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SYGNIS AG expands access to Chinese market with second OEM deal with TANON
Current OEM agreement expanded to cover two additional product lines / Expected annual revenue contribution now more than EUR 1M
Dr. Heikki Lanckriet, Co-CEO and CSO of SYGNIS, said: “With life sciences research activities increasing significantly in China, we have seen a heightened interest in and need for our cutting-edge reagents and kits, making China a key market for SYGNIS. The expanded deal with TANON is expected to contribute to growing revenues and, ultimately, achieving profitability.”
Pilar de la Huerta, Co-CEO and CBDO of SYGNIS, added: “China is a challenging market to enter. TANON is a well-known proteomics player in China and has a strong customer base in the right segments for SYGNIS’ products. Already from the start, our cooperation was very successful. TANON has proved to be a partner with an ideal fit and we are very pleased to extend the cooperation with this second agreement.”
Cheng Wei Meng, CEO of TANON, noted: “We are delighted to be strengthening our relationship with SYGNIS. The technology and product offering afforded by this partnership have been extremely well received by our Chinese customer base. We see real opportunities to extend this relationship further in the future.”
About TANON: www.biotanon.com
TANON Science & Technology Co., Ltd. was founded in the early ninety's, specializing in the field of development, production and marketing of the electrophoresis system and the software run with life sciences. With the combination of independent research and development, international cooperation and introduction, TANON dedicates to manufacture the highest quality products at the competitive prices and provide the advanced tool to the researchers who are engaged in the field of molecular biology.
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