Friday, October, 11, 2024 02:18:52

Axion BioSystems, a life sciences tools firm, has reportedly completed the acquisition of M-Solv Manufacturing Ltd, a U.K-based manufacturer of printed electronics and M-Solv Limited’s subsidiary.

The new division, dubbed Axion BioSystems Manufacturing, UK, Ltd., reinforces the six-year collaboration between the two companies and positions Axion for continued innovation and growth.

According to the Chief Executive Officer of Axion BioSystems Tom O’Brien, this vertical integration not only assures consumers the products they desire to perform crucial biomedical research but also enables the company to rapidly upgrade assay plate technologies to cater to the increasingly complicated scientific user demands.

M-Solv has delivered Axion with high-resolution licensed printed electronic circuits since 2017. These circuits are prominently used in Maestro Pro, the flagship multielectrode array benchtop instrument of Axion.

The Maestro Pro System offers biotechnology firms, pharmaceutical companies, and research scientists an advanced cell analysis platform for drug discovery and disease modeling. Integrating the manufacturing and development team of M-Solv showcases a crucial step forward in Axion’s constant efforts to optimize manufacturing and continue to lead in this space.

Phil Rumsby, the Chief Executive Officer of M-Solv Manufacturing, expressed that the team is excited to work as a part of the Axion Group to develop next-gen bioelectronic assay consumables. Rumsby added that the company will continue to grow and maintain its strong position in touch-panel devices alongside its business of biosensors.

It should be noted that Axion is headquartered in Atlanta, Georgia with an office in Shanghai, China. The company has over 90 employees across its existing locations. The company’s team is committed to continuing the technological advancement of bioelectronic assays that allows the external understanding of biological complexity.

For the record, M-Solv Manufacturing develops and produces distinct printed electronics, making biosensors and capacitive touch panels of industrial-grade at its Oxford foundry. Before Axion took over, the company was part of the M-Solv Ltd. group of companies.

Source credit:

https://www.businesswire.com/news/home/20220202005787/en/Axion-BioSystems-Expands-Operations-with-Acquisition-of-M-Solv-Manufacturing-Limited