Lateral flow assays are the most robust, mature immuno sensor available today. Performance in some applications has historically been limited by difficulties in multiplexing and quantification. Novel approaches have been developed and commercialized in recent years that allow for the development and manufacturing of highly multiplexed arrays in lateral flow assays. The patented Symbolics (tm) approach is one such methodology. Symboics (tm) allows for the creation of arrays in lateral flow fields that develop evenly, allowing in turn for the creation of highly complex features such as letters and symbols and also allows for creation of multiplex assays with advanced features such as internal controls. This presentation introduces the principles of multiplexed arraying and the Symbolics technology
A Trust-Centric Healthcare Journey | Full Presentation of PharmaLedger's 1st ...PharmaLedger
In this #1 Open Webinar | A trust-centric healthcare journey presentation, you will find:
An introduction to the PharmaLedger project presented by Lynn Wang (Johnson & Johnson)
Topic 1 | Clinical Supply Traceability presented by Francesco Spoto (Novartis) and Chad Sklodosky (Pfizer)
Topic 2 | Finished Goods Traceability presented by Dr Jan Wortmann (Bayer) and Bernhard Salb (Roche)
Topic 3 | ePI – Electronic Product Information presented by Patrick Maher (Novartis) and Ken Thursby (MSD)
Topic 4 | Anti-Counterfeiting presented by Daniel Fritz (Novartis) and Alberto Lòpez (Imprensa Nacional Casa da Moeda)
This project has received funding from the Innovative Medicines Initiative 2 Joint Undertaking under grant agreement No 853992. This Joint Undertaking receives support from the European Union’s Horizon 2020 research and innovation programme and EFPIA.
Disclaimer: Any information on this presentation solely reflects the author’s view and neither IMI nor the European Union or EFPIA are responsible for any use that may be made of the information contained herein.
BriteMED - High-brightness & Versatile Medical MonitorBriteMed
The BriteMED® medical display supports a wide range of inputs, including component, NTSC/PAL, S-video, VGA, DVI and optional HDMI and 3G-SDI. The DICOM/GAMMA compliance and adjustable color temperature enable accurate and artifact-free imaging quality. The PIP/PBP settings help surgeons compare images from different modalities which assist them quickly make decision during operation. The special-coating glass allows precise imaging view experience in the operation theater and facilitates clean purpose for infection control.
Lateral flow assays are the most robust, mature immuno sensor available today. Performance in some applications has historically been limited by difficulties in multiplexing and quantification. Novel approaches have been developed and commercialized in recent years that allow for the development and manufacturing of highly multiplexed arrays in lateral flow assays. The patented Symbolics (tm) approach is one such methodology. Symboics (tm) allows for the creation of arrays in lateral flow fields that develop evenly, allowing in turn for the creation of highly complex features such as letters and symbols and also allows for creation of multiplex assays with advanced features such as internal controls. This presentation introduces the principles of multiplexed arraying and the Symbolics technology
A Trust-Centric Healthcare Journey | Full Presentation of PharmaLedger's 1st ...PharmaLedger
In this #1 Open Webinar | A trust-centric healthcare journey presentation, you will find:
An introduction to the PharmaLedger project presented by Lynn Wang (Johnson & Johnson)
Topic 1 | Clinical Supply Traceability presented by Francesco Spoto (Novartis) and Chad Sklodosky (Pfizer)
Topic 2 | Finished Goods Traceability presented by Dr Jan Wortmann (Bayer) and Bernhard Salb (Roche)
Topic 3 | ePI – Electronic Product Information presented by Patrick Maher (Novartis) and Ken Thursby (MSD)
Topic 4 | Anti-Counterfeiting presented by Daniel Fritz (Novartis) and Alberto Lòpez (Imprensa Nacional Casa da Moeda)
This project has received funding from the Innovative Medicines Initiative 2 Joint Undertaking under grant agreement No 853992. This Joint Undertaking receives support from the European Union’s Horizon 2020 research and innovation programme and EFPIA.
Disclaimer: Any information on this presentation solely reflects the author’s view and neither IMI nor the European Union or EFPIA are responsible for any use that may be made of the information contained herein.
BriteMED - High-brightness & Versatile Medical MonitorBriteMed
The BriteMED® medical display supports a wide range of inputs, including component, NTSC/PAL, S-video, VGA, DVI and optional HDMI and 3G-SDI. The DICOM/GAMMA compliance and adjustable color temperature enable accurate and artifact-free imaging quality. The PIP/PBP settings help surgeons compare images from different modalities which assist them quickly make decision during operation. The special-coating glass allows precise imaging view experience in the operation theater and facilitates clean purpose for infection control.
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There are disposable gloves,nonwoven disposables,plastic disposables and sterilization pouches in intco medical.
Contact:Lynette Guo
Email:lynetteguo@intco,com,cn
Phone:+86-34978818-1118
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. Our mission is to discover new ways to improve and extend people’s lives. Our vision is to be a trusted leader in changing the practice of medicine.
Disruptive technology from Anteo Technologies for Lateral Flow testing. New product launching at AACC Conference July 2016. Five times improvement in sensitivity
Discussing advances in Magnetic Bead coating technologies - Page 9 & 10 - Article from Joshua Soldo from Australian listed Biotech company Anteo Diagnostics ASX:ADO
Collective Mining | Corporate Presentation - May 2024
Anteo Diagnostics to acquire Global Diagnostics Company - Diasource
1. ANTEO DIAGNOSTICS TO ACQUIRE ESTABLISHED GLOBAL DIAGNOSTICS COMPANY
DIASOURCE IMMUNOASSAYS SA
For Immediate Release: August 26, 2015
Highlights:
Anteo Diagnostics to acquire 100% of the equity in global specialty diagnostics company,
DIAsource ImmunoAssays SA (Belgium), in line with previously announced acquisitive
growth strategy
DIAsource ImmunoAssays generated revenue of €11.9m (A$18.0m) in 2014, and €7.2m
(A$10.9m) in first half of 2015 (25% growth) with quarterly EBITDA margins of 20%
Purchase price of €15.4m (A$23.3m), with a two year earn out to vendors, subject to
achievement of financial business targets
Transformational acquisition to transition Anteo towards a cash flow positive business,
with an established global distribution platform, manufacturing capabilities and a
significantly broadened product range
Deal completion subject to financing and regulatory approvals
New merged business entity of 100 personnel
26 August 2015 - The Board of Directors of Anteo Diagnostics (ASX: ADO) (Anteo) is pleased to
announce that it will acquire DIAsource ImmunoAssays, SA (DIAsource), an established global
specialty diagnostics company based in Belgium, pursuant to a Share Purchase Agreement executed
yesterday (Agreement).
DIAsource is a vertically-integrated specialty diagnostics company that develops, manufactures,
markets and distributes clinical diagnostics products in the fields of endocrinology, especially bone
metabolism, fertility, cardiovascular and oncology.
DIAsource is a truly international company that services customers in 75 countries worldwide; and
sells products both directly and through a global network of 90 main distributors and 40 OEM partners.
The Company generated revenue of €11.9m (A$18.0m) in 2014 and €7.2m (A$10.9m) in the first half
of 2015. This represents revenue growth of 25% with an average EBITDA margin of 20.6% this year.
DIAsource recently achieved its fifth consecutive revenue growth quarter and fifth consecutive best
quarter ever in the company’s history, thanks to growth in its Vitamin D portfolio and its established
line of specialty RIA and ELISA assays, two different forms of immunoassays.
DIAsource has a highly flexible supply chain with a fully IVD certified production facility to manufacture
its complete catalogue of antibodies, ELISA and RIA assays. The Company’s headquarters,
comprising 4,500 square meters located in Louvain-La-Neuve near Brussels, combines offices and
laboratories with a fully integrated manufacturing and storage facility.
2. Agreement terms
Key terms of the Agreement include:
Initial payment of €15.4m (A$23.3m) to be paid in cash and / or shares at completion of the
acquisition.
An earn-out component, up to a maximum of €7.3m (A$11.1m), subject to the achievement of
business revenue and margin targets, with a minimum 20% in shares.
Completion subject to financing, regulatory approvals and other conditions which are typical for a
transaction of this nature.
A transformative acquisition
The acquisition of DIAsource is an important step in the staged global expansion strategy for Anteo.
This first acquisition is expected to complete in November 2015 and will deliver a range of significant
benefits to Anteo’s shareholders, including:
Strong revenue, revenue growth and EBITDA margin – with strong fundamentals, including a
20% EBITDA margin over the last four quarters, the DIAsource deal transitions Anteo towards a
cash flow positive organisation with significant upside earnings potential.
An experienced and globally-networked team – the DIAsource team brings extensive industrial
diagnostic experience that dovetails with Anteo’s capabilities and “know-how”, as well as an
established business network of research and commercial partners worldwide.
A broad suite of existing products – DIAsource manufactures and distributes a complete
catalogue of ELISA and RIA products for clinical diagnostics via established distribution channels
worldwide; an offering which includes antibodies and laboratory automation instrumentation.
DIAsource’s products are well suited to mid-tier and specialist laboratories.
A strategic location – Belgium is centrally located in Europe; situated between Germany, France,
the UK and the Netherlands. DIAsource’s head office and operations are based in the middle of
one of the most prosperous and densely populated region in Europe, with good access to core
European markets and Anteo’s customers.
Additional differentiators – DIAsource’s existing platform provides significant opportunities for
Anteo’s Mix&Go technology; delivering tailored customer offerings and accelerating sales of the
Mix&Go technology and product range.
The transaction complements the foundational work conducted by Anteo during FY15 to develop a
robust platform for business growth. With extended reach into 75 countries, the possibilities for Anteo
to leverage the Mix&Go product range and capabilities throughout DIAsource’s supply chain are
significant. Anteo will also gain access to a large manufacturing capability, which will provide a
platform to manufacture products at scale. This previously would have required Anteo to undertake
significant further investment.
Anteo’s CEO, Dr. Geoff Cumming, stated: “We are delighted to announce the execution of a Share
Purchase Agreement today, following the completion of a robust due diligence process. The Board
believes that the Anteo-DIAsource combination will be transformational for Anteo and deliver a strong
set of benefits to both companies.”
“Not only will the combined group transition Anteo towards a cash flow positive position; it also
delivers a truly global presence through which both DIAsource’s and Anteo’s products can be sold.
The transaction also brings a world-class (ISO, US FDA and CE IVD certified) manufacturing facility to
Anteo and our shareholders.”
“With a strong balance sheet and growth in both revenue and earnings, as well as an established
organisation with experienced diagnostics management, DIAsource is a sound investment. Revenue
3. improvements that can be achieved through DIAsource’s product families and inclusion of Mix&Go in
the product mix make the acquisition even more attractive for Anteo,” added Dr Cumming.
DIAsource Managing Director, Dr. Jozef Vangenechten, added: “This is an exciting opportunity for
DIAsource to become part of a global stock exchange listed parent company, and we’re happy and
honoured to be the first operating subsidiary company chosen by Anteo to become part of its new
growth strategy. With decades of experience in immunoassay development and manufacturing, we
believe in Anteo’s Mix & Go technology and look forward to the opportunity of showing and harvesting
its benefits in our industrial immunoassay manufacturing. We will continue to work closely with Anteo
over the coming months to bring the transaction to a close.”
For further information, see our website (www.anteodx.com) or contact the persons outlined below.
Company Media and Investor Relations
Dr. Geoff Cumming, Chief Executive Officer
T: + 61 7 3219 0085
Richard Martin, Chief Financial Officer
T: + 61 7 417 229 810
Jane Lowe, IR Department
E: jane.lowe@irdepartment.com.au
T: + 61 411 117 774
About Anteo Diagnostics
Anteo Diagnostics Limited (ASX: ADO) is a global technology company and parent company of the
Australian biotechnology company Anteo Technologies, that develops and commercialises products
for the life sciences, in-vitro diagnostics, point of care, medical devices and bioseparations markets.
The Anteo group owns a patented nanoglue technology, which is used by healthcare customers as an
addition to their existing tests, to consistently enable laboratory test results that can either be delivered
faster, cheaper or with greater specificity and / or sensitivity than incumbent tests. This nanoglue
technology, called Mix&Go for healthcare markets, is starting to gain traction within the Company’s
target markets due to its ability to revolutionise the way scientists and assay developers work.
For more information, please visit www.anteodx.com
About DIAsource ImmunoAssays
DIAsource ImmunoAssays SA is a global specialty diagnostics company that develops, manufactures,
markets and distributes clinical diagnostic products in the field of endocrinology, with a leading
portfolio of Vitamin D products and comprehensive catalogue of ELISA and RIA products offered to
customers worldwide. DIAsource is a vertically integrated company, from R&D and antibody
production through to customer service solutions that include lab automation instrumentation.
DIAsource is present in 75 countries and sells products both directly and through a global network of
90 main distributors and 40 OEM partners.
For more information, please visit www.diasource-diagnostics.com.