ZymoGenetics is a biotechnology

Biotechnology

Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...

/pharmaceutical company based in Seattle, Washington

Seattle, Washington

Seattle is the county seat of King County, Washington. With 608,660 residents as of the 2010 Census, Seattle is the largest city in the Northwestern United States. The Seattle metropolitan area of about 3.4 million inhabitants is the 15th largest metropolitan area in the country...

, involved in the development of therapeutic protein

Protein

Proteins are biochemical compounds consisting of one or more polypeptides typically folded into a globular or fibrous form, facilitating a biological function. A polypeptide is a single linear polymer chain of amino acids bonded together by peptide bonds between the carboxyl and amino groups of...

s.

The company was founded in 1981 by Professors Earl W. Davie and Benjamin D. Hall of the University of Washington

University of Washington

University of Washington is a public research university, founded in 1861 in Seattle, Washington, United States. The UW is the largest university in the Northwest and the oldest public university on the West Coast. The university has three campuses, with its largest campus in the University...

 and 1993 Nobel Laureate in Chemistry

Nobel Prize in Chemistry

The Nobel Prize in Chemistry is awarded annually by the Royal Swedish Academy of Sciences to scientists in the various fields of chemistry. It is one of the five Nobel Prizes established by the will of Alfred Nobel in 1895, awarded for outstanding contributions in chemistry, physics, literature,...

 Michael Smith

Michael Smith (chemist)

Michael Smith, CC, OBC, FRS was a British-born Canadian biochemist who won the 1993 Nobel Prize for Chemistry.-Biography:...

 of the University of British Columbia

University of British Columbia

The University of British Columbia is a public research university. UBC’s two main campuses are situated in Vancouver and in Kelowna in the Okanagan Valley...

. Soon after its founding, ZymoGenetics began working on recombinant proteins with Danish

Denmark

Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 company Novo Nordisk

Novo Nordisk

Novo Nordisk manufactures and markets pharmaceutical products and services. Created in 1989 through a merger of two Danish companies dating back to the 1920s, it has become one of the world's leading companies in diabetes care, where Novo Nordisk pursues research into pulmonary delivery systems;...

, and was acquired by that company in 1988. It was spun off as a public company in 2000. Bristol-Myers Squibb

Bristol-Myers Squibb

Bristol-Myers Squibb , often referred to as BMS, is a pharmaceutical company, headquartered in New York City. The company was formed in 1989, following the merger of its predecessors Bristol-Myers and the Squibb Corporation...

 acquired the company in 2010.

ZymoGenetics' headquarters are in the landmark Lake Union

Lake Union

Lake Union is a freshwater lake entirely within the Seattle, Washington city limits.-Origins:A glacial lake, its basin was dug 12,000 years ago by the Vashon glacier, which also created Lake Washington and Seattle's Green, Bitter, and Haller Lakes.-Name:...

 Steam Plant building, built from 1914 to 1921 by Seattle City Light

Seattle City Light

Seattle City Light is the public utility providing electrical power to Seattle, Washington and parts of its metropolitan area, including all of Shoreline and Lake Forest Park and parts of unincorporated King County, Burien, Normandy Park, Seatac, Renton, and Tukwila...

, the municipal electric utility

Public utility

A public utility is an organization that maintains the infrastructure for a public service . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies...

.