Merck sells its Flow Cytometry unit for €62.5 million
Merck announced the signing of a definitive agreement to sell its flow cytometry unit to Luminex Corporation for €62.5 million. The closing of the transaction, expected by the end of 2018, is subject to customary closing conditions.
Upon completion of the transaction, Luminex will own the flow cytometry platforms Amnis® and Guava® and the associated reagents under those brands. This includes a portfolio of leading technologies serving the research space.
“This is an exciting opportunity for both of our organizations and I would like to extend my sincerest thanks to our committed colleagues,” said Udit Batra, member of the Merck Executive Board and CEO, Life Science. “Luminex is a long and trusted partner who has provided a wide range of solutions for clinical diagnostics, pharmaceutical drug discovery and biomedical research. Luminex shares our conviction to solve the toughest problems in life science. This will be a great new home for the team to build on their expertise and introduce more solutions to a broader base. At the same time, our existing customers will get access to Luminex’s respected product portfolio.”
The acquisition expands Luminex’s existing offering of flow-based detection systems, which is focused on its xMAP® multiplexing technology, with more than 15,000 xMAP® systems sold worldwide. Merck’s ImageStream®X Mark II Imaging Flow Cytometer, for example, has extremely high sensitivity and is used to detect and characterize small particles.
“As innovators in flow-based technologies, we are excited to acquire the flow cytometry assets of our existing long-term partner Merck, thereby expanding our portfolio of detection systems to address researchers interested in cellular analysis,” said Homi Shamir, president and CEO of Luminex. “We look forward to welcoming the talented Merck team to the Luminex family.”
Other news from the department business & finance
These products might interest you
Micro-Dx™ CE IVD by Molzym
Fully automated from sample to PCR analysis
Rapid identification of bacteria and fungi without time-consuming cultivation
DNA-free Taq Polymerases and Mastermixes by Molzym
DNA-free reagents for unrivalled sensitivity in molecular biology
Purity that makes the difference
Greener Alternative Products by Merck Life Science
Sustainable laboratory products for environmentally conscious research
Over 2,500 ecological alternatives to reduce your laboratory footprint
CellGenix® Growth Factors and Cytokines by Sartorius
Recombinant growth factors without animal products
Optimised cell culture for T cells and MSCs in gene therapy
Recombumin® Elite by Sartorius
ICHQ7 cGMP-compliant albumin for biotechnological applications
Increase consistency and safety for gene therapies and vaccines
DNA/RNA Shield™ SafeCollect Collection Kits by Zymo Research
Sample collection devices for simple & safe at-home testing
Best user experience for secure self-collection
Get the life science industry in your inbox
From now on, don't miss a thing: Our newsletter for biotechnology, pharma and life sciences brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
More news from our other portals
See the theme worlds for related content
Topic World Cell Analysis
Cell analyse advanced method allows us to explore and understand cells in their many facets. From single cell analysis to flow cytometry and imaging technology, cell analysis provides us with valuable insights into the structure, function and interaction of cells. Whether in medicine, biological research or pharmacology, cell analysis is revolutionizing our understanding of disease, development and treatment options.
Topic World Cell Analysis
Cell analyse advanced method allows us to explore and understand cells in their many facets. From single cell analysis to flow cytometry and imaging technology, cell analysis provides us with valuable insights into the structure, function and interaction of cells. Whether in medicine, biological research or pharmacology, cell analysis is revolutionizing our understanding of disease, development and treatment options.
