Applied Molecular Evolution, Inc. · San Diego, CA United States
Company Description
Phone: 858-597-4990
Fax: 858-597-4950
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This link will open in a new window Natural selection doesn't happen fast enough for Applied Molecular Evolution (AME). The biotech firm uses its AMEsystem technology to customize antibodies and proteins for medical uses. Employing what AME calls directed evolution, the company adjusts a protein's amino acids one at a time until the protein acquires the desired therapeutic characteristics. AME's biopharmaceuticals have increased the potency of MedImmune 's anti-tumor drug Vitaxin (which AME helped developed). The system has also been used to customize a protein which may ultimately help lymphoma patients who otherwise don't respond to Rituxin. The company is a subsidiary of Eli Lilly To read the full description, subscribe now.
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Key Applied Molecular Evolution, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 106 |
Applied Molecular Evolution, Inc. Executives
1 executives listed for Applied Molecular Evolution, Inc.'s San Diego, CA location.
| Title | Name & Bio | Contact |
| President; VP Biotechnology, Lilly Research Laboratories | Thomas Bumol | Network |
Competition
Competitive Landscape for Applied Molecular Evolution, Inc.
Demand for biotechnology research in the fields of medicine, agriculture, food, and science is driven by insurers' willingness to pay for new medical treatments, the global need to produce more food for a rapidly expanding population, and scientists' desire to find solutions for complex scientific and medical issues. Funding for biotech research is often provided by venture capital funds hoping to cash in on new products. The profitability of individual companies depends on the discovery and effective marketing of new products. Because the market for potential products is so large, small biotechnology companies can co-exist successfully with large ones if they have expertise in a particular line of research. The industry is capital intensive: average annual revenue per worker is more than $350,000. Biotech firms face stiff competition from pharmaceutical and other companies seeking to be first with a new product or discovery. To read the full description, subscribe now.Top Applied Molecular Evolution, Inc. Competitors
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