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Home > Company Index > Drugs > Biotechnology-Research > Diversa Corporation

Diversa Corporation
Nasdaq: DVSA
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 NEWS FROM THE STANDARD
Biotech: Desperate No More
Jun 27 2001 07:21 AM PDT

 PROFILE
Diversa searches high and low for DNA. In its quest to develop new enzymes and other active biological compounds, the firm collects and catalogs the DNA of organisms in diverse environments (including manure piles, industrial waste sites, Antarctic valleys, and tropical Bermuda,). Companies license these compounds to develop or improve their products, which include detergents, oils, animal feeds, and pharmaceuticals. Diversa's first product is Pyrolase 160, an enzyme for the oil and gas industry. Company partners include a unit of Aventis, Dow Chemical, and Syngenta, the agrochemicals spinoff of Novartis and AstraZeneca. Venture capital firms Healthcare Ventures and Patricof & Co. each own about 15% of Diversa.

 COMPETITION
ArQule, Inc. (ARQL)
Genencor International, Inc. (GCOR)
Maxygen, Inc. (MAXY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 24.30
1-Yr. Sales Growth: 135.9%
Employees: 200
Revenue per employee: $121,500.00

 KEY PEOPLE
• Jay M. Short
    CEO
• Karin Eastham
    CFO

 CONTACT INFO
4955 Directors Place
San Diego, CA 92121
US
Phone: 858-526-5000
Fax: 858-526-5551
Online: Web Site

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