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Business
Biotage Acquires MIP Technologies
by Ann M. Thayer
May 3, 2010
| A version of this story appeared in
Volume 88, Issue 18
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 and its sale of consumable products.
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