Having recently opened its support office in Philadelphia, PA, the decision to further expand its presence in the US market demonstrates Esco's commitment to the highly strategic US market
Esco Micro is purchasing equity via an investment in API, its exclusive US distributor for its NSF-listed Labculture range of biosafety cabinets.
The new joint venture company will be renamed Esco Biotech in order to present a unified front to the US market.
A growing home to the life sciences, the US biotechnology product market is expected to reach US$32 billion in 2006.
Esco Biotech will become Esco's sales company for its Labculture range laminar flow cabinets and NSF-listed biosafety cabinets, as well as its range of workstations for the animal handling laboratory.
