20:54:04 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Hamilton Thorne Ltd
Symbol HTL
Shares Issued 59,596,126
Close 2015-04-02 C$ 0.42
Market Cap C$ 25,030,373
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Hamilton Thorne releases Oosight device

2015-04-06 16:28 ET - News Release

Mr. David Wolf reports

HAMILTON THORNE ANNOUNCES AVAILABILITY OF OOSIGHT PRODUCT LINE

Hamilton Thorne Ltd. now offers the Oosight product line, which it has acquired from Cambridge Research & Instrumentation Inc. (CRi).

"The Oosight system is a unique instrument that is complementary to our laser products in both fertility and developmental biology research labs," remarked David Wolf, president and chief executive officer of Hamilton Thorne. "As a long-term distributor of the Oosight system, we have already completed the technical integration of the Oosight with our laser products. We believe that by leveraging our established, worldwide sales channels and investing in product marketing, we can generate incremental sales of the Oosight product."

The Oosight system provides high-contrast live images of unfertilized eggs (oocytes), capturing quantitative data of important structures using a patented non-invasive, polarized-light technique developed by the Marine Biological Laboratory and commercialized by CRi as LC-PolScope technology. The Oosight system's visualization capabilities have enabled breakthroughs in assisted reproductive technology, stem cell generation and developmental biology research.

Additional information on the Oosight product and its multiple applications can be found on the company's website.

Financial terms of the transaction were not disclosed.

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