7th Jun 2019 09:08
LONDON (Alliance News) - Microsaic Systems PLC on Friday said it signed an exclusive agreement with CM Corp Ltd for the distribution of its 4500 MiD MS detector in South Korea.
Shares in the developer of mass spectrometry instruments were trading 6.7% higher at 1.60 pence each.
CM is a specialist distributor of life science and analytical equipment in South Korea, Microsaic explained.
"We work exclusively with local partners, knowledgeable in separation and MS technologies. Our strategy continues to be focused on business development in all key geographies," Chief Executive Officer Glenn Tracey said.
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