Looking positive here16 Jan 2017 16:39
Kirkstall 28% stake Sales of its ‘organ-on-a-chip` system, Quasi Vivo™, are ahead of forecast Competitor recently sold for £50 million, Cyprotex was aim listed. Global `organ-on-a-chip` market is poised to grow at a compound annual growth rate of around 69% over the next decade to reach approximately $6.13 billion by 2025. In the quarter ended 30 September 2016, sales of Quasi VivoTM exceeded management forecasts, particularly in the USA, where Kirkstall is represented by Triangular Research Labs (part of Lonza Group, one of the world’s leading suppliers to the Pharma & Biotech and Specialty Ingredient markets). Paraytec 33% stake Sales have now begun of Paraytec’s recently introduced its ActiPix™ D200 system into the global pharmaceutical market. The partner distributing Actipix, Malvern Instruments has just merged with X-ray technology specialist PANalytical, which is headquartered in The Netherlands. Both companies are owned by parent company Spectris plc and are operating companies within the materials analysis segment of Spectris. Paraytec’s instruments can also be used to monitor how tablets, gels and creams, release their active ingredients into liquids, including biological media, as well as across membranes such as skin. Gyrometric 47% stake Patent protected system of hardware and software to monitor the vibrations in rotating shafts. Established sales partners in Germany and Asia on which it will now build and expects to be breakeven in 2017.