Millipore Acquires European Contract Testing Lab
Acquisition Adds Expertise in Virus, Mycoplasma and Bacteria Testing and Strengthens Millipore's Growing Services Business
Advertisement
Millipore Corporation announced it has completed the acquisition of MicroSafe, B.V., for approximately $9.3M. MicroSafe is a contract laboratory that develops assays and provides a range of testing services to help leading European biotech and pharmaceutical customers monitor for quality and compliance in the drug manufacturing process. The company employs thirty professionals and is based in Leiden, The Netherlands.
MicroSafe, with annual revenues of $4 million, has received GMP and GLP approvals and is currently expanding its capabilities to meet growing customer needs.