Academic and Corporate Research Customer base.