Advion BioServices, Inc. Announces Expansion
November 12, 2007 — SAN DIEGO, C.A. – Advion BioServices, Inc., the bioanalytical services division of Advion BioSciences, Inc. announced today during the 2007 AAPS Annual Meeting and Exposition that it is expanding its capacity with the recent acquisition of two Applied Biosystems/ MDS Sciex API 5000 mass spectrometers and Waters Acquity UPLC capability. In addition, the company has hired 17 employees since relocating to its new laboratory facility in late April of this year.
Since 1993, Advion has operated a GLP bioanalytical LC/MS/MS laboratory serving the pharmaceutical industry. The addition of these API 5000 mass spectrometers brings the number of triple quadrupole mass spectrometers within Advion’s bioanalytical laboratory in Ithaca , New York to 24, making it one of the largest bioanalytical contract laboratories in the world. The acquisition of UPLC by Advion provides a wider range of liquid chromatography capabilities to offer its customers.
“The addition of API 5000 and Acquity UPLC systems provides our scientists with technology to meet the needs of our clients for LC/MS/MS assays with improved sensitivity,” remarked Tom Kurz, Advion BioServices’ president. “Not only does this new equipment improve our capability, but in combination with the recent expansion of our scientific staff provides us with increased capacity to serve our clients.”
Additionally, Advion has recognized a 35% growth in quarterly revenue versus prior year due in part to expanded offerings including dose formulation analysis, sample management and storage, metabolism services, PK data analysis, and immunoassay services. “The new services were developed and offered as a direct result of client requests that such services be provided by Advion under our high standards for scientific excellence, regulatory compliance, and unparalleled service,” Kurz commented.
About Advion BioServices, Inc.:
Advion is a scientific leader in bioanalytical and immunoassay services. Advion offers a range of services including LC/MS/MS services, immunoassay services, dose formulation analysis, sample management and storage services. The company is the laboratory of choice for pharmaceutical and biotechnology companies demanding scientific excellence. More information about the company can be found on its website www.advion.com.
Manager of Corporate Marketing Communications
Advion BioSciences, Inc.