Thermo Electron Corporation purchased Ionalytics Corporation

15-Aug-2005

Thermo Electron Corporation announced that it has purchased Ionalytics Corporation, developer of a dynamic ion filtering device used with mass spectrometers in bioanalysis, proteomics and drug discovery. Financial terms of the transaction were not disclosed.

Founded in 2001, as a spin out from the National Research Council Canada, Ionalytics is based in Ottawa, Canada. Its customers consist of pharmaceutical development and manufacturing companies, as well as contract research organizations that assist major pharmaceutical companies in performing their bioanalytical measurements.

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