Expansion Sees Q Chip Move to New Facility

16-Oct-2008 - United Kingdom

Q Chip Ltd has officially opened its new corporate headquarters and R&D facility in Cardiff. The expansion into new headquarters marks a significant step in the steady expansion Q Chip has experienced since its foundation, according to the company.

In summer 2007 Q Chip successfully completed a funding round which saw it raise in excess of £2 million from existing and new shareholders. This investment is being used to expand the product range of ReaX™ encapsulated PCR reagents, Biologix™ microspheres for peptide delivery and cell encapsulation, as well as Q Chip’s proprietary MicroPlant™ microfluidic device

Commenting on the move to the new facility Executive Chairman Ken Powell stated “the management and staff of Q Chip have consistently hit all the milestones set for it by the Board and shareholders. This is a true testimony to the quality of the team. After the successful completion of a major funding round last year I believe the expansion into new headquarters provides further evidence of the momentum behind the Company and the market appetite for its products.”

https://www.bionity.com/en/news/88245/expansion-sees-q-chip-move-to-new-facility.html