Pion Inc. Acquires the Service Business of Vortex Sales Group
Pion strengthens its brand in the pharmaceutical industry by increasing its range of service offerings and support personnel across the USA
Billerica, MA, USA—April 6, 2016—Pion Inc. announced today the acquisition of the services division of Vortex Sales Group on February 2, 2016. Financial terms of the deal have not been disclosed. With the acquisition of these service contracts and service and support team members, Pion Inc. is broadening its offerings into the pharmaceutical laboratory with new instrumentation services geared toward the Analytical R&D and Quality Control laboratories.
The highly experienced field service team, including 5 senior service engineers and a service coordinator, specialize in GxP compliance requirements of the pharmaceutical lab. Pion will now offer services such as preventative maintenance, qualifications, and repair contracts on all brands of dissolution systems, HPLC, GC, and UV-Vis spectrophotometers.
In conjunction with this acquisition, Scott Stephenson has been promoted to Vice President of Global Compliance and Support, overseeing product development, lab services, and the newly acquired field service team.
"We expect this acquisition to help Pion position our instrumentation and CRO services to the broader domestic pharmaceutical industry. Leveraging Pion"s business structure, the scientific and validation expertise Pion currently has in house, and the talents of the employees involved in the acquisition, we expect to grow the field service portion of our business significantly, adding to the team as opportunities allow." — Mike Kelly, President, Pion Inc.
About Pion Inc.
Pion Inc. develops and manufactures instrumentation for compound testing in pharmaceutical R&D. These include high-precision fiber optic-based analytical instruments for solubility and dissolution measurements, as well as complete systems for permeability (PAMPA), solubility, and ionization. Additionally, Pion provides CRO services for solubility, permeability, dissolution, pKa, and lipophilicity testing. More information is available at www.pion-inc.com .
About Vortex Sales Group
The Vortex Sales Group is the exclusive US and Canadian distributor of Pharma Test dissolution and USP physical testing instruments for tablets, capsules and powders, Pharmag formulation and pilot plant equipment, Two Square Science Cetus Fully Automated Dissolution system, and dissolution accessories from www.dissolutionaccessories.com . In 2014, Vortex became an ISO 9001:2008 certified company. Learn about all their products at www.vortexsg.com or contact at email@example.com .
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