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Seahorse Bioscience - Growing in a World of Budget Constraints
Date:9/23/2013

BILLERICA, Mass., Sept. 23, 2013 /PRNewswire/ -- In an invited talk at Europe's 2013 MipTec Conference and Exhibition, Seahorse Bioscience Chief Executive Officer, Jay Teich, will discuss the factors that enabled Seahorse to maintain steady growth while the market for life sciences tools declined in 2012.

Mr. Teich's presentation, 'Growing in a World of Budget Constraints,' will address the challenging markets faced by emerging technology companies that relied on government research funding during a period of high unpredictability in late 2012 and early 2013.

"American research scientists have struggled through difficult times in the past two years with the uncertainties of a presidential election, sequestration, and an unsigned NIH budget – and their funding continues to be in jeopardy.  European research and development support has been equally challenged by the austerity measures throughout the years," stated Mr. Teich.  "Despite this, Seahorse has continued to grow at double-digit rates.  At MipTec I will present the three primary factors that I believe enabled our survival and success in a tough market environment."

Being held 24th - 26th September, 2013, in Basel Switzerland, MipTec is Europe's leading event for drug discovery and life sciences research, providing a platform for strategic and business-oriented networking, and the opportunity for scientists to gain expert insights into new technology, and leading-edge developments that are accelerating life sciences research and drug discovery.  Mr. Teich's presentation is part of the Jumpstarting Innovations in Life Sciences Forum taking place Thursday, 26th September 2013, 9:00 am – 12:00 noon, in Room 1, Exhibition Area Hall 4.1.

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SOURCE Seahorse Bioscience
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