Thermo Acquires Ionalytics Corp.
Thermo Electron Corporation announced today that it has purchased Ionalytics Corporation, developer of a dynamic ion filtering device used with mass spectrometers in bioanalysis, proteomics and drug discovery. Financial terms of the transaction were not disclosed.
Marijn E. Dekkers, president and chief executive officer of Thermo Electron said, “Ionalytics has made significant strides in advancing the core technologies used in drug discovery, most notably a novel ion separation tool based on patent-protected FAIMS (High-Field Asymmetric Waveform Ion Mobility Spectrometry) technology. We believe that the addition of FAIMS will contribute tremendously to our customer’>
When combined with liquid chromatography mass spectrometry (LC-MS), FAIMS technology helps resolve analytical method development challenges significantly faster and more easily. Based on this technology, Ionalytics created the Selectra, an ion separation tool that reduces chemical background noise, increases throughput and improves detection limits.
Founded in 2001, as a spin out from the National Research Council Canada, Ionalytics is based in Ottawa, Canada. Its customers consist of pharmaceutical development and manufacturing companies, as well as contract research organizations that assist major pharmaceutical companies in performing their bioanalytical measurements.
About Thermo Electron Corporation
Thermo Electron Corporation is the world leader in analytical instruments. Our instrument solutions enable our customers to make the world a healthier, cleaner and safer place. Thermo’s Life and Laboratory Sciences segment provides analytical instruments, scientific equipment, services and software solutions for life science, drug discovery, clinical, environmental and industrial laboratories. Thermo’s Measurement and Control segment is dedicated to providing analytical instruments used in a variety of manufacturing processes and in-the-field applications, including those associated with safety and homeland security. Based near Boston, Massachusetts, Thermo has revenues of approximately $2.7 billion, and employs approximately 11,000 people in 30 countries. www.thermo.com
