ZeptoMetrix shall be acknowledged for its ties to former congressman Chris Collins, who co-founded the corporate and beforehand served as its board chairman. Collins left the board in 2018, after he was charged with insider searching for and selling in a case involving a particular company. Collins subsequently pleaded accountable all through the insider searching for and selling case nonetheless was free of jail after President Trump pardoned him.
GTCR purchased ZeptoMetrix by the use of one amongst its portfolio companies, Cole-Parmer. The acquisition price was not launched. ZeptoMetrix has about 125 staff – about 75 of whom are in Buffalo – and they also’ll persist with the corporate, acknowledged Kellie Kennedy, a spokeswoman for GTCR. ZeptoMetrix will maintain primarily based in Buffalo and protect its personal set up following the possession change.
ZeptoMetrix was based totally in 1999 and makes merchandise utilized by the infectious illness diagnostic enterprise, together with for Covid-19. The corporate furthermore has operations in Massachusetts.
ZeptoMetrix Agency (ZMC) is an Commerce Chief and Innovator acknowledged with high quality, dependable and trusted Merchandise, Companies and World Selections for Infectious Illness Diagnostic Enchancment.
As a really built-in Biotechnology Company our selections assist all phases of Analysis & Enchancment, Assay Validation & Verification, Fine quality Administration, Service Testing, Manufacturing, BioStorage, Regulatory Submissions and Try Bundle deal Commercialization.
From conception to launch, our confirmed Scientific and Operational Groups present our Companions and Prospects with cohesive selections and companies that exceed tomorrow’s Infectious Illness Diagnostic wants.
Buffalo-based biotechnology firm ZeptoMetrix Corp., a distinguished company all through the battle in opposition to infectious illnesses, has been acquired by a Chicago-based personal fairness firm GTCR.
“The addition of ZeptoMetrix is awfully complementary to our present product portfolio all by way of the life sciences market,” acknowledged Bernd Brust, Cole-Parmer’s CEO.
“The acquisition underscores our dedication to serving our purchasers with distinctive, differentiated merchandise that assist tempo up their analysis and enchancment functions and assist their diagnostic workflows,” he acknowledged.
ZeptoMetrix affords numerous custom-made companies using experience in virology, bacteriology, molecular biology, immunology, and associated disciplines concerned with assay enchancment and infectious illness diagnostics capabilities.
With an in depth assortment of microorganisms and experience in sourcing and propagation of strains of curiosity, we excel at collaborations with analysis and product enchancment scientists to go looking out selections to challenges unmet by main off-the-shelf product selections.