SBI and GFI Become Cengent; Focus on Proteomics Services, Drug Discovery | GenomeWeb

Almost five months after Structural Bioinformatics and GeneFormatics said they were going to merge, their new identity has been revealed: last week, the two companies became Cengent Therapeutics, after the California Department of Corporations and shareholders of both companies approved of the merger.

With a reduced headcount, a cushion of cash, a broader range of computational and experimental technologies than either company had, and a new emphasis on internal drug discovery, the company hopes to better weather the unfavorable current economic climate.

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