NaviCyte, Inc. Acquires Precision Instrument Design.RENO Reno (rē`nō), city (1990 pop. 133,850), seat of Washoe co., W Nev., on the Truckee River; inc. 1903. Tourism has been the major industry since gambling was legalized in Nevada in 1931. , Nev.--(BW-HealthWire)--March 12, 1997--NaviCyte, Inc. announced today the acquisition of all products, patents, and technology of Precision Instrument Design, Inc., (PID (1) (Process IDentifier) A temporary number assigned by the operating system to a process or service. (2) (Proportional-Integral-Derivative) The most common control methodology in process control. ) of Tahoe City, CA. PID is a leading manufacturer and distributor of diffusion chamber diffusion chamber Therapeutics A biohybrid device in which cells of interest–pancreatic islet cells–are placed in chamber and implanted via trocar or incision in the peritoneum or subcutis; the DC is like the earlier perfusion chamber, and the currently systems used by over 500 laboratories in the pharmaceutical industry for drug transport studies. NaviCyte will continue to provide sales, service, and support for the complete PID product line, as well as continuing new product development in pharmaceutical testing and related areas. In addition to the technology acquisition, George M. Grass, Ph.D., president of PID joined NaviCyte as its President and Chief Executive Officer. NaviCyte Inc. is a privately held biotechnology company based in Reno, Nevada. The company was founded in October of 1996 and sells proprietary High Throughput The speed with which a computer processes data. It is a combination of internal processing speed, peripheral speeds (I/O) and the efficiency of the operating system and other system software all working together. 1. Pharmacokinetic Screening (HTPkS) systems and disposable disposable Nursing adjective Referring to that which is discarded or disposed of noun An item used in health care-related Pt contact which is discarded after use–eg masks, gloves, gowns, needles, paper products, syringes, wipes. See Biohazardous waste. laboratory products and provides contract services to enable rapid screening of drug candidates for pharmacokinetic characteristics. The company also develops computer simulation models that use data obtained from its patented systems to predict drug pharmacokinetic outcomes in humans. CONTACT: NaviCyte, Inc. Reno, Nevada George M. Grass, Pharm.D., Ph.D, 702/823-9112 |
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