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 >
     

SD Trying To Lure Lawyers Into Rural Practice

Federal grant money has long been available for doctors, nurses and ...

Shopping Rush May Continue Till Christmas Eve

The final weekend before Christmas is coming to a close, but the rush ...

Local Christmas Tree Farm Closed For Season

If you still don't have a Christmas tree, you might want to think about getting ...

Angel Tree Shines Light On Sioux Falls Agency  story with video  Dec. 21

Florida Police Officer Fatally Shot  Dec. 21

Firefighters To Give Toys To Hospitalized Children  Dec. 21

Woman Sentenced For Using Personal Data  Dec. 21

Freeman Nonprofit Explores $15M Arts Center  Dec. 21

USDA: SD Nov. Milk Production Increases  Dec. 21

SD Historical Society To Host NASA Webcast  Dec. 21

Officer Fatally Shoots Man In Rapid City  Dec. 21

MOA Officials 'Disappointed' With Protestors  Dec. 20

Reactions To Sony Cancelling, "The Interview"  story with video  Dec. 20

Last-Minute Holiday Shopping At Pop-Up Store  story with video  Dec. 20

Great Bear Reopens After Five-Day Shutdown  Dec. 20

Christmas Comes Early For Commuters  Dec. 20

2 NYC Cops Fatally Shot Inside Patrol Car  Dec. 20

4 Guns Confiscated At IA Airport This Year  Dec. 20

IA Flu Hospitalization Doubles In Recent Weeks  Dec. 20

Police Brutality Protestors At Mall Of America  Dec. 20

KDLT News Archive
     

Last-Minute Holiday Shopping At Pop-Up Store  story with video

With only five days until Christmas, this weekend ...

Man Gets 2 Years For Unregistered Firearm

A federal judge in South Dakota has sentenced a California ...

Police Brutality Protestors At Mall Of America

Demonstrators chanted "black lives matter" as they ...

2 NYC Cops Fatally Shot Inside Patrol Car  Dec. 20

Local Christmas Tree Farm Closed For Season  Dec. 21

Reactions To Sony Cancelling, "The Interview"  story with video  Dec. 20

MOA Officials 'Disappointed' With Protestors  Dec. 20

Rapid City Man Killed In 3 Vehicle Crash  Dec. 20

KDLT News Archive
     

Comeback Coyotes Win At Montana  story with video

MISSOULA, Mont. —Tyler Larson scored six of his team-high 15 points in ...

USD Tops North Dakota For 7th Straight Win  story with video

VERMILLION, S. D.   --  The South Dakota women's ...

Jacks Work Overtime For Dramatic Win At Utah State  story with video

LOGAN, UT --  The SDSU men's basketball team worked ...

Jacks Down Utah State To Win World Vision Classic  story with video  Dec. 21

PENTAGON CLASSIC: O'Gorman Tops Western Christian, Washington Falls  story with video  Dec. 20

O'Gorman Boys Bounce Back Against Watertown  story with video  Dec. 20

Moorhead Wins High Scoring Affair With Northern  story with video  Dec. 20

Roosevelt Rally Falls Short At Pentagon Classic  story with video  Dec. 20

KDLT Sports Stories
     
Back To Top