Navigation Links
Temptime Acquires William Laboratories to Expand into Blood Temperature Monitoring Solutions
Date:12/18/2013

MORRIS PLAINS, N.J., Dec. 18, 2013 /PRNewswire/ -- Temptime Corporation, the world's leading provider of time-temperature indicators to the health care industry, announced today that it has acquired Enfield, Conn.-based William Laboratories to expand into blood temperature monitoring solutions.  Temptime's acquisition is a significant step toward expanding its capabilities since it partnered in September with Water Street Healthcare Partners, a strategic investor focused exclusively on health care.

Temptime's devices are used by the world's largest health organizations and pharmaceutical companies to alert them if vaccines and other medical products have been exposed to temperatures that could damage or alter their effectiveness.  Temptime's acquisition of William Laboratories expands the company into devices that monitor the temperature of blood and other biological products.  William Laboratories' core product, the Safe-T-Vue® temperature indicator, has been employed by hospital blood banks, operating and emergency rooms, and trauma services for more than two decades to store and transport blood within temperatures approved by the FDA.

"Our acquisition of William Laboratories is one more initiative that we are leading to achieve Temptime's mission of improving global health through solutions that protect people from the risk of using medical products damaged by extreme temperatures," said Renaat Van den Hooff, president, Temptime.  "We are deeply committed to our customers, and will continue to look for opportunities to extend Temptime's support of our customers' distribution practices to encompass a full range of medical and biological products."

Lois Sharpless, president, William Laboratories, added, "We are honored to become part of Temptime.  It is a prestigious organization that does so much good around the world.  Our products and customers will be in the hands of experts who are dedicated to the highest standard of time-temperature indicator technology.  With Temptime, our products will reach and make a difference in many lives."

Founded in 1987, Temptime and its scientists developed the first technology to monitor temperature exposure of vials containing the oral polio vaccine.  In September 2013, the company chose to partner with Water Street to expand its capabilities and grow its business.  In addition to acquiring William Laboratories, Temptime and Water Street plan to make strategic investments to expand Temptime's products to new markets, advance the company's research and development program, and increase its production capabilities.

About Temptime
Temptime is the world leader in time-temperature indicators to the health care industry.  The company plays a vital role in improving global health by providing solutions that monitor temperature-sensitive medical and biological products and devices.  The world's largest health organizations and manufacturers use Temptime's indicators to support them with safely distributing medical products and supplies around the world.  Temptime is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry.  To learn more about Temptime, please visit www.temptimecorp.com.


'/>"/>
SOURCE Temptime Corporation
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Johnson & Johnson (China) Investment Ltd. Acquires Guangzhou Bioseal Biotechnology Co., Ltd.
2. Marken Acquires European Kit Building Operation From LabCorp Clinical Trials
3. PLZ Aeroscience Acquires Assured Packaging
4. NeuroSigma Subsidiary Acquires Thin-Film Nitinol Fabrication Patent Portfolio
5. PneumRx, Inc. Acquires Key Assets From Broncus
6. FMC Corporation Acquires Phytone, Ltd., a Leading European Natural Colors Business
7. Frazier Healthcare Acquires U.S. Commercial Pharmaceutical Packaging Operations from Catalent Pharma Solutions
8. RoundTable Healthcare Partners Portfolio Company, Renaissance Acquisition Holdings, LLC Acquires DPT Laboratories
9. ERT Acquires invivodata to Establish the Industrys Most Experienced Provider of Clinical Outcome Assessment Solutions
10. Arthritis Associates of South Florida Acquires Access to Patient Health History Faster with Digital Pen Technology from Anoto and NextGen Healthcare
11. AstraZeneca Acquires Neuroscience Assets From Link Medicine
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... and Markets has announced the addition of the "Global Empty Capsules ... their offering. ... Empty Capsules Market is poised to grow at a CAGR of around ... This industry report analyzes the market estimates and forecasts ... presented in the research scope. The study provides historical market data for ...
(Date:2/24/2017)... Research and Markets has announced the addition of ... report to their offering. ... The latest research Dry eye Drugs Price Analysis and Strategies - 2016, ... The research answers the following questions: ... attributes? How are they positioned in the Global Dry eye market? ...
(Date:2/24/2017)...  In conjunction with DURECT Corporation,s (Nasdaq: ... you are invited to listen to a conference call ... Tuesday, March 14, 2017 at 4:30 pm Eastern Time ... webcast of the presentation will be available by accessing ... Relations."  If you are unable to participate during the ...
Breaking Medicine Technology:
(Date:2/24/2017)... ... 24, 2017 , ... In the Health Care IT campaign, Robert Herjavec discusses ... not if you will be attacked, but when.” However, he and many others involved ... care. , Improvements in auditing and monitoring have taken security in health care a ...
(Date:2/24/2017)... (PRWEB) , ... February 24, 2017 , ... With ProGlass ... Cut Pro X . Users have total control over position, rotation, distortion, edge softness, ... all within Final Cut Pro X. , With ProGlass Prism users are given the ...
(Date:2/24/2017)... ... February 24, 2017 , ... Indiana Fiber Network (IFN) President and ... this year. Dyer started as the Chairman of the Management Committee when IFN ... the corporation including the recruitment of investor/owners and development of the business plan. ...
(Date:2/24/2017)... ... February 24, 2017 , ... ... again hosted their Military Wedding Giveaway, with the winning couple announced on Feb. ... with services generously donated from local vendors: A Matter of Taste, Ryan Rousseau ...
(Date:2/23/2017)... , ... February 23, 2017 , ... ... devoted exclusively to funding innovative lymphoma research and serving the lymphoma community through ... return to the La Gorce Country Club in Miami Beach to host its ...
Breaking Medicine News(10 mins):