Tecan successfully completes OEM development of Dako Omnis
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Tecan Group AG /
Tecan successfully completes OEM development of Dako Omnis
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Männedorf, Switzerland, June 7, 2013 - The Tecan Group (SIX Swiss Exchange:
TECN) announced today that it has successfully completed the OEM development of
the Dako Omnis. In May 2011, Tecan signed a major OEM agreement with Dako, an
Agilent Technologies Company (NYSE: A) and worldwide provider of cancer
diagnostics, for the development and supply of an advanced staining platform.
Formerly the development program was referred to by Tecan as P16. The Dako Omnis
instrument, co-developed with Dako and manufactured by Tecan, comprises hardware
and software and sets new standards in automated tissue-based cancer
diagnostics.
Tecan CEO David Martyr commented: "We are delighted that we successfully
completed the development of the Dako Omnis as planned and only two years after
signing the agreement. As communicated before, we expect sales volumes for Tecan
from the supply of the Dako Omnis to accelerate from the second half of this
year with a substantial contribution to our sales growth from 2014 onwards."
About Tecan
Tecan (www.tecan.com) is a leading global provider of laboratory instruments and
solutions in biopharmaceuticals, forensics and clinical diagnostics. The company
specializes in the development, production and distribution of automated
workflow solutions for laboratories in the life sciences sector. Its clients
include pharmaceutical and biotechnology companies, university research
departments, forensic and diagnostic laboratories. As an original equipment
manufacturer (OEM), Tecan is also a leader in developing and manufacturing OEM
instruments and components that are then distributed by partner companies.
Founded in Switzerland in 1980, the company has manufacturing, research and
development sites in both Europe and North America and maintains a sales and
service network in 52 countries. In 2012, Tecan generated sales of
CHF 391 million (USD 416 million; EUR 323 million). Registered shares of Tecan
Group are traded on the SIX Swiss Exchange (TECN; ISIN CH0012100191).
For further information:
Tecan Group
Martin Braendle
Head of Corporate Communications & Investor Relations
Tel. +41 (0) 44 922 84 30
Fax +41 (0) 44 922 88 89
investor(at)tecan.com
www.tecan.com
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Source: Tecan Group AG via Thomson Reuters ONE
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