11/29/2007
General News
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"Mr. McNary joins an outstanding leadership team that includes adistinguished Scientific Advisory Board with three Nobel Prize recipients anda Board of Directors with the former Presidents of Applied Biosystems andAffymetrix, plus an experienced Partner from Mohr Davidow Ventures," saidRothberg. "He will assist us in attracting additional talent to developfirst-rate manufacturing and customer support capabilities and to commerciallylaunch our exciting new products and applications." The RainDance Professional Laboratory System combines microdroplets andmicrofluidics to enable a host of nanoscale cell-based and molecular assays.Samples (cells, beads, DNA templates, chemical compounds) and reactants areencapsulated in individual micron-sized droplets on assay-specific NanoReactorchips. With each droplet being the equivalent of a well in a microtiterplate, the Professional Laboratory System can process and analyze 10,000samples per second with unparalleled accuracy. The precise manipulation ofminute amounts of fluids within NanoReactor droplets will benefit a variety ofindustrial and research applications, including DNA sequencing preparation,enzyme engineering, functional cell sorting, multiplex PCR, SNP detection,gene expression, and RNAi functional assays. "Our Professional Laboratory System is game-changing technology that hasattracted a tremendous level of market interest," said Darren Link, SeniorVice President of Research and Development and RainDance Technologies founder."Mr. McNary's depth of expertise and proven leadership in thecommercialization of life science tools will be instrumental in guiding ourcompany's growth. I look forward to working with him and our visionary Boardof Directors to transform the future of laboratory practices," he said. Mr. McNary has more than 25 years of experience in Life Sciences andDiagnostic markets with 14 years in senior management positions. He joinsRainDance from Thermo Fisher Scientific where he was Vice President andGeneral Manager. He also has served as President and CEO of early-stagestart-up companies and held executive management positions at ChironDiagnostics and Tecan. "RainDance has built an impressive management team supported by aScientific Advisory and Board of Directors with the proven experience incommercializing innovative technology platforms such as the ProfessionalLaboratory System," said McNary. "This team and platform are well positionedto realize the full benefits of microfluidics in a variety of markets andapplications." About RainDance Technologies, Inc. RainDance Technologies, Inc. is a nanotechnology company devoted todeveloping and commercializing the Professional Laboratory System, a platformfor droplet-based microfluidics. The Professional Laboratory System is anintegrated fluid handling system that provides precise manipulation of minuteamounts of fluids for a variety of industrial and research applications withingenomic, drug discovery, industrial enzyme development, and moleculardiagnostic markets. At the core of the system's power are assay-specificNanoReactor chips composed of fluid handling modules that encapsulate samplesand reactants in individual micron-sized droplets. Founded in 2004 byscientists from Harvard University, the Medical Research Centre in Cambridge,and the ESPCI in Paris, RainDance Technologies designed the ProfessionalLaboratory System to be the chemical equivalent of a personal |
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