Scientific Device Laboratory manufactures custom printed diagnostic slides, among other microbiology and anatomic pathology consumables and kits. [Photo: Business Wire]
StatLab Medical Products, a McKinney-based developer and manufacturer of medical diagnostic supplies and equipment, is a Chicago-based manufacturer of printed diagnostic slides and a variety of consumables and kits for the anatomic pathology and microbiology markets. Acquired Scientific Device Laboratory.
StatLab said the acquisition of Scientific Device Laboratory (SDL) will expand the customer reach of both companies and provide the broader StatLab organization with a new research and development hub in the United States. Terms of the deal were not disclosed.
“The acquisition of SDL provides an exciting opportunity to expand our presence in the microbiology market and extend the reach of StatLab products to new customer segments and geographies through SDL's current channels,” said StatLab CEO, Sung-Dae Hon said in a statement. “Together with SDL’s founder, Dr. [Stewart] Lipton, our team looks forward to accelerating product development and innovation while continuing to serve existing customers by expanding SDL's operations through the commercial and manufacturing resources that StatLab can provide. . ”
Mr. Lipton founded SDL more than 40 years ago after recognizing the need for customized clinical diagnostic products as a laboratory director at a major Chicago hospital. He manufactures customized products for OEMs, hospitals, and university laboratories, with a focus on sample preparation products such as printed diagnostic slides, control slides, and mycobacterial test kits.
StatLab Executive Chairman Joe Bernardo called SDL a “unique acquisition” for his company.
“Combined with our new glass slide manufacturing site in Germany, having a presence on both continents for glass manufacturing and R&D will enable us to better serve our existing customers at both StatLab and SDL.” Bernardo added in a statement. “This demonstrates the strength of our strategic differentiation through diverse manufacturing capabilities.”
“Tradition of solving customer problems”
Lipton said the integration builds on his company's heritage.
“This decision to join forces with StatLab will be transformative for our business,” said Lipton. “By expanding and optimizing the manufacturing of our core products and allowing us to focus on additional research to create new and innovative products, this transaction builds on SDL's tradition of solving customer problems. It will be built.”
The company said Lipton will continue in a leadership role at SDL's manufacturing site in the near term, and as StatLab continues to grow, he will focus on research, development and innovation as the combined company further expands its operations. He said he would move the
StatLab launched a new manufacturing facility in Arlington last year after acquiring two UK-based histology consumables and diagnostic equipment companies in 2021 and 2022.
The injection molding operations at the new 35,000-square-foot Arlington facility will give the lab confidence in additional U.S.-made core histology consumables, including cassettes, the company said.
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StatLab Medical Products, a McKinney-based medical diagnostic supplies development and manufacturing company, will move to Arlington after acquiring two UK-based histology consumables and diagnostic equipment companies in 2021 and 2022. We are launching a new manufacturing facility. The new 35,000-square-meter injection molding operation The company said the Ft. Arlington facility will allow the laboratory to rely on additional U.S.-made nuclear histology consumables, including cassettes. The company also announced that a lease has been signed and construction of a 33,000 square foot building at the StatLab Wales campus, which houses CellPath operations, will support additional manufacturing capacity and provide expanded space for CellNass sample archive services. He said it is in progress.
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