Genetix Joins Molecular Devices: Combining Businesses to be in a Better Position to Serve Customers

By Molecular Devices Inc., PRNE
Monday, July 4, 2011

SUNNYVALE, California, July 5, 2011 -


Today, Molecular Devices, a leading provider of instruments,
software, and consumables for drug discovery and life sciences
research, announced that the Drug Discovery Division of Genetix
will join Molecular Devices.

(Logo:   href="photos.prnewswire.com/prnh/20100406/SF82092LOGO">photos.prnewswire.com/prnh/20100406/SF82092LOGO)

With the addition of Genetix, Molecular Devices continues to
grow as a leading technology supply company for research,
biotechnology, and pharmaceutical customers around the world.

Research in Pharma/Biotech is shifting toward biotherapeutic
drugs (antibodies, proteins, and vaccines).  Two key products
from Genetix, the ClonePix™ and QPix™ instrument platforms, address
cell lines used in biotherapeutic research.  ClonePix is an
automated mammalian cell selection platform that significantly
expedites the process of identifying and selecting cells that
produce biotherapeutic candidates, reducing both time and cost.

In addition, the CloneSelect™ Imager and CellReporter from
Genetix will extend Molecular Devices’ imaging portfolio. These
products offer a good value for a budget conscious end user.

Commenting on the move, Mark Verheyden, President of Molecular
Devices said, “We are excited about welcoming Genetix into the
Molecular Devices team, knowing that the combined business will be
better positioned to serve our customers.”

About Molecular Devices, Inc.

At Molecular Devices we have one focus-our customers. Whether a
long-time user, recent adopter, or prospective customer, your needs
fuel our actions. We hire creative, best-in-class people to design,
manufacture, and commercialize analytical instruments, software,
and assays as well as provide dedicated follow-on support.
Understanding your laboratory workflow is our top priority, and we
direct product development toward solving your unique issues. Our
instruments offer a full spectrum of detection technologies and
meet all throughput needs-from dedicated, single-readout devices to
multi-readout systems. Our goal is to deliver highly relevant
analytical products to detect biology, decode data, and drive
discovery. With headquarters in Silicon Valley and offices around
the globe, we support and enrich efforts of the international
BioResearch, BioPharma, and BioTesting communities. Visit us today
at href="www.moleculardevices.com/">www.MolecularDevices.com.

Molecular Devices products are for Research Use Only. Not for
use in diagnostic procedures.

Molecular Devices, the Molecular Devices logo, and all other
trademarks are the property of Molecular Devices, Inc.

About Genetix

Founded in 1991, Genetix offers cell selection and cell imaging
instrumentation and related products to basic and applied research
scientists. The product range has been rebranded to carry the
Molecular Devices name.

Mark Truesdale, +44(0)1425-624655, Mark.Truesdale at genetix.com

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