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SAN JOSE, Calif., Dec. 4, 2018 /PRNewswire/ — PhyNexus, Inc., a abreast captivated California corporation, announces today an acceding to be acquired by Biotage AB (Nasdaq Stockholm: BIOT.ST), deepening its position for all-embracing sales and business of automatic lab-scale ablution technology of biomolecules. Together, PhyNexus and Biotage will be able to accommodate their all-around barter an enabling automation belvedere based on Dual Flow Chromatography and patented tip technology for aerial throughput ablution of biomolecules such as proteins, plasmids and antibodies at the lab-scale.
The companies will absolutely abode the growing multi-billion USD market, including ablution and abetment of biomolecules. PhyNexus and Biotage accept that the aggregate of technology and assets will additionally accredit the development of new approaches for clinical, forensic, aliment and ecology testing.
PhyNexus technology enables miniaturized and alongside automatic work-flows to abode altered class ablution processes. The company’s Dual Flow Chromatography tip technology has the adeptness to draw up samples, action them and re-deposit them into sample wells. The candy samples are accessible for use or, if desired, may be candy with added tips to accompany the sample to the adapted anatomy in a absolutely automatic work-flow. The belvedere technology delivers aerial throughput ablution adequacy with bigger after-effects beyond assorted applications in biologics biologic discovery, assay and development, and analytic applications.
Torben Jörgensen, CEO of Biotage, comments: “The accretion of PhyNexus is in band with our action to abound our break business through amplification into new appliance areas. This transaction enables PhyNexus’ articles to ability a beyond all-around bazaar through Biotage’s absolute sales organization, at the aforementioned time as Biotage obtains admission to barter in industries breadth Biotage historically has not been as active. The accretion is commutual to our absolute alms and enables us to bigger abode the growing biomolecules market. We are actual abundant attractive advanced to advance our efforts in this fast arising area.”
Douglas Gjerde, architect and CEO of PhyNexus, comments: “We are aflame to accomplice with Biotage for the abutting appearance of PhyNexus’ development. This aggregate will acquiesce PhyNexus’ artefact alms to aggrandize its brand globally and accessible up new opportunities for developing and bringing new avant-garde articles to the market.”
San Jose, California-based PhyNexus offers protein and plasmid sample alertness columns and robotics. PhyNexus articles abbreviate and automate ablution while application the built-in accompaniment of the protein and/or accommodate brief transfection affection plasmids. The columns are adapted to be accordant with all of the above automatic aqueous handlers and with their own PhyNexus aqueous handlers. PhyNexus barter are activity scientists in biologic companies and academia accomplishing assay for biologic ambition and validation, biologic screening and advance optimization, biologic development, analytic trials, and biologic manufacturing.
Biotage offers able break technologies from assay to industrial-scale and high-quality solutions for analytic allure from assay to bartering assay laboratories. Biotage’s articles are acclimated by accessible authorities, bookish institutions, arrangement assay and arrangement accomplishment organizations and in the biologic and aliment industries, amid others. The aggregation is headquartered in Uppsala and has offices in the US, UK, China, Japan, South Korea and India. Biotage has approx. 410 advisers and had sales of 748 MSEK in 2017. Biotage is listed on Nasdaq Stockholm.
SOURCE PhyNexus, Inc.
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