ChemoMetec's Strategic Move to Acquire Ovizio Imaging Systems

ChemoMetec's Strategic Acquisition Plans

ChemoMetec has taken a significant step by making an indicative offer to acquire Ovizio Imaging Systems. This move aims to enhance ChemoMetec's presence in the automated cell counting market. The ownership group of Ovizio has accepted this offer, giving ChemoMetec three weeks to conduct a thorough due diligence review. If everything proceeds positively, the acquisition will likely move forward.

Innovative Technology in Focus

Ovizio specializes in cell counting technology utilizing cutting-edge holographic microscopy. This innovative instrument is primarily deployed in bioprocessing and cell and gene therapy environments. A notable feature is its direct connection to customers' bioreactors through a disposable item, which is provided sterilized and adheres to stringent cleanliness standards. This allows for continuous monitoring of cell extraction from bioreactors for analysis and reintegration afterward, optimizing therapeutic processes.

Customer Base and Revenue Insights

With a clientele comprising reputable names in the pharmaceutical and biotechnology sectors, Ovizio has demonstrated its market impact. The company reported a substantial revenue of EUR 1.4 million in the previous year, with a considerable portion stemming from consumables and service contracts associated with its innovative products.

Strategic Synergy and Market Position

ChemoMetec's management foresees that merging their technologies with Ovizio's expertise will create a powerful alliance in the automated cell counting arena. The synergies derived from this merger could potentially offer enhanced solutions to their customers while boosting their competitive position in the bioprocessing market.

Looking Ahead: Financial Guidance

While the acquisition may prove to be beneficial, it remains to be seen how it will influence ChemoMetec’s financial forecasts for the 2024/25 fiscal period. The management team is expected to assess various factors in the following weeks to determine how the merger would fit into their long-term goals.

About ChemoMetec A/S

Founded in 1997, ChemoMetec develops, manufactures, and sells sophisticated instruments for cell counting and a wide array of measurement tasks. Their tools are vital across various industries including pharmaceuticals, biotechnology, and agriculture, serving some of the world's foremost pharmaceutical companies. ChemoMetec is publicly traded on Nasdaq OMX Copenhagen under the ticker Copenhagen:CHEMM.

Contact Information

If you have further inquiries or need more information, please reach out to our leadership team:

Martin Helbo Behrens, CEO
Tel.: (+45) 48 13 10 20

Kim Nicolajsen, CFO
Tel.: (+45) 48 13 10 20

Frequently Asked Questions

What is ChemoMetec planning with Ovizio Imaging Systems?

ChemoMetec has made an offer to acquire Ovizio Imaging Systems to enhance their automated cell counting technology and market position.

How does Ovizio's technology work?

Ovizio uses holographic microscopy for cell counting, enabling real-time monitoring and analysis in bioprocessing and gene therapy.

What was Ovizio's revenue last year?

In the last reported year, Ovizio generated a revenue of EUR 1.4 million, largely driven by consumables and service contracts.

How will the acquisition impact ChemoMetec's future?

The full effects on ChemoMetec's financial guidance for the 2024/25 fiscal year are still being evaluated as they conduct due diligence.

Who can I contact for more information?

For more information, you can contact Martin Helbo Behrens, CEO, or Kim Nicolajsen, CFO, at the provided telephone numbers.

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