Sartorius Stedim Biotech and Corning Announce Collaboration
Co-marketing and branding relationship leverages companies' existing synergies, focuses on delivering increased customer options and accessibility to latest technologies; first combined product catalogue available.
Göttingen, Germany and Lowell, Mass., U.S., January 29, 2010 - Sartorius Stedim Biotech (Euronext: DIM) and Corning Incorporated (NYSE: GLW), both leading international suppliers to the pharma and biotech industries, today announced a co-marketing and branding collaboration. The companies intend to leverage existing synergies to co-market a full range of cell culture products through a combined product catalogue and work together on numerous marketing and sales initiatives. Additionally, the companies are exploring best options and approaches for future research and development (R&D) efforts and joint product development.
"As competitive pressures in the cell culture industry continue to evolve and increase, it is critical that we are able to offer customers a full range of cell culture laboratory products spanning basic research to full scale production," said Thomas Appelt, vice president and general manager, Corning Life Sciences. "Our collaboration with another industry leader such as Sartorius Stedim Biotech will strongly position both companies for future success.
Reinhard Vogt, executive vice president and board member of Sartorius Stedim Biotech, said "both companies are leaders in single-use technology and can serve the global cell culture community with platforms for scaleable solutions for both attached cells and cells in suspension. Working together will enable us to provide customers with more options and increased access to innovative products and technologies, helping them further their research efforts and improve results. "
The collaboration will build off the companies' existing relationship and will take effect immediately. A combined cell culture product catalogue for North America is already available, with additional regional catalogues to follow soon after.
About Sartorius Stedim Biotech
Sartorius Stedim Biotech is a leading provider of cutting-edge equipment and services for the development, quality assurance and production processes of the biopharmaceutical industry. Its integrated solutions covering fermentation, filtration, purification, fluid management and lab technologies are supporting the biopharmaceutical industry around the world to develop and produce drugs safely, timely and economically. For next generation processes, Sartorius Stedim Biotech focuses on single-use technologies and value-added services to meet the rapidly changing technology requirements of the industry it serves. Strongly rooted in the scientific community and closely allied with customers and technology partners, the company is dedicated to its philosophy of "turning science into solutions" on a daily basis.
Headquartered in Aubagne, France, Sartorius Stedim Biotech is listed on the Eurolist of Euronext Paris. With its own manufacturing and R&D sites in Europe, North America and Asia and a global network of sales companies, Sartorius Stedim Biotech enjoys a worldwide presence. Its key manufacturing and R&D site is in Germany. The company employs over
2,300 people, and in 2008 generated sales revenue of 368.0 million euros.
Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.
Corning Media Relations Contacts:
+44 (0) 1494 533041
Sartorius Stedim Biotech Contact:
+49 (0) 551 308 3324
Lisa A. Burns
(607) 974-4897 [email protected]
Investor Relations Contact:
Kenneth C. Sofio (607) 974-7705 [email protected]