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Tiger Group to Conduct Auction of Zyomyx Assets

Date: Oct 23, 2014 @ 07:21 AM
Filed Under: Industry News

By order of the assignee for the benefit of creditors, Tiger Group’s Remarketing Services Division, in cooperation with EquipNet, will conduct an online sale of state-of-the-art spectrometry and other analytical, laboratory, office, and computer equipment from the laboratory and manufacturing facility of Zyomyx Inc., a manufacturer and marketer of infectious-disease diagnostic products which discontinued its operations in the third quarter of 2014.

“This auction represents a unique opportunity for any labs, bioprocessing, testing and pharmaceutical  facilities, and many other industries to acquire used equipment in great condition and at reasonable prices,”  said Jeff Tanenbaum, president of Tiger Remarketing Services.

Key assets featured in the online auction include a PHI Quantum 2000 X-ray photoelectron spectrometer, a Biacore 3000 SPR analyzer, as well as microscopes, cytometry and other lab equipment, including microplate readers, centrifuges, biological safety cabinets and fume hoods. The assets also include office furniture, computers and equipment, including an Avaya phone system.

Zyomyx, Inc. was a privately held diagnostics company that developed, manufactured and marketed point-of-care diagnostic products.

Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively.

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