October 02, 2014 6:27 AM ET

Life Sciences Tools and Services

Company Overview of ProteinSimple

Company Overview

ProteinSimple, a life sciences instrumentation company, develops and commercializes proprietary systems and consumables for protein analysis. It offers Simple Western systems that automates the assay workflow and transforms the Western into an analytical tool, enabling researchers to determine quantitatively how much of a specific protein exists in a given sample. The company also provides Biologics tools comprising iCE platform, which allows researchers to interrogate the identity and purity of biologics; and micro-flow imaging (MFI) system that allows researchers to image and measure particles and protein aggregates in biologics. In addition, it offers consumables, such as Simple Western m...

3040 Oakmead Village Drive

Santa Clara, CA 95051

United States

Founded in 2000

203 Employees

Phone:

408-510-5500

Fax:

408-510-5599

Key Executives for ProteinSimple

Chief Financial Officer
Age: 39
Vice President of Corporate Development
Age: 46
Vice President of Product Development
Age: 46
Director of Product Management
Vice President of Sales
Age: 44
Compensation as of Fiscal Year 2014.

ProteinSimple Key Developments

ProteinSimple Expands Simple Western Product Platform

ProteinSimple announced that it has expanded the Simple Western product platform by launching a kit for the analysis of large proteins using Wes, Sally Sue and Peggy Sue. Now, Simple Western users can analyze proteins as large as 440 kDa while realizing all the benefits of the Simple Western, a fully automated, highly reproducible, truly quantitative assay. The Simple Western eliminates a time-consuming bottleneck in protein research -- the Western blot. Traditional Westerns have real limitations. They require many manual steps, can take up to 24 hours to complete, and the results can be variable. The Simple Western eliminates the hassles of Western blot protocols - no messy gels, no transfer tanks, no blots, no imaging and no manual analysis. Simply load samples, push a button, walk away and come back to fully analyzed, highly consistent data. Until now, the Simple Western could analyze proteins up to 230 kDa in size. Now, with the introduction of the 66-440 kDa Master Kit, the Simple Western can quantify proteins as large as 440 kDa, giving researchers broader protein analysis capabilities with this platform.

ProteinSimple Seeks Acquisitions

ProteinSimple said it has no current specific plan for the use of the net proceeds of its initial public offering, although it anticipates that it may use such net proceeds for working capital, capital expenditures and other general corporate purposes, which may include the acquisition of other products, businesses or technologies, although we currently have no commitments or agreements relating to any of these types of transactions.

ProteinSimple Announces Appointment Of Board of Directors

ProteinSimple announced the appointments of two independent members of the company's Board of Directors, Mr. Chris van Ingen and Dr. Joe Keegan. Most recently, Keegan served as the CEO of ForteBio where he transformed the company from a startup in 2007 to a fast growing leader in label-free protein analysis. Dr. Keegan currently serves on the Board of Directors of ALDA as Immediate Past Chairman, Advanced Cell Diagnostics, Labcyte Corporation as Chairman, Response Biomedical Corp, Seahorse Bioscience Inc., Stereotaxis Inc. and the San Francisco Opera. Most recently, Chris van Ingen served as President of Agilent Technologies' Bio-Analytical Measurement business, he oversaw the growth of that business from $1 billion to over $2 billion in annual revenues in less than six years.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 17, 2014
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