Biotage Acquires MIP Technologies | May 3, 2010 Issue - Vol. 88 Issue 18 | Chemical & Engineering News
Volume 88 Issue 18 | p. 19 | Concentrates
Issue Date: May 3, 2010

Biotage Acquires MIP Technologies

Department: Business
Keywords: separation, analytical tools, specialty polymers

Biotage has acquired MIP Technologies, a privately held developer of molecularly imprinted polymers. Both firms are based in Sweden. Biotage will pay about $2.2 million up front and more based on sales milestones through the end of 2015. MIP’s specialty materials are used by food, environmental, and pharmaceutical labs for separations. As a supplier of technologies for medicinal and analytical chemistry, Biotage says the acquisition will expand its sample prep business . . .

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