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antibodies-online Secures Follow-up Financing


News provided by

antibodies-online GmbH

21 Oct, 2016, 12:41 GMT

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AACHEN, Germany and BETHESDA, Maryland, October 21, 2016 /PRNewswire/ --

antibodies-online GmbH, a leading digital marketing and e-commerce platform for the distribution of life sciences research products, today announced that it has completed a growth capital financing from U.S.-based BroadOak Capital Partners, a life sciences focused merchant bank. Proceeds from the financing will primarily be used to accelerate the business' recent expansion into the genomics market, support continued growth of the company's digital marketing platform, PubGrade, as well as strengthen antibodies-online's sales and marketing capabilities.

"antibodies-online has built a reputation as a leader in the online distribution of antibody, ELISA, and protein products and has established one of the most robust product portfolios available," said Bill Snider, Managing Partner, BroadOak Capital Partners. "This investment reflects our view that antibodies-online has the potential to become a preferred site for scientists.  Their ability to offer alternatives for common products and access to others that are hard-to-find is unparalleled."

"At the mark of our company's 10th anniversary we are proud to announce yet the next milestone on the journey to introduce the outstanding benefits of e-commerce into the life sciences", said antibodies-online Managing Director, Andreas Kessell, PhD. "BroadOak's involvement not only provides funds to assure higher levels of customer service and marketing efforts, but will also contribute an exceptional level of expertise of and network within our industry."

Built upon the industry's fastest and most innovative web-search for proteomics reagents, antibodies-online empowers researchers to choose from over 1.5 million products from 170+ top-quality manufacturers all under one roof. With the launch of genomics-online.com, the team at antibodies-online.com set out to expand its successful business model to world of genomics and transcriptomics research. For more information on antibodies-online, please visit https://www.antibodies-online.com or https://www.genomics-online.com

Media Contacts

Patrik von Glasow
PR Manager, antibodies-online GmbH
Email: patrik.vonglasow@antibodies-online.com
Phone: +49 (0)241-95163-153

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