Brooks Automation, BioCision Report Equity Investment & Strategic Collaboration

(RTTNews) - Brooks Automation, Inc. (BRKS), a provider of automated sample storage systems for compound management and biorepositories, and BioCision, LLC, a leader in advanced technology to improve biomaterial sample handling and standardization, have established a relationship to support the development of technologies to improve temperature control and standardization in the use of biomaterials across multiple industries, including pre-clinical and clinical research and product development. Pursuant to the agreement, Brooks Automation has made a $4 million equity investment in BioCision.

The new collaboration would leverage BioCision's proven expertise in the development of unique mobile temperature management products and technologies together with Brooks Automation's advanced research and production capabilities in automated systems for sample storage.