Intrexon Strengthens Leadership to Further Advance Company's Environment Sector

GERMANTOWN, Md., March 4, 2014 /PRNewswire/ -- Intrexon Corporation (NYSE: XON), a leader in synthetic biology, today announced the appointment of Nir Nimrodi, currently Vice President and General Manager of Food Safety and Animal Health at Life Technologies, Inc., now part of Thermo Fisher Scientific, to head Intrexon's Environment Sector, reporting to Chairman and Chief Executive Officer Randal J. Kirk.  Mr. Nimrodi will effectively join Intrexon before the end of the month after leaving his current role at Thermo Fisher Scientific.

Mr. Nimrodi brings to Intrexon over 20 years of diverse international experience in large global businesses in the life sciences, pharmaceutical, biotechnology, and diagnostics industries.  Mr. Nimrodi joined Life Technologies in 2007 and served in numerous executive roles, including Chief Executive Officer and Board Member of Life Technologies Israel, Head of Protein Technologies, and most recently Vice President and General Manager of Food Safety and Animal Health since 2010.  While at Life Technologies, Mr. Nimrodi played a key part in its growth, culminating in its recent acquisition, which represents the largest transaction to-date for this space at $13.6 billion.  Additionally, he has held leadership positions at Proneuron Biotechnologies, Inc., Mindsense Biosystems, and Teva Pharmaceutical Industries, Ltd.

On Mr. Nimrodi's joining Intrexon, Randal J. Kirk, Chairman and Chief Executive Officer, commented, "Nir shares our team's vision and our passion.  He has led numerous businesses in the life sciences space and did it with extreme creativity, focus, and relentlessness.  His solid background in building businesses based on innovation and strong execution, as well as key contributions to company growth in his previous positions, brings to Intrexon a proven and diversified skillset."

Mr. Kirk continued, "I am confident Nir's addition to the Intrexon team will be a tremendous asset to advance our efforts in the environment space.  I am looking forward to working with him as we take our technologies and apply them toward improving the environment in which we all live."

Mr. Nimrodi added, "Intrexon holds a deep knowledge of biological systems which, when combined with their integrated suite of proprietary technologies, enables precise control over the function and output of living cells.  Through these capabilities, the Company is able to harness the power of synthetic biology in a unique end-to-end approach to biosolution development across broad applications.  I am pleased to join Intrexon's strong team and maximize the potential of their technology platforms by creating sustainable solutions to protect and restore the environment."   

About Intrexon Corporation

Intrexon Corporation (NYSE: XON) is a leader in synthetic biology focused on collaborating with companies in Health, Food, Energy and the Environment to create biologically-based products that improve the quality of life and the health of the planet.  Through the company's proprietary UltraVector® platform, Intrexon provides its partners with industrial-scale design and development of complex biological systems.  The UltraVector® platform delivers unprecedented control over the quality, function, and performance of living cells.  We call our synthetic biology approach and integrated technologies Better DNA®, and we invite you to discover more at www.dna.com.

Safe Harbor Statement

Some of the statements made in this press release are forward-looking statements.  These forward-looking statements are based upon our current expectations and projections about future events and generally relate to our plans, objectives and expectations for the development of our business.  Although management believes that the plans and objectives reflected in or suggested by these forward-looking statements are reasonable, all forward-looking statements involve risks and uncertainties and actual future results may be materially different from the plans, objectives and expectations expressed in this press release.

Intrexon Corporate Contact
Marie L. Rossi, Ph.D.
Manager, Technical Communications
Tel.   +1 (301) 556-9944
Email:  [email protected]

SOURCE Intrexon Corporation