Enzo Biochem Inc was founded in 1976. It is engaged in research, development, manufacturing and marketing of diagnostic and research products based on genetic engineering, biotechnology and molecular biology. These products are designed for the diagnosis of and/or screening for infectious diseases, cancers, genetic defects and other medically pertinent diagnostic information and are distributed in the United States and internationally. The Company is conducting research and development activities in the development of therapeutic products based on the Companys technology platform of genetic modulation and immune modulation. The Company also operates a clinical laboratory that offers and provides diagnostic medical testing services to the health care community in the New York Metropolitan and New Jersey areas. The Company operates in three segments of which the Therapeutics and Life Sciences segments have evolved out of its core competencies. enzo Life Sciences manufactures, develops and markets functional biology and cellular biochemistry products and tools to research and pharmaceutical customers world-wide and has amassed a large patent and technology portfolio, enzo Clinical Labs is a regional clinical laboratory serving the New York Metropolitan and New Jersey areas, enzo Therapeutics is a biopharmaceutical venture that has developed multiple novel approaches in the areas of gastrointestinal, infectious, ophthalmic and metabolic diseases, many of which are derived from the pioneering work of enzo Life Sciences. The Company has developed a portfolio of proprietary technologies with research, diagnostic and therapeutic applications. It is applying its core technologies to develop novel therapeutics as well as research tools for the life sciences and clinical diagnostics markets. In addition, The Company provides clinical laboratory services to physicians and other health care providers in the New York Metropolitan and New Jersey area. The Company is organized to the development, production, marketing and sales of life science research reagents. The products supplied by Enzo Life Sciences include small molecules, proteins, antibodies, peptides, assay kits and custom services. Enzo Life Sciences is organized to promote and market its product through its seven brands Enzo, Alexis, Apotech, Axxora, Biomol, Assay Designs and Stressgen. Therapeutic Development Programs include Autoimmune Uveitis, Inflammatory bowel diseases. Osteoporosis (and certain bone disorders) and Diabetes, Non-Alcoholic SteatoHepatitis (NASH) and Human Immunodeficiency Virus (HIV-1). The Company competes with other life science and biotechnology companies, as well as pharmaceutical, chemical and other companies. The clinical laboratory industry is subject to federal and state regulation, including inspections and audits by governmental agencies.