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Uppsala, Sweden, 25 April 2008

Breakthrough sales to German CMO market and continued repeat purchases confirms the importance of Gyrolab for therapeutic antibody development

Gyros announced the completion of three new sales of the Gyrolab® analysis platform at the close of the first quarter. Two systems were purchased by key German contract manufacturing organizations (CMO’s): ProBioGen and Rentschler Biotechnologie. One additional repeat purchase was made by MedImmune (USA).

 

The Gyrolab system offers automated, quantitative protein screening for all stages of therapeutic antibody development.

“As a contract manufacturing provider, the Gyrolab system provides us with an extremely efficient method for quantitative analyses of IgG and therapeutic proteins with less hands-on time. The very high accuracy of measurement will greatly enhance our offering to our clients”, says Dr. Volker Sandig, VP Cell & Vector Biology at ProBioGen in Berlin, Germany.

“The purchase of Gyrolab by such key players in the German CMO market as ProBioGen, closely followed by Rentschler Biotechnologie, is an important breakthrough for Gyros. Another success story is the recent repeat purchase by MedImmune, their fourth system, this is a huge vote of confidence that Gyrolab continues to add significant value to the pharmaceutical industry’s workflow compared with traditional technologies. I am personally delighted that we have booked such tangible success after such a relatively short time in this market”, says Lars Eric Utterman, CEO at Gyros.

Key factors for all three companies have been the cost-effective increase in efficiency of protein screening, less hands-on procedures, reduced analyst time, a higher degree of automation, and increased speed of analysis. A unique benefit provided by the system is the ability to analyze very small sample volumes with minimal reagent usage.

The Gyrolab system consists of the Gyrolab Workstation as well as application-specific microlaboratories in a CD format. The Gyros team will also provide hands-on training and specific assay optimization relevant for each customer.

MedImmune, ProBioGen, and Rentschler Biotechnologie are key players in the research and development of therapeutic antibodies.

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For further information, please contact:
Lars Eric Utterman, CEO
Tel: +46 18-566 300
Lars.utterman@gyros.com

Press relations
Linda van Manen, BGA Group
Tel: +31 78 631 97 15
linda.vanmanen@bgagroup.net

     

Notes to editors:
About the Gyrolab system for protein quantification
Gyrolab is a fully automated system for protein quantification. It features a microlaboratory in a compact disc (CD) format where immunoassays are performed at nanoliter scale.

The system consists of Gyrolab Workstation LIF and Gyrolab Bioaffy® CD microlaboratory (facilitating miniaturized and integrated applications). The CD microlaboratories are processed by the Gyrolab Workstation, providing a simple to use, precisely controlled system for processing hundreds of samples in parallel. Scientists are able to use immunoassays with a very broad measurement range to generate more information from less sample, improving both productivity and effectiveness.

More information about the Gyrolab system can be found at www.gyros.com

About Gyros AB
Gyros is the leader in the miniaturization and integration of laboratory applications through its proprietary micro-fluidics platform, Gyrolab CD micro-laboratory.

Gyros delivers simple-to-use, precisely-controlled solutions for processing hundreds of samples in parallel, generating more information from less sample and improving lab productivity and efficiency.

Application-specific microlaboratories use a modular design offering the potential to run different applications on a single instrument and to create customized solutions. The company’s main focus is on providing high-performance, quantitative, screening tools for the development of therapeutic proteins.

Gyros has over 60 employees working at its headquarters and European sales office in Uppsala, Sweden and its sales offices in the USA.

MedImmune, a part of AstraZeneca, is involved in research and development of new pharmaceuticals. The head-office of MedImmune is in Maryland, USA.
www.medimmune.com

ProBioGen is a specialist in mammalian and non-mammalian cell engineering and production. By combining deep molecular understanding of cells with state-of-the-art industry process engineering and production know-how, ProBioGen’s technologies enable biopharmaceutical companies to develop products with superior efficiency, safety and a more favorable cost profile. ProBioGen is based in Berlin, Germany.
www.probiogen.de

Rentschler Biotechnologie in Germany is a contract manufacturing specialist for medical research and development as well as production. Rentschler Biotechnologie is based in Laupheim, not far from Stuttgart.
www.rentschler.de

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Statements in this press release that are not strictly historical may be forward-looking and include risks and uncertainties. Therefore, though based on Gyros’ current expectations, it should be duly noted that a variety of factors could cause actual results and experiences to differ materially from what is herein expressed. Risks and uncertainties include, but are not limited to, risks associated with the management of growth and international operations (including effects of currency fluctuations), variability of operating results, unforeseen changes in the diagnostic and pharmaceutical markets, market competition, rapid or unexpected changes in technologies, fluctuations in product demand, difficulties to successfully develop, adapt, produce or commercialize products, the ability to identify and develop new products and to differentiate products from those of competitors, as well as various legal hazards.
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