Release date: 2008-10-24
GE Healthcare has acquired MicroCal Co., Ltd., a 30-year-old instrument company focused on thermal analysis of life sciences, but the exact amount of the acquisition is unknown. The acquisition expands GE Healthcare's product line in the field of molecular interactions and provides products for its customers in the pharmaceutical, biomedical and life sciences sectors. This acquisition complements the purchase of Biacore instruments in 2006 (see Instrumenta 23). (7) 3). According to the company, the above approach "provides scientists with detailed information throughout the multiple stages of the drug discovery process, which can reduce potential late drug screening failures." Peter Ehrenheim, President and CEO of GE Healthcare Life Sciences, described MicroCal as "a great strategic fit." He also hopes that GE Healthcare's expertise in protein science and the MicroCal team will drive new technologies.
MicroCal's facility in Northampton, Massachusetts, USA will develop into an excellent micro-thermal analysis center. "GE Healthcare's resources and the larger GE Group will enable us to significantly expand our scope to jointly develop new technologies, products and applications that will help scientists deepen their understanding of the interactions between molecules," said MicroCal CEO Richard Brown. So comment. Founded in 1978, MicroCal focuses on ultra-sensitive isothermal titration calorimeters and differential scanning calorimeters for life science applications. Once upon a time, these technologies were used almost exclusively by polymer scientists. Since 1999, Riverside Partners Investment Corporation (Boston, MA) has controlled a majority stake in the company. "Instrumenta" estimates that MicroCal's annual revenue is $7 million.
Through this acquisition, GE Healthcare will join the Waters subsidiary TA Instruments, PerkinElmer, METTLER TOLEDO and a number of other companies trying to share the market for thermal analysis, with the focus on the niche market. Life science applications are becoming an interest in their continued growth. ——Shanghai Medical Device Industry Association
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