5th Dec 2019 11:14
(Alliance News) - Microsaic Systems PLC on Thursday said it has signed an exclusive distribution agreement with ST Japan Inc to distribute its branded 4500 MiD mass spectrometry detector.
The scientific research company shares were trading 13% higher in London on Thursday morning at 0.90 pence each.
ST Japan designs and manufactures its own laboratory equipment and software which it sells world-wide.
The 4500 MiD detector - which has an integrated computer and vacuum pump - will be distributed in Japan, Microsaic said.
"Microsaic has a growing portfolio of partners in North America, Europe, China, Korea, Asia, Australia and now also Japan. This is a well-established market for analytical chemistry, and this latest agreement with ST Japan marks another milestone in what we expect to be a very exciting period of growth in international deployments of Microsaic's technology," said Microsaic Chief Executive Glenn Tracey.
By Evelina Grecenko; [email protected]
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