Microsaic Systems plc Exclusive US and Canada Distribution Agreement (5382G)
November 07 2018 - 1:00AM
UK Regulatory
TIDMMSYS
RNS Number : 5382G
Microsaic Systems plc
07 November 2018
7 November 2018
Microsaic Systems plc
("Microsaic" or the "Company")
Exclusive US and Canada Distribution Agreement with Spark
Holland Inc doing business as iChrom Solutions
Microsaic Systems plc (AIM: MSYS), the developer of point of
need mass spectrometry ("MS") instruments, is pleased to announce
that it has signed an exclusive distribution agreement with Spark
Holland Inc doing business as iChrom Solutions ("iChrom") to
distribute Microsaic-branded 4500 MiD(R) MS detector in the US and
Canada.
As a full-service instrument distributor, iChrom serves several
industries including drugs of abuse (DOA), clinical chemistry, and
drug development in both the small molecule pharmaceutical area and
protein characterization. iChrom's targeted industries include
environmental toxicology and forensic/DOA toxicology testing.
iChrom has developed strategic partner relationships with
several global instrument and consumable suppliers to expand
offerings for a more comprehensive portfolio of high-quality
instruments and accessories. These notable partners include Knauer
Wissenschaftliche Geraete GmbH, Spark Holland BV, Axel Semrau GmbH
& Co. KG, DataApex and American Chromatography. The combination
of iChrom's instrument portfolio focus and its expertly trained
staff delivers a dedicated and bespoke service with a successful
track record.
Glenn Tracey, CEO of Microsaic, commented, "I am extremely
pleased to partner with iChrom to distribute our compact, point of
need MS technology, alongside their impressive technology
portfolio. The team at iChrom has the in-depth technical expertise,
and full reach of end user applications, particularly in drugs of
abuse and small molecule pharmaceuticals.
"Clearly, North America is a well-established market for
analytical chemistry, and this marks another milestone in what we
expect to be a very exciting period of growth for Microsaic, now
with seven distribution and OEM agreements signed in 2018 across
North America, Europe, China, Taiwan and Malaysia"
John Crutchfield, President of iChrom, added: "The added
sensitivity and selectivity provided by the unique design of the
4500 MiD MS detector offers our diverse clientele more flexibility
in the types of samples they can analyze. Combined with our other
hyphenated chromatography techniques of UHPLC, online SPE, and
advanced sample processing, we now provide our clients with a fully
automated analytical system capable of handling some of the most
challenging sample matrices in the marketplace."
Enquiries:
Microsaic Systems plc
Glenn Tracey, CEO
Bevan Metcalf, FD +44 (0) 1483 751 577
N+1 Singer (Nominated Adviser &
Broker)
Shaun Dobson (Corporate Finance)
Tom Salvesen (Corporate Broking) +44 (0)20 7496 3000
IFC Advisory Ltd (Financial PR)
Graham Herring
Heather Armstrong
Florence Chandler +44 (0)20 3934 6630
About Microsaic Systems
Microsaic Systems plc (AIM: MSYS) is a high technology company
developing chip-based, bench-top and point-of-analysis mass
spectrometry ("MS") instruments that are designed to improve the
efficiency of pharmaceutical R&D and manufacturing. The Company
is working with established global life science companies to
co-develop new solutions to improve productivity in the development
of small molecule and novel biologic (peptides, antibodies)
medicines. MS is a powerful method of analysis to enable earlier
decision making relating to product identification, purity and
bioactivity, and is the analytical technique of choice for
biochemists across many industry sectors.
Microsaic's core product, the 4500 MiD(R), is a robust and
compact MS system, retaining the functionality of larger
conventional MS systems, is easier to use by non-specialists,
consumes less energy and has lower running costs. For more
information, please go to www.microsaic.com.
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END
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