Intrexon Acquires Laboratory Operations from Codexis and Expands Presence to Europe

 Intrexon Acquires Laboratory Operations from Codexis and Expands Presence to
                                    Europe

Company Increases Bioproduction Capabilities and Capacity

PR Newswire

SAN CARLOS, Calif., March 13, 2014

SAN CARLOS, Calif., March 13, 2014 /PRNewswire/ --Intrexon Corporation (NYSE:
XON), a leader in synthetic biology, today announced that it has acquired
state-of-the-art laboratory operations in Budapest, Hungary from Codexis,
Inc., a developer of biocatalysts for the pharmaceutical and complex chemistry
industries.

Intrexon Corporation logo.

The acquisition will expand Intrexon's strain and protein development
capabilities, as well as strengthen fermentation process optimization and
scale-up. Through the agreement, Intrexon's Industrial Products Division
(IPD) will absorb the Budapest laboratory staff of experienced scientific
professionals. Integration of the Budapest team and their expertise with
Intrexon's suite of synthetic biology technologies and capabilities will allow
Intrexon to better serve current collaborators and to attract new
opportunities for active pharmaceutical ingredients (API) and industrial and
consumer product collaborations.

Intrexon's IPD is positioned to develop biologically based solutions across
sectors – Health, Food, Energy, Environment, and Consumer – including
bioproduction of APIs, for example novel anti-infectives, as well as
engineering microbial biocatalysts for chemical and fuel production.

"The expansion affords Intrexon greater flexibility in existing collaborations
including Amneal, Johnson & Johnson, and Oragenics and positions the Company
to meet demand from international collaborators," said Robert F. Walsh,
President of Intrexon's Industrial Products Division. "We are pleased to
integrate the Budapest team into Intrexon and look forward to their immediate
contributions."

"The state-of-the-art industrial development facility and team we have
acquired not only expands our current IPD operations, but its location in
Budapest will enable us to continue growing our interests abroad and
strengthen our ability to service the European and Asian markets," added Peter
Seufer-Wasserthal, Ph.D., Vice President of Business Development for Europe
and Asia.

About Intrexon Corporation
Intrexon Corporation (NYSE: XON) is a leader in synthetic biology focused on
collaborating with companies in Health, Food, Energy, Environment, and
Consumer markets 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.

Trademarks
Intrexon, UltraVector, RheoSwitch Therapeutic System, RTS, AttSite, mAbLogix,
LEAP, and Better DNA are trademarks of Intrexon and/or its affiliates. Other
names may be trademarks of their respective owners.

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.

For more information contact:

Intrexon Corporation
Marie L. Rossi, Ph.D.
Manager, Technical Communications
Tel: +1 (301) 556-9944
Email: PublicRelations@intrexon.com

Photo - http://photos.prnewswire.com/prnh/20130919/NY83283LOGO

SOURCE Intrexon Corporation

Website: http://www.dna.com
 
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