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American Laboratory Products Company Merges with Czech Diagnostics Firm GeneProof.

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Vincent

MANews-(C)2009-2022

US-based specialty in vitro diagnostics company American Laboratory Products Company, Ltd is merging with Czech Republic-based molecular diagnostics firm GeneProof a.s., the company said.

American Laboratory Products said the combination creates a global market leader in the diagnostic products market, with broad capabilities spanning novel immunoassay testing kits, real-time PCR testing products, and automated laboratory instrumentation solutions.

GeneProof was founded over 15 years ago by Drs. Radek Horvath and Milos Dendis and is an established market leader in the molecular diagnostics field.

Both Founders will remain with the merged company and continue as significant shareholders. GeneProof is the largest producer of PCR reagents in the Czech Republic and distributes its portfolio of more than 70 CE-marked molecular diagnostic tests and instruments throughout Europe, Africa, the Middle East, and South America.

Products are primarily focused on the infectious and genetic diseases.

With a strong emphasis on quality, GeneProof offers technologically advanced real-time PCR kits and user-friendly automated instrument platforms for both nucleic acid extraction and sample-to-answer testing that meet the diverse throughput needs of laboratories.

The combined company is majority owned by Ampersand Capital Partners, which first invested in ALPCO in 2020.

American Laboratory Products Company (ALPCO) was founded in 1991 as an...

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