Navigation Links
Advanced Instruments Makes Strategic Investment in Cantimer, Inc.
Date:1/29/2009

Companies to Collaborate on Next Generation Laboratory Instruments

MENLO PARK, Calif. and NORWOOD, Mass., Jan. 29 /PRNewswire/ -- Cantimer, Inc. and Advanced Instruments, Inc. today jointly announced that Advanced Instruments Inc. has made a $1 Million equity investment in Cantimer. The two companies further announced their intention to collaborate on the development of a new generation of laboratory instruments for osmolality measurement, incorporating Cantimer's proprietary sensing technology.

"We are excited by the prospect of working with Cantimer to apply its innovative sensing technology to a new generation of laboratory osmometers", said John Coughlin, CEO of Advanced Instruments. "We have been impressed by what the company has accomplished to date and see great potential in the relationship," he added.

Cantimer's focus over the last several months has been on completing the development of an easy-to-use, hand-held device for the quantitative assessment of human dehydration from saliva. Cantimer's device, when available, is expected to facilitate convenient and reliable monitoring of the at risk population - including firefighters, military personnel, athletes at every level, infants and the elderly - providing critical early intelligence and thereby enabling timely and effective intervention at the point of need.

"We are delighted to have Advanced Instruments as an investor and strategic partner", commented Robin Stracey, CEO of Cantimer, Inc. "Our interests are very complementary. We look forward to welcoming John to our Board and to a long and fruitful collaboration between our two companies."

About Cantimer, Inc.

Cantimer is a privately-held, development stage company commercializing a patented, proprietary sensor technology platform having application in life science, bio-defense, environmental testing, point-of-care diagnostics and home health markets. The Company's first focus is on development and commercialization of point-of-care products for convenient, non-invasive, measurement and monitoring of human hydration status from saliva.

About Advanced Instruments, Inc.

Founded in 1955, Advanced Instruments, Inc. is the world's largest supplier of freezing-point cryoscopes and osmometers used in dairy, clinical, pharmaceutical, and biotechnology laboratories. The Company is also a leading supplier of analytical instruments for the food and industrial microbiology markets. Based in Norwood, Massachusetts, USA, the privately held company also produces Fiske(R) Associates brand diagnostic instruments and operates Spiral Biotech, Inc., and Delta Instruments as wholly-owned subsidiaries. A worldwide network of direct sales people and independent distributors supports Advanced Instruments' products.


'/>"/>
SOURCE Cantimer, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. Pioneering Cancer Center Introduces Advanced Varian RapidArc(TM) Treatments for Cancer Patients in Central Germany
2. Jubilant Biosys Launches Legend NGSS(TM) Advanced Software Solution for High-Throughput Drug Molecule Screening
3. Micell Forges Strategic Agreement to Develop Advanced Drug-Eluting Stents and Balloons
4. Abbott Expands Its Growing Medical Device Business With Acquisition of Advanced Medical Optics (AMO)
5. First U.S. Implants of Newly Approved Embozene(TM) Color-Advanced Microspheres Embolization Platform
6. Minimally Invasive Surgery: Olympus Further Enhances Credentials by Entering Into Exclusive Sales and Distribution Partnership With Market and Technology Leader Advanced Surgical Concepts
7. Advanced Life Sciences Announces Cethromycin NDA Accepted for Filing by FDA for the Treatment of Community Acquired Pneumonia
8. Advanced Technologies and Wireless Telecommunications Enhance Care and Medical Training at the Ryder Trauma Center in Miami
9. Imaging Diagnostic Systems is Recognized for Its Advanced Engineering in Time-Resolved Techniques by the US Patent Office
10. Advanced Life Sciences Announces Third Quarter 2008 Financial Results
11. Global Med Technologies(R), Inc. Partners With Biomedical Synergies to Offer Advanced Tissue Tracking Solutions for Hospitals and Surgery Centers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/10/2017)... 2017 SomaGenics announced the receipt of a ... RealSeq®-SC (Single Cell), expected to be the first commercially ... microRNAs) from single cells using NGS methods. The NIH,s ... accelerate development of approaches to analyze the heterogeneity of ... techniques for measuring levels of mRNAs in individual cells ...
(Date:10/10/2017)... ... October 10, 2017 , ... The Pittcon Program Committee ... honoring scientists who have made outstanding contributions to analytical chemistry and applied ... the world’s leading conference and exposition for laboratory science, which will be held ...
(Date:10/9/2017)... ... October 09, 2017 , ... The award-winning American Farmer television series will feature ... Farmer airs Tuesdays at 8:30aET on RFD-TV. , With global population estimates nearing ... how to continue to feed a growing nation. At the same time, many of ...
(Date:10/9/2017)... ... October 09, 2017 , ... The Giving Tree Wellness Center ... the needs of consumers who are incorporating medical marijuana into their wellness and ... , As operators of two successful Valley dispensaries, The Giving Tree’s two founders, ...
Breaking Biology Technology:
(Date:4/11/2017)... N.Y. , April 11, 2017 ... fingerprints, but researchers at the New York University ... College of Engineering have found that partial similarities ... security systems used in mobile phones and other ... thought. The vulnerability lies in the ...
(Date:4/5/2017)... -- Today HYPR Corp. , leading innovator in ... the HYPR platform is officially FIDO® Certified . ... that empowers biometric authentication across Fortune 500 enterprises and ... 15 million users across the financial services industry, however ... suites and physical access represent a growing portion of ...
(Date:3/30/2017)... ANGELES , March 30, 2017  On April ... Hack the Genome hackathon at Microsoft,s ... exciting two-day competition will focus on developing health and ... Hack the Genome is the ... been tremendous. The world,s largest companies in the genomics, ...
Breaking Biology News(10 mins):