Malvern Instruments Completes Acquisition Of Microcal And Announces Purchase Of Archimedes, Inc. Product From Affinity Biosensors
7/25/2014 7:43:12 AM
MALVERN, England, Jul 25, 2014 (PR Newswire Europe via COMTEX) -- MALVERN, England, July 25, 2014 /PRNewswire/ --
Malvern Instruments Ltd (Malvern, UK) has today announced that it has completed the acquisition of MicroCal from GE Healthcare Life Sciences and has also purchased the Archimedes particle characterization system from Affinity Biosensors LLC (Santa Barbara, CA). Both of these developments extend Malvern's portfolio of analytical solutions for the rapidly advancing biopharmaceutical industry.
The agreement to purchase GE Healthcare Life Sciences' MicroCal business was announced on 4 June 2014 by Malvern's parent company Spectris plc, and completion follows regulatory approval of the transaction. MicroCal microcalorimeters are now part of the Malvern Instruments portfolio and are being sold and supported by Malvern Instruments with immediate effect. Users of MicroCal systems have been notified directly of any changes and full details of the product range are available on the Malvern website at http://bit.ly/MALMicro
Malvern's purchase of the Archimedes product from Affinity Biosensors follows two years of highly successful collaborative working between the two companies. In 2012, Malvern entered into an exclusive distribution agreement with Affinity Biosensors to market and sell Affinity Biosensors' Archimedes particle characterization system in all geographies outside of North America, with a co-marketing agreement for North America itself. Malvern has now acquired the Archimedes product designs and IP and a license to the underlying MIT patent for the technology for relevant fields of use. With this complete, Archimedes becomes a fully Malvern owned product and continues to be supported by the Malvern teams worldwide.
"I am delighted to be announcing the completion of Malvern's acquisition of MicroCal from GE Healthcare Life Sciences and our purchase of the Archimedes system from Affinity Biosensors," said Malvern's Managing Director Paul Walker. "MicroCal microcalorimeters are an exciting and important new addition to Malvern's portfolio that will significantly extend our ability to serve customers working in pharmaceutical and biopharmaceutical discovery, development and formulation. I'd like to welcome all our new MicroCal colleagues around the world, and look forward to the rapid and productive integration of our businesses."
Paul Walker continued: "Affinity Biosensors' Archimedes system has brought the technique of Resonant Mass Measurement into our range, and its close fit within our biopharmaceutical offering has encouraged us to secure its place and future development within Malvern. As part of our analytical toolkit for the biopharmaceutical industry, Archimedes sits alongside Zetasizer and NanoSight Nanoparticle Tracking Analysis systems, delivering a range of complementary solutions for quantifying early aggregation in bioformulations."
Microcalorimetry is a tool that is used at almost every stage of the drug discovery, development and formulation process. MicroCal has more than 30 years' experience in this field, with established ranges of differential scanning calorimeters (DSC) and isothermal titration calorimeters (ITC) all designed to meet the quality and productivity needs of today's life science laboratories. These systems are an excellent fit with Malvern's existing portfolio of measurement solutions for the pharmaceutical and biopharmaceutical industries. Their ability to deliver information about drug binding and protein stability is complementary to Malvern's current products and to those in development.
Archimedes uses the technique of Resonant Mass Measurement to detect and count particles. It determines their mass and size with high resolution and accuracy in small sample volumes. A key area of application is the measurement of protein aggregation in biotherapeutic formulations, which provides critical information needed to speed development and improve drug safety and efficacy.
Headquartered in the UK, Malvern Instruments is a global business that serves a diverse range of academic and industrial markets, providing instrumentation for the analysis of a wide variety of materials. The company is part of the Materials Analysis Division of Spectris plc. Malvern has a long track record in serving the needs of the pharmaceutical industry. It also partners with industry and academia through the recently established Bioscience Development Initiative. This initiative is designed to quickly identify and meet the rapidly evolving analytical needs of the fast-moving biopharmaceutical sector.
For full details of Malvern's analytical solutions for the pharmaceutical and biopharmaceutical industries go to http://bit.ly/MAL_PHM
Malvern and Malvern Instruments are registered trademarks of Malvern Instruments Ltd
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IMAGE CAPTION: The Malvern MicroCal team pictured at the company's Northampton MA facility
About Malvern Instruments
Malvern provides the materials and biophysical characterization technology and expertise that enables scientists and engineers to understand and control the properties of dispersed systems. These systems range from proteins and polymers in solution, particle and nanoparticle suspensions and emulsions, through to sprays and aerosols, industrial bulk powders and high concentration slurries. Used at all stages of research, development and manufacturing, Malvern's materials characterization instruments provide critical information that helps accelerate research and product development, enhance and maintain product quality and optimize process efficiency.
Our products reflect Malvern's drive to exploit the latest technological innovations and our commitment to maximizing the potential of established techniques. They are used by both industry and academia, in sectors ranging from pharmaceuticals and biopharmaceuticals to bulk chemicals, cement, plastics and polymers, energy and the environment.
Malvern systems are used to measure particle size, particle shape, zeta potential, protein charge, molecular weight, mass, size and conformation, nanoparticle size and count, rheological properties and for chemical identification, advancing the understanding of dispersed systems across many different industries and applications.
Headquartered in Malvern, UK, Malvern Instruments has subsidiary organizations in all major European markets, North America, Mexico, China, Japan and Korea, a joint venture in India, a global distributor network and applications laboratories around the world.
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