Protein Metrics Inc. Announces Fifth Year of Record Growth

Monday, January 7, 2019 General News
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Launch of Byos® Platform Cements Company as Leader of Biologics Characterization Software

CUPERTINO, Calif., Jan. 7, 2019 /PRNewswire-PRWeb/ -- Protein Metrics Inc., a premier provider of mass spectrometry software

for protein characterization, announced today a fifth consecutive year of record revenue and bookings across all customer segments in 2018. Bookings from biopharmaceutical customers grew in double digits with significant expansion coming from Europe and Asia Pacific.

During 2018, the company launched its Byos® platform and added a strong scientific support presence to the existing sales teams in China and Europe, all of which strongly contributed to record growth. Protein Metrics also received a highly coveted Request for Quote award from the FDA to investigate LC-MS Multi-Attribute Method studies using Byos.

"Our company provides tools that allow our customers to pull milestones forward, shortening development of advanced protein therapeutics such as biosimilars, antibody drug conjugates, bispecifics, and recombinant vaccines," says Eric Carlson, Ph.D., CEO and President. "Using our modern software, organizations are able to define the design space of their molecule early and with confidence, and they are leveraging this knowledge to rapidly guide an overall control strategy as they move toward production, saving time and money."

Protein Metrics will continue launching products in 2019 that shape laboratory-wide workflows and reporting and solve real-world problems defined by customers. Existing customers will also continue to receive quarterly updates and new capabilities.

Protein Metrics moved its corporate headquarters to Cupertino, CA, in September to accommodate growth and expand its recruiting opportunities.

About Protein Metrics Protein analysis should never be limited by software. With a clear focus on protein characterization, Protein Metrics' vendor-neutral software allows scientists to use data generated on analytical instruments like mass spectrometers to quickly identify and report protein sequences as well as any variations from the expected form. We innovate so that biopharmaceutical companies and university research labs can achieve confident results from their analysis and reporting. With our customers, we are boldly advancing protein characterization. Protein Metrics is headquartered in Cupertino, CA at the crossroads of computing and biotechnology in the San Francisco Bay Area. For more information, visit http://www.proteinmetrics.com.

 

SOURCE Protein Metrics



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