Founders of Trinity spin-out IdentiGEN share in €50m sale to MSD

Ireland“An Irish company that can trace food from farm to fork using animal DNA – helping to eliminate fraud and contamination – has been sold for €50m. IdentiGEN was set up in 1996 as a Trinity College campus spin-out by scientists Ciaran Meghen and Ronan Loftus. They still lead the business and are among shareholders set to benefit from the sale. Taxpayers are set to gain too through the Enterprise Ireland-backed MML Growth Capital Partners Ireland …” (more)

[Shawn Pogatchnik, Independent, 6 August]

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