BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
PRODUCTS IN DEVELOPMENT: Name Status
Active ingredients:
Mandipropamid in late development
Insecticide in late development
Fungicides in early development
Herbicide 1 in early development
Herbicide 2 in early development
Corn traits:
Corn Root Worm (CRW) in elite breeding, planned
launch in 2007
GT / CRW in elite breeding, planned
launch in 2007
CRW / ECB in elite breeding, planned
launch in 2008
GT / CRW / ECB in elite breeding, planned
launch in 2008
Corn amylase (biofuels) in late development
Corn phytase in early development
Synthetech Inc.
1290 Industrial Way
Albany OR 97322, US
Phone: (541) 967-6575; Fax: (541) 967-9424
Web: www.synthetech.com
E-mail: customer@synthetech.com
KEY PERSONNEL: Daniel T. Fagan; Chairman
Dr. Gregory Hahn; President and COO
Gary Weber; CFO and VP, Finance and Administration
Dr. Mike Standen; Director, Technology
Brett Reynolds; Director, Sales and Marketing
EMPLOYEES: 62 employees
HISTORY: Founded in 1981 by Paul Ahrens
Acquired fine chemicals manufacturing facilities in Albany, Ore. (1987)
Acquired technology assets and customer lists of Colorado Biotechnology
Associates Inc. (1/06)
FACILITIES: 25,000 sq. ft. manufacturing plant, research labs, warehouse and
administrative offices
20,000 sq. ft. pilot manufacturing plant
STOCK-FINANCIAL HISTORY: NASDAQ--NZYM
IPO--3M shares at $1/share, $3M (1984)
Revenue $5.819M (YE 06) compared to $9.751M (YE 05)
Net loss (YE 06) compared to (YE 05)
Loss per share (YE 06) compared to (YE 05)
PRIVATE PLACEMENTS: $1M private placement of stock and warrants (8/91)
$1M exercise of above warrants (3/96)
BUSINESS STRATEGY: Develop and market amino acid derivatives
Develop and scale-up bio-organic processes for chiral fine chemicals and
pharmaceutical intermediates, especially specialty amino acids and
derivatives
AGREEMENTS: Name Products Content of Agreement Date
Biomeasure Inc. specialty amino acids supply and
technology
agreement
5/89
Miwon Korea aspartame licensing agreement 12/89
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