KDLT Home KDLT on Facebook KDLT on Twitter Get the KDLT iPhone App Get the KDLT Android App

Sanford Health Acquires Hematech, Inc.



Bookmark and Share

Sanford Health announced today the acquisition of Sioux Falls-based biotech company Hematech, Inc., a subsidiary of Japanese pharmaceutical company Kyowa Hakko Kirin (KHK), Co. Ltd.  The new company will be rebranded Sanford Applied Biosciences, LLC.

“We are excited about the expertise Hematech researchers bring to Sanford Research,” said Dave Link, senior executive vice president, Sanford Health. “For more than a decade, Hematech has been conducting cutting-edge research in Sioux Falls. By coming together, we believe we can build on Hematech’s expertise and technology and bring about new solutions to serious health issues. “

Hematech, Inc. was founded in 1998 in Amherst, MA, with the idea to produce fully human antibodies in genetically engineered cattle as medicine for humans.

In 2003, Hematech formed a joint venture with Trans Ova Genetics of Sioux Center, IA. Trans Ova is one of the world's largest bovine embryo transfer companies. The Hematech/Trans Ova Joint Venture was formed to manage all of Hematech's animal needs, including work at the Research Development Center located near Sioux Center.

“Sanford Health has developed great research infrastructure over the last decade,” said Eddie Sullivan, PhD, president, Hematech. “Sanford’s commitment to improving the human condition is a great fit for the employees of Hematech and will allow us to continue to develop new and innovative science to prevent and treat illness.”
< Prev Story Back To Top Next Story >
     

Gas Prices Staying Low For Upcoming Holidays  story with video

If you've been at the pump in the last few weeks filling up your car, you probably noticed ...

"Disney Junior Live On Tour!" At Premier Center

Kids got the chance to see a new "live show" at the Denny Sanford Premier Center on ...

Noem Receives Award From SD Farm Bureau

U. S. Rep. Kristi Noem has been recognized by the South Dakota Farm Bureau. ...

Patient Choice Won't Affect ACA Rates This Year  Nov. 21

USD,SDSU Fraternity Chapters Run For Charity  story with video  Nov. 21

History Resurfaces In "Pioneer Girl"   story with video  Nov. 21

Great Bear Opening Limited Runs This Weekend  Nov. 21

Sioux Falls Falls Short On Full Service Hotels  story with video  Nov. 21

Man Sentenced To 75 Years For Home Invasion  Nov. 21

Hit & Run Suspect Turns Himself In  Nov. 21

Sanford Designated As SDs Ebola Hospital  Nov. 21

Tribe Rounds Up And Kills Dogs After Girl's Death  Nov. 21

Brookings County Authorities Search For Teen  Nov. 21

The Daily Scoop: 11-21-2014  story with video  Nov. 21

See A World-Renowned Painting in Sioux City  Nov. 21

Tree-lighting Ceremony Scheduled At SD Capitol  Nov. 21

Impact of Ferguson Shooting On Sioux Falls  story with video  Nov. 20

Thune Urges Temporary Ban On Ebola Travel  Nov. 20

All Hands On Deck To Clean Up Coughlin  story with video  Nov. 20

March Madness Coming To Sioux Falls  Nov. 20

KDLT News Archive
     

3 Injured In Multi-Vehicle Ax. Near Lennox

Three people were taken to the hospital with serious ...

Tribe Rounds Up And Kills Dogs After Girl's Death

Oglala Sioux officials have rounded up and killed a ...

Man Sentenced To 75 Years For Home Invasion

A man accused of home invasion was sentenced to 75 years ...

Cher Cancels Sioux Falls Show  Nov. 20

Brookings County Authorities Search For Teen  Nov. 21

Life With Laura: TRX Training  story with video  Nov. 20

Hit & Run Suspect Turns Himself In  Nov. 21

SF Homeowner: "I heard an explosion"  story with video  Nov. 20

KDLT News Archive
     

Kloth and Larson lead Knights and Riders to AA finals

O'Gorman's Taryn Kloth had 21 kills as O'Gorman blanked Huron 3-0 in the first ...

Zomermaand leads SFC to A finals  story with video

Shelby Zomermaand had another big game. Her 32 kills boosted defending champion SF ...

Mustangs snap long post season win streak of Bears!

DULUTH, Minn. — The Southwest Minnesota State University ...

Minneota prepares for A championship game with Dawson-Boyd  story with video  Nov. 21

Warner and Parker prepare for B semi's  story with video  Nov. 21

Tough day for local teams in FB championships.  story with video  Nov. 21

MVP and MIller join SFC and DV in A semifinals  story with video  Nov. 20

Mustangs advance to Region semi's Friday  Nov. 20

KDLT Sports Stories
     
Back To Top