Genomics One signs agreement with french company ABIONIX
Genomics One Corporation announced that it had signed a co-development and co-distribution agreement in the field of mass spectrometry with ABIONIX S.a.r.l., a Company based in France. The Corporation also announced that it has entered into a financing agreement with Swiss-based Capital Système Investissements (CSI).
Under the terms of the partnership agreement, Genomics One Corporation and ABIONIX will develop, manufacture, and distribute a new generation of advanced mass spectrometers to the European Market. Genomics One also intends to create a new Biodefense Division which will be located within the Corporation's headquarters in Laval (Quebec). The Biodefense division is scheduled to start its activities later this year. The creation of the Division is subject to the successful completion of a round of equity financing by way of a private placement. This round of financing of CDN $2,5 million is currently being conducted by Capital Système Investissements (CSI), a corporate finance house based in Geneva, Switzerland.
"The ABIONIX agreement will enable Genomics One to rapidly gain access to the Biodefense market. Biodefense is a growing market that is presently of great interest to governments, the military, defense industries, and other organizations around the world", said Dr. Suzanne L. Lebel, President and Chief Executive Officer of Genomics One Corporation. Mass Spectrometers have traditionally been used by bioresearchers in the fields of medical research and diagnostics. Recently however, two additional areas that will greatly benefit from Mass Spectrometry's cutting-edge technology are civil and military security. "As the threat of bioterrorism grows stronger around the world, the need for rapid detection, analysis and neutralization of dangerous chemical and biological agents by civil and military authorities is of prime importance", explained Dr. Lebel.
Other news from the department business & finance
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.
Most read news
More news from our other portals
See the theme worlds for related content
Topic World Spectroscopy
Investigation with spectroscopy gives us unique insights into the composition and structure of materials. From UV-Vis spectroscopy to infrared and Raman spectroscopy to fluorescence and atomic absorption spectroscopy, spectroscopy offers us a wide range of analytical techniques to precisely characterize substances. Immerse yourself in the fascinating world of spectroscopy!
Topic World Spectroscopy
Investigation with spectroscopy gives us unique insights into the composition and structure of materials. From UV-Vis spectroscopy to infrared and Raman spectroscopy to fluorescence and atomic absorption spectroscopy, spectroscopy offers us a wide range of analytical techniques to precisely characterize substances. Immerse yourself in the fascinating world of spectroscopy!
Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.
Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.
Topic World Mass Spectrometry
Mass spectrometry enables us to detect and identify molecules and reveal their structure. Whether in chemistry, biochemistry or forensics - mass spectrometry opens up unexpected insights into the composition of our world. Immerse yourself in the fascinating world of mass spectrometry!
Topic World Mass Spectrometry
Mass spectrometry enables us to detect and identify molecules and reveal their structure. Whether in chemistry, biochemistry or forensics - mass spectrometry opens up unexpected insights into the composition of our world. Immerse yourself in the fascinating world of mass spectrometry!
