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zincfinger
zzzster



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Msg  44663 of 54539  at  4/24/2012 4:58:19 PM  by

JBWIN


Excerpts from Sigma Aldrich 1Q2012 Earnings CC Pertaining to Zinc Finger Sales (CEO said "I think it grew at least 30%")

 
 Our Biology business, which grew by 3%, delivered overall as expected, showing moderate growth for our core Biomolecule an synthetic DNA business. The innovative and faster growing areas of our Biology business, which includes our zinc finger nuclease products, continue delivering double-digit growth in the first quarter, as we continue to invest in initiatives that are broadening the availability and breadth of our zinc finger offering to a wider group of customers through new and innovative applications.

 From Q&A:
 
 Daniel Arias - UBS Investment Bank, Research Division

Okay. And I'm not sure if I missed it. You guys have highlighted zinc finger over the last couple of quarters and certainly that was one of the focus at the investor day. Just wondering how that product line performed?

Rakesh Sachdev

We had an all-time high on zinc finger sales in the U.S. in Q1. It was -- I don't have the numbers at the tip of my fingers, but I think it grew at least 30%. So it's really where we are seeing the most growth around the zinc fingers is in the U.S. market and we're hoping to sort of replicate that in the European markets, although I would say there it's been a little slower than the U.S.



 
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