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Microsaic Shares Soar As It Launches New Identification Technique

11th Jan 2019 08:44

LONDON (Alliance News) - Shares in mass spectroscopy instrument maker Microsaic Systems PLC jumped over 40% on Friday as it introduced its new Microsaic MiD ProteinID protein identification technology.

Shares in Microsaic were 74% higher at 1.57 pence on Friday.

Microsaic described the new technology as a "break-through mass identification technique" which will allow its user to "verify target proteins throughout the whole bioprocessing value chain."

The firm explained this would provide fast deterministic characterisation results over a mass range of between 50 and 3,200 mass-to-charge ratio. This would represent the "broadest mass coverage for a small footprint mass spectrometer", the firm added.

"Bringing the power of the centralised laboratory to in-situ bioprocessing line measurements, the Microsaic MiD ProteinID reduces key bioprocessing analyses from days to minutes", Chief Executive Glenn Tracey said.

"This means operators can monitor feedstocks, metabolites and target proteins in just one measurement, thus accelerating time-to-market for new biologics development," Tracey added.

"Mass spectrometry can now offer superlative performance to high value manufacturing industries at the point-of-need, providing much greater insights over ubiquitous optical sensors."


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