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Microsaic Systems plc

Microsaic Systems plc Distribution Agreement with CM Corporation Ltd.

Microsaic Systems plc (LON: MSYS), the developer of point of need mass spectrometry instruments, has today announced that it has signed a distribution agreement with CM Corporation Ltd for the exclusive distribution of the Microsaic 4500 MiD® MS detector in South Korea.

Established in 2000, CM-C is a specialist distributor of life science and analytical equipment, covering a wide range of markets in South Korea, including natural products, organic synthesis, pharmaceuticals, foods and environmental.

Glenn Tracey, CEO of Microsaic Systems, commented,

“We are very pleased to partner with CM-C in South Korea. In particular, the team at CM-C has the in-depth technical expertise in two key areas of interest for us: reaction monitoring and thin layer chromatography.

Online MS can enable rapid chemical quantification (<1 min analysis duration), for desired compounds and intermediates. MS can provide a greater degree of structural information and product composition, compared with optical spectroscopy, all in real-time due to its short method times. Consequently, MS is becoming the analytical technique of choice for optimising an automated flow reactor, as the technique determines steady state and then calculates a product yield with minimal data manipulation. Furthermore, Microsaic’s MS technology is specifically designed for point of need applications.

Estimates of the global market size for the reaction monitoring equipment market are in the region of $1.5 billion by 2022, with leading annual growth rates in Asia Pacific.

We work exclusively with local partners, knowledgeable in separation and MS technologies. Our strategy continues to be focused on business development in all key geographies.”

Mo Hoyule, Managing Director of CM-C, added:

“We are delighted to be distributing Microsaic’s technology, alongside globally recognised brands such as CAMAG and ThalesNano. This will enable us to offer our customers in South Korea a total solution in some very exciting growth areas in on-line chemical monitoring.”

This distribution agreement is the tenth partner signing for Microsaic, further extending its geographic reach.

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