Waters Acquires Halo Labs, Expanding Biological Analysis Portfolio
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The Aura™ platform from Halo Labs features a highly differentiated technology that performs full spectrum particle analysis and is complementary to the Waters light scattering detection solutions from its Wyatt Technology™ Portfolio. For example, its subvisible particle technology unlocks additional insights when characterizing external particles used to amplify CAR T-cells for cell therapy, detecting these translucent process impurities that are currently undetectable by standard methods. By acquiring this innovative company, Waters will be able to integrate this emerging technology into new and existing large molecule development and QA/QC, giving a key value-add to customers while accelerating the Company's growth into analytical and bioprocessing testing for large molecule therapies.
"Adding the innovative low-sample-volume, high-throughput technology from Halo Labs provides analysis for a broad range of sample types and volumes, enabling earlier insights during therapy development and greater safety during manufacturing," said Dr.
"We are thrilled to join forces with Waters, a company that shares our values of purposeful innovation and customer focus," said
Today's acquisition of Halo Labs is expected to have a negligible impact on the Company's income statement over the following 12 months.
About Halo Labs
Halo Labs is a venture-backed scientific instrumentation and consumable company that commercializes high throughput biopharmaceutical formulation, stability, and product quality control tools for aggregate and subvisible particle analysis using state-of-the-art custom optics and image processing techniques. Biopharmaceutical companies around the globe depend on Halo Labs for unprecedented insights into their drug products.
About Waters Corporation
Waters Corporation (NYSE: WAT), is a global leader in analytical instruments, separations technologies, and software, serving the life, materials, food, and environmental sciences for over 65 years. Our Company helps ensure the efficacy of medicines, the safety of food and the purity of water, and the quality and sustainability of products used every day. In over 100 countries, our 7,600+ passionate employees collaborate with customers in laboratories, manufacturing sites, and hospitals to accelerate the benefits of pioneering science.
Halo Labs, Aura, and Wyatt Technology are trademarks of Waters Technologies Corporation.
Contact:
Senior Director, Business Unit Communications
Waters Corporation
[email protected]
+1.302.367.6958
View original content to download multimedia:https://www.prnewswire.com/news-releases/waters-acquires-halo-labs-expanding-biological-analysis-portfolio-302461826.html
SOURCE Waters Corporation
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