Applied Photophysics (APP) and Fluorescence Innovations (FI) have entered into a joint venture agreement to develop and produce protein stability systems for leading researchers and industries around the globe.
The two firms said they will be equal partners in the new initiative. The joint venture will be autonomous and independent, with APP and FI continuing to compete in all other business areas, the companies said. They anticipate that joining forces on protein stability systems will lower development costs and bring forward a cutting-edge technology centered around a chemical melt protein stability system.
‘With the development of biopharmaceuticals, comes the need for discovery tools and new analysis tools to ensure the safety of product and ability to get the products to the patient in a timely, safe and user-friendly manner’ Tim Flanagan, CEO Protein Stable said in a statement.
Both companies aim to offer their specific expertise with FI handling the development of the technology and APP offering streamlined sales and manufacturing support to produce the system. Both companies have significantly played a vital role in the success of the newly-founded Protein Stable Ltd.
All worldwide sales and service of Protein Stable products are handled by Applied Photophysics.
About Applied Photophysics
Applied Photophysics provides solutions for biophysical characterisation of biomolecules. Chirascan™ systems characterise changes in higher order structure of proteins to support cutting-edge research and the development of biopharmaceuticals. The SX-range of spectrometers sets the standard for kinetic studies of fast biochemical reactions.
Chirascan is a trademark of Applied Photophysics Ltd.
Copyright © 2020, Applied Photophysics Ltd. All rights reserved. For more information: https://www.photophysics.com/
About Fluorescence Innovations
Fluorescence Innovations designs, builds and markets instrumentation that measures the fluorescence lifetime properties of biological systems. For more information: https://www.fluorescenceinnovations.com/
Applied Photophysics Limited
21 Mole Business Park
Telephone: +44 1372 386 537