Friday, July 15, 2016 Daily Archives

Sartorius Acquires US Start-Up ViroCyt

Sartorius, a leading international pharmaceutical and laboratory tools provider, today announced the acquisition of ViroCyt Incorporated, an innovator in the field of rapid virus quantification. Based in Broomfield, Colorado, USA, the start-up is expected to achieve high double-digit growth and to generate more than $3 million sales revenues in 2016 while achieving break even underlying EBITDA by the end of 2018. The transaction values ViroCyt at approx. $16 million. ViroCyt’s main customers come from pharma and biopharma R&D laboratories, vaccine…