MyChem

MyChem

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Private Company

Total funding raised: $15M

Overview

MyChem is a specialized manufacturer of ultra-pure synthetic nucleotides, serving the life sciences research and diagnostic markets, particularly next-generation sequencing. Founded in 2007 and based in San Diego, it has been acquired by TriLink Biotechnologies, integrating it into a larger supply chain for nucleic acid-based technologies. The company's value proposition centers on high-purity, scalable production of modified nucleotides free from enzymatic contaminants. Its business model is service and product-based, providing essential raw materials to the genomics and biotechnology industries.

Drug DeliverySmall Molecules

Technology Platform

Synthetic chemistry platform for scalable production of ultra-pure natural and modified nucleotides (triphosphates, phosphoramidites, nucleosides), emphasizing absence of cross-base contamination and enzymatic activities.

Funding History

2
Total raised:$15M
Series A$12M
Seed$3M

Opportunities

The rapid growth of next-generation sequencing, mRNA therapeutics, and oligonucleotide-based drugs creates expanding demand for high-purity modified nucleotides.
Integration into Maravai's portfolio allows for cross-selling and scaling into GMP production for clinical and commercial-stage therapies.

Risk Factors

Intense competition from large reagent conglomerates and niche synthetic chemistry firms.
Dependency on the continued growth and technological relevance of sequencing and nucleic acid therapeutic markets.
Potential challenges in fully integrating operations and culture post-acquisition.

Competitive Landscape

MyChem competes in the niche market for high-purity synthetic nucleotides against specialized firms like Jena Bioscience and J&K Scientific, as well as large, diversified life science tools companies such as Thermo Fisher Scientific and Merck MilliporeSigma. Its differentiation lies in its specific focus on ultra-purity for NGS and its scale-up capabilities, now amplified by the commercial and manufacturing infrastructure of TriLink and Maravai.