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News

Sidec moves to new Swedish facility to support growth plans

Sidec : 07 May, 2008  (Company News)
Sidec has moved to new 800 m2 facility in Kista, Sweden to enable further growth and recruiting of new staff.
During the past 12 months, Sidec has doubled the number of employees by recruiting additional Protein Tomography analysts, sales representatives and expanding its marketing and R and D teams.

The new facility will enable Sidec to continue its market expansion and to recruit further new staff. In the past 12 month Sidec has grown from 20 to 40 employees.

Sidec is the leading provider of three-dimensional (3D) images of individual proteins visualising and interpreting drug-target interaction in situ and in vitro for a rapid localization of antibody binding epitopes and validation of molecular mode of action.

With Sidec's proprietary technology; Protein Tomography, it is possible to study monoclonal antibody/receptor interactions and reveal the molecular impact of the drug molecule on its target.

'This unique and new technology enables you to actually see the individual molecules in situ to define the epitopes and protect your intellectual property with visual evidence, as well as prioritising the most promising projects.' Says Hans Johansson chief executive officer Sidec . 'This new facility combined with a rapidly growing interest from our customers and Euros seven million provided last year by our owners Investor Growth Capital, EarlyBird Ventures and Industrifonden will enable Sidec to expand to its full potential.
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