Recent News

Posted by unknown on November 27th, 2019 in Corporate Announcements  ⟩  0 comments

PRESS RELEASE

Medix Biochemica has completed the acquisition of Lee Biosolutions, a leading provider of a large variety of high-quality biomaterials for the in vitro diagnostics industry. The news about the acquisition was originally announced on 18 November 2019. The acquisition expands Medix Biochemica’s leading portfolio of bioreagents as well as provides Medix Biochemica with a strong platform for further growth in the US market. Following the transaction, Lee Biosolutions forms a Center of Excellence focused on biomaterials for the IVD industry within Medix Biochemica’s group structure. President and COO of Lee Biosolutions, Matthew Lee, heads its operations and reports to the CEO of Medix Biochemica. CEO and Chairman of the Board of Lee Biosolutions, Burton Lee, will continue as Senior Advisor over a transition period and has become a shareholder in Medix Biochemica as part of the transaction.


For more information:

Ann-Christine Sundell, Chairman of the Board of Medix Biochemica
Mobile: +358 40 536 7703
Email: ac.sundell@parnet.fi


Read more about Medix Biochemica and Lee Biosolutions:

www.medixbiochemica.com
www.leebio.com

Posted by unknown on November 17th, 2019 in Corporate Announcements  ⟩  0 comments

PRESS RELEASE

Medix Biochemica expands to biomaterials for IVD industry through acquisition of Lee Biosolutions

  • Medix Biochemica has signed a definitive agreement to acquire 100 per cent of the shares in Lee Biosolutions, a leading provider of a large variety of high-quality biomaterials for the in vitro diagnostics industry
  • The acquisition expands Medix Biochemica’s leading portfolio of bioreagents as well as provides Medix Biochemica with a strong platform for further growth in the US market
  • Burton Lee, the CEO and Chairman of Lee Biosolutions, will step down from daily operations and become a Senior Advisor and shareholder in Medix Biochemica
  • President and COO Matthew Lee of Lee Biosolutions will continue to head the operations of Lee Biosolutions
  • As a result of the transaction, the complementary product portfolios of Medix Biochemica and Lee Biosolutions will be available from a comprehensive global sales network

Medix Biochemica has signed a definitive agreement to acquire 100 percent of the shares of Lee Biosolutions to broaden its portfolio of critical raw materials for the in vitro diagnostics (“IVD”) industry and strengthen its local presence in the US market. Following the transaction, Lee Biosolutions will become a Center of Excellence focused on biomaterials for the IVD industry within Medix Biochemica’s group structure. President and COO of Lee Biosolutions, Matthew Lee, will head its operations and report to the CEO of Medix Biochemica. CEO and Chairman of the Board of Lee Biosolutions, Burton Lee, will continue as Senior Advisor over a transition period and become a shareholder in Medix Biochemica as part of the transaction.

Founded in 1975, Lee Biosolutions is a manufacturer of high-quality proteins, enzymes, antigens and biologicals used for quality controls and calibrators in the IVD industry. The company is known for its outstanding capabilities in protein purification and operational excellence in raw materials sourcing. Lee Biosolutions’ customers include most of the largest global in vitro diagnostics manufacturers as well as a number of pharmaceutical and medical device companies, research institutions and forensic laboratories. The company is headquartered in St. Louis, Missouri.

“We are excited about the partnership with Lee Biosolutions, which has gained a premium reputation as a provider of high-quality biomaterials for the IVD industry and achieved strong financial results. The complementary product offerings and regional presences of Lee Biosolutions and Medix Biochemica will enable us to serve our global customer base even better in the future”, says Ann-Christine Sundell, Chairman of the Board of Medix Biochemica.

“Lee Biosolutions has, under the leadership and ownership of Burton Lee, built an impressive product portfolio, strong customer base as well as committed and knowledgeable organization over the past decades. This partnership is a great first step in our pursuit to become the #1 choice for the IVD industry in critical raw materials“, says Teemu Alahuhta, Vice Chairman of the Board of Medix Biochemica and partner of DevCo Partners.

“I am very excited about the acquisition and working with an incredible group of Medix Biochemica and DevCo Partners. Together we have all the capabilities to become a juggernaut in the IVD raw materials industry”, says Burton Lee, CEO and Chairman of Lee Biosolutions.


About Medix Biochemica

Medix Biochemica is a leading Finnish biotechnology company focusing on high quality diagnostic raw materials and rapid tests for global diagnostic markets.We develop, produce and market antibodies, antigens and antibody services for the in vitro diagnostics (IVD) industry and serve the largest multinational IVD companies. Our MedixMAB™ antibodies are in use in billions of diagnostic tests all around the world to ensure accurate diagnostic results. Medix Biochemica’s products are used in over60countries with 90% of our sales coming from global markets. The company is headquartered in Espoo, Finland with local offices in the USA and China.


For more information:

Ann-Christine Sundell, Chairman of the Board of Medix Biochemica
Mobile: +358 40 536 7703
Email: ac.sundell@parnet.fi 

Posted by Burton on July 15th, 2016 in Uncategorized  ⟩  0 comments

We are the largest manufacturer of Native Human and Bovine  HDL  - High Density Lipoprotein,  LDL - Low Density LipoproteinCholesterol and  Triglyceride in the world. We produce   Human Delipidized Serum to order. We ship internationally to all diagnostic companies, medical research institutions and universities. Place your order online or email your request.

Posted by Burton on July 7th, 2016 in Headlines Corporate Announcements  ⟩  0 comments

Lee Biosolutions is proud to announce the acquisition of the product lines of Creative Laboratory Products (CLP). a bulk manufacturer of lipoproteins and triglycerides for research and IVD manufacturing. The CLP team, with decades of lipoprotein manufacturing experience, will be joining the Lee Bio team at our St. Louis, MO-based manufacturing facility to build upon our extensive portfolio of proteins, enzymes and biochemicals for the life science and diagnostic manufacturing markets.
The lipid panel (cholesterol, triglycerides) is among the most widely-tested analyte grouping in the world today and is invaluable in detection and diagnosis of heart disease and other cardiovascular conditions. This aligns with Lee Bio’s goal to provide high quality reagents to the In vitro diagnostic market, to allow for better, more accurate testing around the globe. Applications of our lipoprotein product lines include, but are not limited to:
  • Manufacturing of liquid and lyophilized-stable controls, calibrators and standards
  • Additives for quality control serum and plasma
  • Cell culture media

Lee Biosolutions is a global biotechnology leader specializing in custom and bulk manufacturing and preparation of high quality finished enzymes, related proteins and biologicals used in clinical diagnostic tests for pathologies such as cardiac disease, cancer, diabetes, urine analysis, obesity, inflammation, neurological, autoimmune diseases, immunological disorders and more The company is known internationally for developing some of the most successful formulations for research, diagnostic and therapeutic markets. Lee Biosolutions is certified to ISO 13485:2003 and ISO 9001:2008 standards.


You can learn more about the company, its products, services and career opportunities by visiting its website at http://www.leebio.com

Below you’ll find a basic listing of our most popular “off the shelf” products, but we are able to customize our manufacturing to suit any demand you may have.
LipoproteinsSourcePart NumberTotal Cholesterol
Low Density Lipoprotein (LDL)
Concentrate, 0.45 μm filteredHuman Plasma360-10> 4,000 mg/dL
Concentrate, 0.22 μm filteredHuman Plasma360-12> 3,000 mg/dL
High Density Lipoprotein (HDL)
Concentrate, 0.45 μm filteredHuman Plasma361-10> 1,500 mg/dL
Concentrate, 0.22 μm filteredHuman Plasma361-123,000 - 4,000 mg/dL
Cholesterol Concentrate
Concentrate, 0.22 μm filtered, primarily HDL - "BCC"Bovine Serum185-103,000 - 7,000 mg/dL
Concentrate, 0.22 μm filtered, LDL/HDL blend - "BCCL"Bovine Serum185-20> 3,000 mg/dL
TriglyceridesSourcePart NumberTotal Triglyceride
Fraction, 0.45 μm filtered - "HTF"Human Plasma361-56> 12,000 mg/dL
Fraction - "ATF"Chicken Egg Yolk571-11> 15,000 mg/dL
Posted by Burton on April 13th, 2016 in Featured Community Partner Profiles  ⟩  0 comments

Lee Biosolutions will sponsor breakfast for Volunteer Service Day in Maryland Heights to over 100 Volunteers.

The City is hosting its third Service Day on Saturday, April 16 from 8:30 a.m. to noon to assist elderly and disabled residents with leaf clean-up and related yard work. No special skills are necessary and all willing volunteers are encouraged to sign-up. Boy and Girl Scout groups, civic organizations, businesses, church groups and students looking to fulfill volunteer hours are encouraged to get involved. Registration closes on Friday, April 8.

Volunteers will meet at the Community Center at 8:30 a.m for sign-in, breakfast and orientation. All work will be wrapped up by noon.  To register for the event, you can go to Volunteer Service Day

We are very proud to be part of the Maryland Heights Community and look forward to future volunteer events to sponsor.