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:12/5/2016)... NEW YORK , Dec. 5, 2016 /PRNewswire/ ... of penicillin in 1948, antibiotics have emerged as ... treating several infectious conditions. In addition, antibiotics are ... have undergone surgery, or immunocompromised patients (cancer patients ... both in healthcare and food production, has rapidly ...
(Date:12/5/2016)... 29, 2016 Several leading Alzheimer,s disease experts ... Inc. at 11 a.m. EST on December 6 ... Clinical Trials for Alzheimer,s Disease (CTAD). The program will ... disease and therapeutic targets that address deficient glucose metabolism ... recent failure of another therapy targeting the amyloid hypothesis, ...
(Date:12/5/2016)... Research and Markets has announced the addition of the ... Research, Disease Diagnostics), End User (Academic & Research Institutes, Pharmaceutical & ... offering. ... The western blotting market is expected ... in 2016, growing at a CAGR of 4.9%. ...
Breaking Medicine Technology:
(Date:12/6/2016)... ... 06, 2016 , ... The Behavioral Health Center of Excellence ... organization as a top behavioral service provider in the country. The award celebrates ... satisfaction and qualifications, and consumer satisfaction. These areas are measured via a wide-ranging ...
(Date:12/6/2016)... Cary, NC (PRWEB) , ... December 06, 2016 ... ... cancer research charity, is thrilled to formally announce its Not a Moment to ... Moment to Lose will rally supporters dedicated to declaring victory over cancer. The ...
(Date:12/6/2016)... ... December 06, 2016 , ... ... is now offering HIAC particle counting and sizing services for USP 788 and ... instituted the new service as a response to the needs of pharmaceutical and ...
(Date:12/6/2016)... ... 06, 2016 , ... METTLER TOLEDO has launched its online ... white papers, guides, handbooks, case studies, magazines, webinars, videos, catalogs, brochures, datasheets, user ... documents, webinars and videos available online, visit the METTLER TOLEDO Expertise Library ...
(Date:12/6/2016)... ... December 06, 2016 , ... ... 25th, when SevenPoint2 released the much-anticipated HydroFX for Water®. This first-of-its-kind water-soluble ... Featuring one of the world’s most powerful antioxidants, molecular hydrogen, HydroFX for ...
Breaking Medicine News(10 mins):