Creoptix attracts Waters as corporate investor

07.09.2018 14:21

Related tags

Creoptix Wave

Creoptix AG, a Switzerland-based company focused on next generation bioanalytical instruments, secured new investment in the company from Waters Corporation, a globally leading specialty measurement company. Additionally, Geoff Gerhardt, Ph.D., Sr. Director, Corporate Development at Waters will join Creoptix board of directors effective immediately.

Creoptix developed and markets Creoptix WAVE systems to study molecular interactions in real-time. Based on proprietary waveguide technology and no-clog microfluidics, WAVE systems uniquely combine unparalleled resolution and crude sample robustness to generate unmatched data quality. The technology is facilitating new analytical applications that were not previously possible, such as membrane protein analysis in drug discovery and real-time kinetic interaction studies in body fluids for biomarker and biotherapeutics development.

“We are very proud to be partnering with Waters Corporation as corporate investor, including participation on our board of directors,” said Matyas Vegh, CEO of Creoptix. “This not only bolsters our analytical science expertise and resources to expand our presence in the market, but it also acknowledges our technology and its potential.” 

”New innovative analytical technologies are critical to accelerating biopharmaceutical therapeutic drug development processes. Creoptix has developed unique technology that enables protein researchers to generate higher quality protein binding data with significantly improved robustness compared to legacy technologies.  Waters is excited to support Creoptix's vision for widespread adoption of its WAVE System technology,” said Dr. Gerhardt.

Creoptix is a private company headquartered in Wädenswil, near Zurich, Switzerland, and offices near Boston, USA. Creoptix focuses on next generation bioanalytical instruments for drug discovery and development as well as academic research. Based on its proprietary sensor and microfluidics technology, their Creoptix WAVE systems provide exceptionally high sensitivity and resolution in characterizing real-time interactions between small molecules, peptides, proteins and other molecules and in even crude samples like undiluted serum or plasma. 

Waters Corporation (NYSE: WAT), the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry and thermal analysis innovations serving the life, materials and food sciences for 60 years. With approximately 7,000 employees worldwide, Waters operates directly in 27 countries, including 11 manufacturing facilities, and with products available in more than 100 countries.

(Press release)

Please login or
register to comment

Please login or sign up to comment. Commenting guidelines

Principal

21.09.2018
Editorial

The smartest heads for Switzerland

Partners

Contributors

By continuing to use this website you agree with our TERMS AND CONDITIONS

In order to provide the best quality for you, our system uses "cookies", which are stored on your device. Cookies are necessary to identify what information (job advertisement, questionnaire, etc) you have already seen. IP address is used for the same purposes as described above.

When creating a profile, applying to the newsletter, job subscriptions and etc, you agree that the data, which you have entered, will be stored and processed in the system in order to provide services, which you have applied for.

We do NOT sell your personal data to any 3rd party services.

You must be 18 or older years old to use our services. If you are underage, you must have a permission to use our services from your parent or guardian. It is necessary in order to store and process your data.

By continuing to use our services, you agree with the these terms. You can withdraw your agreement at any time, by deleting cookies from your device and by sending request for deleting your data to the administrator.