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BIOBASE Expands International Presence in India

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BIOBASE Expands International Presence in India

Wolfenbuttel, Germany and Bangalore, Karnataka, India

BIOBASE has announced the establishment of an Indian branch office in the IT Center in Bangalore. The leading international provider of biological databases is thus significantly expanding its capacities in the areas of database maintenance, product innovation and development of analysis tools and thereby strengthening its position on the Asian market. More than 60 scientists will be working in Bangalore in the future.

Throughout the world, the name BIOBASE stands for databases with content that is manually maintained by experts and which are indispensable in the investigation and development of medicines. This newly established Indian BIOBASE subsidiary in Bangalore now joins the other two branch offices in Germany and in the U.S.

"The launching of BIOBASE India introduces the next strategic step for BIOBASE", states Michael Tysiak, CEO/CFO of BIOBASE. "Bangalore was very attractive to us as a well-known IT center, but also as the site of a number of internationally renowned bio-scientific research facilities. A group of very well-trained experts with high potential is stationed here, which will round out our team. This was a required first step in facilitating the growth of our German organization."

Prof. E. Wingender, President & CSO at BIOBASE, adds, "BIOBASE India will play a large role in our future database production, both in the design of our existing portfolio and in the development of new products. Modern means of communication enable us to share the available know-how in daily coordination between our teams in the U.S., Germany and India and to pass on the strict guidelines for the maintenance of our databases to our Indian experts. Quality management will continue to be handled in the U.S. and in Germany."

BIOBASE

BIOBASE (www.biobase-international.com), based in Wolfenbuttel (Germany), with branch offices in Beverly, MA (USA) and Bangalore (India) is the leading provider of biological databases annotated by experts. The BIOBASE Knowledge Library includes but is not limited to the TRANSFAC(R), TRANSPATH(R), YPD(TM)and HumanPSD(TM) databases. In combination with the system-biological analysis platform ExPlain(TM), molecular networks can be investigated and key molecules can be efficiently identified. BIOBASE also provides a growing portfolio of databases of third parties, generally academic developers, such as BRENDA(R) or HGMD(R). More than 600 customers now own licenses to BIOBASE databases.

CONTACT: BIOBASE Susanne Thiele v: +49 (0) 53 31/85 84 -25 f: +49 (0) 53 31/85 84 -71 e: press@biobase-international-com w: www.biobase-international.com

CONTACT: BIOBASE Susanne Thiele v: +49 (0) 53 31/85 84 -25 f: +49 (0) 53 31/85 84 -71 e: press@biobase-international-com w: www.biobase-international.com , ,

Source: Business Wire (Business Wire India)

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