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Cellexus Biosystems plc appoints IUL as its exclusive distributor in Austria, Benelux Germany, the Netherlands and Switzerland

26th June 2007
Cellexus Biosystems plc (PLUS Markets: CBIO), the specialist in the design, manufacture and commercialisation of novel disposable technology for growing cells, has entered into a distribution agreement with IUL Instruments GmbH, of Königswinter, Germany.
IUL distributes an extensive range of cell-based reagents and instruments to the biotechnology and biopharmaceutical industries, covering countries from Austria to the Netherlands. The Company’s headquarters are located in Germany, with a wholly owned subsidiary in the Netherlands.
Commenting on the agreement, Dr Kevin Auton, CEO of Cellexus Biosystems, said:
“We were very clear from the outset that our strategy within the European Economic area required us to partner with organisations that had developed effective local sales channels. In choosing a partner for this region, we looked for a company that could provide our customers with the best service and support available - and this required a localised sales and support infrastructure. IUL is unusual in that the organisation operates throughout several of the countries that contain some of the highest densities of biopharmaceutical companies and research institutes within the European Economic area. This, coupled with expertise in microbiology and biotechnology, makes IUL an ideal partner in this region and we look forward to the added momentum that the company will bring to our expansion.”
Alexander Beljaars, Managing Director of IUL, commented:
“Adding the CellMakerTM product range is an important strategic step for IUL to take. We have a wide range of products that we supply to our customers for microbiology and biotechnology and so the CellMaker bioreactors are a natural extension for us. We have built a very successful business as a distributor for other companies who manufacture products that are complementary to the CellMaker product range. We believe that our existing customer base will welcome the opportunity to invest in the CellMaker products, knowing that they have the local service and support that my organisation can provide.”

Ends


Further information:


Cellexus Biosystems plc:
Dr Kevin Auton
12 Ramsay Court
Hinchingbrooke Business Park
Huntingdon
Cambridgeshire PE29 6FY
United Kingdom
+44 1480 453 858
kevin.auton@cellexusbiosystems.com
www.cellexusbiosystems.com

IUL Instruments GmbH:
Alex Bejars, Managing Director
Königswinterer Str. 409
53639 Königswinter
+49 2223 91920
info@iul-instruments.de
www.iul-instruments.de

JM Finn & Co, corporate adviser:
Clive Carver
4 Coleman Street,
London
EC2R 5TA
United Kingdom
+44 207 600 1659
clive.carver@jmfinn.com
www.jmfinn.com

Hybridan LLP, Cellexus Biosystems’ broker:
Claire Noyce
Stephen Austin
60 Lombard Street,
London EC3V 9EA
United Kingdom
+44 20 3159 5085
claire.noyce@hybridan.com
www.hybridan.com

Media enquiries:
Capital MS&L, PR advisers for Cellexus Biosystems
Mary Clark/ Peter Curtain
+44 20 7307 5330
peter.curtain@capitalmsl.com
www.captialmsl.com

Trade Press enquiries:
Not This Limited, Marketing advisers for Cellexus Biosystems
Jessica Auton
+44 1480 352 821
jessica.auton@notthislimited.co.uk
www.notthislimited.co.uk

Notes to editors:
Cellexus Biosystems has developed a range of value-added disposables to help researchers in the biopharmaceutical industry and academia, develop new biopharmaceutical products from cell lines. Biopharmaceuticals are the new breed of medicines, generated by culturing cells in bioreactors. These medicines are often proteins, such as antibodies or can be vaccines. The potential of future medical treatments offered by stem cell research would also fall within this category. Sales of biopharmaceuticals reached US$60 billion in 2005 and are growing at 20% per annum.
The Company has already developed a family of products. Three products have been developed all based around the core technology - the CellexusBagTM – and are marketed under the name: CellMaker Lite2TM. These products potentially offer significant technological improvements for cell culture and cell growth in the developing disposables market.

Unlike competitive products, the CellexusBag products do not need to be shaken, rocked or rolled, which means the equipment used to manage the cell culture process is very simple and inexpensive. Patent application protecting the Company’s intellectual property was filed in December 2005.

Images of the CellMaker Lite2 can be downloaded from the Company’s website
http://www.cellexusbiosystems.com/index_files/CellexusBiosystemsMediaResources.htm

IUL Instruments GmbH
www.iul-instruments.de

 

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