Sepragen and Thermax enter into co-development and manufacturing agreement for adsorbent resins; Agreement Gives Sepragen Access to Large Scale Manufacturing Capacity.HAYWARD, Calif.--(BUSINESS WIRE)--April 16, 1996--Sepragen Corporation (Nasdaq:SPGNA, SPGNU, SPGNW; PSE PSE 1. pale soft exudative pork. 2. portosystemic encephalopathy. : SPNTT, SPNUTT, SPNWSATT) today announced a resin development and manufacturing agreement with Thermax, Limited., one of India's largest processors of ion-exchange resins ion-exchange resin Any of a wide variety of synthetic polymers containing positively or negatively charged sites that can interact with or bind to an ion of opposite charge from a surrounding solution. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, Thermax will exclusively develop and manufacture certain chemical resins for Sepragen. Resins are adsorbent materials Noun 1. adsorbent material - a material having capacity or tendency to adsorb another substance adsorbent sorbent, sorbent material - a material that sorbs another substance; i.e. that are used to separate target molecules from a stream of liquid. In Sepragen's high volume, high speed radial flow chromatography chromatography (krō'mətŏg`rəfē), resolution of a chemical mixture into its component compounds by passing it through a system that retards each compound to a varying degree; a system capable of accomplishing this is called a system, resins account for up to 40% of the cost of performing a separation. Resins are consumables that must be replaced periodically. Thermax operates two large manufacturing plants in Pune and Paudh, India that make specialty resins for the water treatment market. The company has approximately 3,000 employees, of whom 1,400 are engineers, chemists and scientists. "Strategically, expanding our ability to design new resin chemistries helps us develop a wider array of separation solutions in industries from biotechnology to food to waste management," said Vinit Saxena, Sepragen's Chairman, Chief Executive Officer and President. Adding the capacity to produce the new resins economically and in large quantities enables us to provide these solutions cost-effectively." "We can harness Thermax's resources to make the specific resins needed for our applications, without any investment in development personnel or manufacturing plants, Mr. Saxena added. To develop the expertise in-house and set up a plant would be both expensive and time-consuming." Mr. Jamshed (Jim) Bhathena, General Manager of Thermax's North American operation North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. in Novi, MI, said, "We are excited about our collaboration with an entrepreneurial company like Sepragen. Thermax's major strengths are its high quality, low cost research and development, and its manufacturing resources. This association leverages these strengths in conjunction with Sepragen's objective of addressing high value growth markets." Sepragen Corporation has pioneered the development of large-scale chromatography with its patented radial flow chromatography process which can separate target molecules from high volume liquid raw material streams. Sepragen develops and licenses separations and purification technology using the company's patented Superflo(R) radial flow chromatography columns Noun 1. chromatography column - a vertical glass tube used in column chromatography; a mixture is poured in the top and washed through a stationary substance where components of the mixture are adsorbed selectively to form colored bands column and QuantaSep(R) 1000 computer controlled process chromatography workstations for use in the biopharmaceutical, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. and waste management industries. The company also sells patented resins and other separations media. CONTACT: MWW/Strategic Communications, Inc. Media: Marie DiFrancesco (mdifranc@mww.com) Investors: Ronald Stack (rstack@mww.com) Carolyn Bancone (cbancone@mww.com) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion