TeraView, the pioneer and leader in Terahertz technology and solutions for the pharmaceutical, life science and analytical industries, announces that it has received orders and installed systems for key customers in Japan, Korea and China.
In each sale, TeraView has worked closely with its partner in the analytical industry, Bruker Optics, to ensure that customers received the right product with a high level of commitment to after-sales support.
Each is a world first – TeraView has provided the first commercial Terahertz products in each of these territories. In some instances, the Company secured contracts ahead of domestic competition.
Customers include Takeda, the largest Japanese pharmaceutical company working on drug development, a medical imaging laboratory at the Chinese University of Hong Kong looking at early stage cancer detection, and other customers in China and Korea which will also act as reference sites for future business.
According to Don Arnone, Chief Executive Officer of TeraView: “The creation of our Asian business is the result of a considerable amount of hard work over the past couple years. The fact that we have beaten out domestic competitors is testament to the high performance of our products and our heavy investment in customer support, both of which are unparalleled in this industry. The success of our Asian business is evidence of our commitment to provide these customers with total solutions to their business needs, which is of up-most importance to users in this region. “
In addition, Arnone noted that “the relationship with Bruker Optics was also fundamental to our success in Asia, and is another example of how our business model of working with partners to address the broader analytical market has built value for TeraView, Bruker, and most importantly for our customers.”
TeraView’s Chief Scientific Officer, Professor Sir Michael Pepper, FRS, added that “We are in an ideal position to support these customers because of the Company's substantial expertise and personnel dedicated to the science behind these applications. TeraView has pioneered developments where initially nobody suspected that Terahertz could be of importance.“
Michael Verst, President of Bruker Optics Japan and Korea: "Bruker Optics is growing rapidly in the Asian markets, by providing high-end research, analytical and process analysis instruments to a variety of customers. It is part of our philosophy to continuously look into innovations and new technologies and we are very happy to work with TeraView to offer our customers the emerging new Terahertz technology."
TeraView is the world’s first company devoted to the application of THz light for spectroscopy and imaging. In the pharmaceutical sector, TeraView’s technology can improve the quality of drugs and decrease the risk of regulatory non-compliance, leading to potentially safer tablets and savings arising from faster times to market and volume production of higher quality, stable products. Other markets for the technology exist in early stage cancer detection, defence and industrial inspection which are explored via commercial partners. Headquartered in Cambridge, UK, TeraView was spun-out of the Toshiba Cambridge Research Laboratory in April 2001. Sales and support are available throughout Europe, North America and the Far East either directly or through a network of distributors. For more information, please visit www.teraview.com.
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For further information, please contact:
Dr Don Arnone, Chief Executive Officer, TeraView Ltd
Tel: +44 (0)1223 435383
don.arnone@teraview.com
Press enquiries to:
Helen Thurley, TeraView Ltd
+44 (0)1223 435 380
helen.thurley@teraview.com
About Bruker
About Bruker BioSciences (NASDAQ: BRKR)
Bruker BioSciences Corporation, headquartered in Billerica, Massachusetts, is the publicly traded parent company of Bruker Daltonics Inc., Bruker AXS Inc. and Bruker Optics Inc. Bruker Optics is a leading developer and provider of research, analytical and process analysis instruments and solutions based on infrared and Raman molecular spectroscopy technology.
For more information, please visit www.brukeroptics.com
