Microsaic Systems plc Deepened collaboration with Chinese partner
02 Maio 2019 - 03:00AM
RNS Non-Regulatory
TIDMMSYS
Microsaic Systems plc
02 May 2019
02 May 2019
Microsaic Systems plc
("Microsaic" or the "Company")
Microsaic deepens collaboration with Chinese partner
Microsaic Systems plc (AIM: MSYS), the developer of point of
need mass spectrometry ("MS") instruments, announces that its
Chinese partner, Unimicro Technologies Inc. ("Unimicro"), has
completed further integrations of Microsaic's technology with
Unimicro's separation technology.
Last year, Unimicro launched its micro capillary electrophoresis
("CE") equipment, integrated with Microsaic's unique small
footprint MS. Typically a high-end technique, Unimicro's combined
system brings protein characterisation to the bench chemist, in
markets such as academia, pharmaceuticals and contract research
organisations.
In March 2019, Unimicro announced that it has released the first
in a series of micro-Liquid Chromatography ("LC") products, again
integrated with Microsaic's technology. This will extend Unimicro's
reach in China with micro LC-MS systems, a technique which has wide
adoption in chemical and biological analysis, but which brings ease
of use, a very small footprint, and large savings on solvent use to
the end user. Further, the technique is ideally suited to
high-value product purification, where there may be very little of
the desired active compound.
Glenn Tracey, CEO of Microsaic, commented "I am very pleased
with the progress between our two companies. Unimicro has
consistently demonstrated its product innovation, with a clear
vision of addressing the emerging needs in one of the world's most
progressive economies. We are very excited as Unimicro continues to
expand its product range, which integrates with our MS technology.
Furthermore, we are looking forward to receiving one of Unimicro's
PhD placements at our facility later in the year to work on joint
applications and continue our spirit of collaboration."
Recently, Microsaic published its annual results for the year
ending 2018, which showed a year on year doubling of unit sales,
and with revenues up 69%. The Board believes that 2019 will be a
year of significant growth in revenues, driven by the globally
diverse partnerships signed in 2018, and the continued business
development with new partners during 2019. Microsaic now has nine
partners globally, including OEMs and distributors, and increasing
interest in the far east, where innovative detection technology is
particularly sought.
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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