BioVoice News September 2016 Issue 5 Volume 1 | Page 29

tech providers

ANALYTICAL INSTRUMENTATION REGULATIONS TO BE KEY FOCUS AT INDIA LAB EXPO 2016
analytica Anacon India and India Lab Expo 2016 , the annual trade fairs for analysis , laboratory and biotechnology return to the city of Hyderabad . Accompanying the trade fair , the analytica Anacon India and India Lab Expo conference is being held from October 20 to 21 , 2016 at the Hitex Exhibition Center .
Regulatory aspects of Pharmaceutical Laboratories ’, ‘ Biopharmaceuticals and Bioanalysis ’, ‘ Food Safety ’ or ‘ Clinical Diagnosis ’ are the main topics of the 2016 edition of the analytica Anacon India and India Lab Expo conference . The speakers , eminent scientists and industry representatives , come from both – India and overseas . The program is rounded out by tutorials in all four sessions where practical application tips are passed on the audience .
Among this year ’ s speakers are Dr Laxmikant Gandikota ( Biological Evans ), Dr Ashes Ganguly ( Indian Analytical Instruments Association ), Prof Dr Myeong Hee Moon ( Yonsei University ), Prof Dr Michael Hilderbrand ( University of Jena ), Prof Dr Dietmar Knopp ( Technical University of Munich ), Prof Dr Rainer Lehmann ( University of Tuebingen ), Dr Eike Reich ( CAMAG ), Dr Pia Rosendahl ( ISAS ), Prof . Dr . Michael Rychlik ( Technical University of Munich ), Prof Oliver Schmitz ( University of Duisburg-Essen ), Arjan Timmerman ( Waters Corporation ) and Dr S P Vasireddi ( Vimta Labs ).
Mr Bhupinder Singh , CEO of Messe München India , commented : “ The conference will bring together leaders of this field to share a comprehensive overview of this rapidly expanding industry with the prime objective of knowledge transfer . Over 250 delegates will participate at the conference who will have the opportunity to interact with well-known scientists around the world . Participants can be sure of picking up important concepts , which will be very useful in the days to come .”
The organizers expect more than 350 exhibitors and 8,500 visitors to analytica Anacon India and India Lab Expo . Both trade fairs have been growing in stature as one of the most influential pit-stops in the Indian Annual
Trade Fair calendar . The two events bring together companies with similar product lines and business interests , apart from bringing the buyer and seller community on one common platform . The conference and various further forums will transmit additional momentum and background information on the various topics being deliberated at the trade fairs .
AVANTOR AND NUSIL TO MERGE , NEW ENTITY TO BE GLOBAL LEADER WITH $ 700 MILLION REVENUE
Avantor Performance Materials and NuSil Technology LLC , both portfolio companies of New Mountain Capital LLC , have signed a definitive agreement to merge . This merger will create the global leader in ultra-high-purity materials for the life sciences and advanced technology markets , as the demand for such materials grows due to technological advances , market expansion and the increasingly strict regulatory and performance specifications of the life sciences and other industries .
The combined company , to be named Avantor , will provide performance materials and solutions for the production and research needs of over 6,500 customers across the biotechnology , pharmaceutical , medical device , diagnostics , aerospace & defense , and semi-conductor industries . The combination brings complementary technologies and advanced analytical capabilities together to create a portfolio of over 30,000 products that meet increasingly stringent standards across technology-driven and highly-regulated markets . The company will be particularly well positioned to support the industrialization of the biopharmaceutical sector through its bioprocessing and biomaterials offerings with a focus on productivity and quality . Combined revenues will be over $ 700 million , growing at 14 % per year .
“ Avantor and NuSil both share a long-standing commitment to collaborate with customers to develop innovative products that meet the most stringent quality and regulatory standards ,” said Michael Stubblefield , CEO of Avantor . “ Both companies have been highly successful and fast growing on their own , and together we will offer even more comprehensive product lines and technological advantages . We at Avantor look forward to working with the NuSil team to capture the full potential from this combination .”
“ We see significant growth opportunities resulting from the combined resources of Avantor and NuSil ,” said Ernest Waaser , CEO of NuSil . " Both Avantor and New Mountain Capital share the same vision of creating the global sales and technology leader in ultra-high-purity materials for life sciences and advanced technology applications .”
Matt Holt , Managing Director at New Mountain Capital , said , “ Both Avantor and Nusil have transformed in very positive directions under New Mountain ’ s ownership , with strong organic growth and attractive margins . The combined company will have strong positions across the drug lifecycle value chain including particular strengths in the bioprocessing and biomaterials segments , which we see as two highly attractive end markets that increasingly converge . We look forward to continuing to work with management to build the combined company .”
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