Millipore Corporation (MIL) Acquires European Contract Testing Lab MicroSafe; Acquisition Adds Expertise In Virus, Mycoplasma And Bacteria Testing And Strengthens Millipore's Growing Services Business
10/19/2005 5:09:25 PM
BILLERICA, Mass.--(BUSINESS WIRE)--July 5, 2005--Millipore Corporation (NYSE:MIL) today announced it has completed the acquisition of MicroSafe, B.V., for approximately $9.3M. MicroSafe is a contract laboratory that develops assays and provides a range of testing services to help leading European biotech and pharmaceutical customers monitor for quality and compliance in the drug manufacturing process. The company employs thirty professionals and is based in Leiden, The Netherlands.
Martin D. Madaus, Millipore's Chairman, CEO and President noted: "We are very pleased that MircoSafe is becoming part of Millipore. They have a loyal client base and the expertise that will help us expand the scope of service we offer to our biotech and pharmaceutical customers, particularly in the area of virus and mycoplasma testing. Their application knowledge will also help us accelerate development of products and systems for rapid process monitoring."
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