Lonza Closes Acquisition of MODA
The same user benefits that MODA technology provides can be applied to clinical trials, in-vitro diagnostics, food, beverage, environmental and industrial process markets worldwide.
20 May 2010 --- Lonza Group Ltd announces that it has completed its acquisition of MODA Technology Partners as of 18 May 2010. The transaction was announced on 12 May 2010.
Through the additional offering of MODA technology, Lonza continues the strategic expansion of its Rapid Testing Solutions, Informatics platform in existing markets, such as the pharmaceutical arena, and allows entry into new market segments. MODA technology provides paperless, quality control solutions for regulated, manufacturing processes. The same user benefits that MODA technology provides can be applied to clinical trials, in-vitro diagnostics, food, beverage, environmental and industrial process markets worldwide.
“In 2007, we identified MODA technology as a result of our own internal needs to seek out automated tools that would help improve productivity and regulatory compliance,” explains Doug Danne, Head of Lonza’s Rapid Testing Solutions business unit. “MODA-EM informatics platform offered intelligent, real-time solutions and user-friendly trending tools that improved our Return on Investment (ROI). Lonza provided a unique resource of being an expert user of the product, and we are excited to explore new applications of MODA’s mobile data acquisition technology, both internally at Lonza as well as for our external customers.”
“We are very excited to be part of the Lonza family,” says Mike Desiderio, MODA CEO. “Our shared vision for a comprehensive analytics platform is now a reality, providing the industry a clear path to enhanced compliance, improved efficiencies and expedited decision making.”
The implementation of MODA’s technology will begin at Lonza’s manufacturing locations globally. Going forward, customer sites will be fully supported through Lonza’s Global Solutions Support team, offering hands-on installation, accelerated validation as well as training services.
