The Merck Millipore division has a broad product and technology portfolio and offers innovative solutions for the life science industry. Life science comprises the research branches of natural and engineering sciences concerned with the structure and behavior of living organisms. The division’s products and services are used in the research, development and manufacture of biotechnological and pharmaceutical drug therapies, as well as both in research and application laboratories. The division was established in 2010 following the acquisition of the Millipore Corporation. It is a leading supplier of life science tools.
In the second quarter of 2014, Merck Millipore contributed 23% to Group sales and 19% to EBITDA pre (excluding Corporate and Other). The majority of sales are generated by consumables. This enables the division to achieve recurring sales and stable, attractive cash flows. A highly diversified and loyal customer base additionally ensures a low risk profile. At the same time, Merck Millipore benefits from its broad portfolio and its global reach. Merck Millipore comprises three business areas: Bioscience, Lab Solutions and Process Solutions, as well as multiple specialized business fields.
The main product groups of the Bioscience business area include tools and consumables for filtration and sample preparation, reagents and kits for cell biology experiments, as well as small tools and consumables for cell analysis. With these products, Merck Millipore supports its customers in understanding complex biological systems and identifying new target molecules. The Bioscience business area contributed 15% to divisional sales in the second quarter of 2014. Merck Millipore offers complete and validated applications to make research processes faster and more efficient. The Bioscience business area is highly innovative with new products such as the Amnis ISX imaging flow cytometer and the Direct Detect™ biomolecular quantification system.
The Lab Solutions business area manufactures products for research as well as analytical and clinical laboratories in a wide variety of industries. The business area accounted for 41% of divisional sales in the second quarter of 2014. It is one of the leading suppliers of laboratory water equipment, laboratory chemicals and consumables. In addition, Lab Solutions develops and markets test solutions to identify microbial contamination, for example in pharmaceutical products, food or drinking water. For inorganic chemistry, Lab Solutions supplies ultrapure reagents, including salts, acids, caustic alkalis, and buffering agents. It also manufactures reference materials for instrumental analysis and products for inorganic trace analysis.
The Process Solutions business area offers a diversity of products to pharmaceutical and biotechnology companies that enable customers to develop large- and small-molecule drugs safely, effectively and cost-efficiently. Accounting for 44% of Merck Millipore sales in the second quarter of 2014, Process Solutions offers its customers continuous innovations, highest quality standards as well as high reliability of supply.
In addition, the business area’s portfolio comprises more than 400 chemicals for the synthesis of active pharmaceutical ingredients as well as drug delivery compounds. The offering in biotech production comprises products supporting cell growth and gene expression, a wide range of filtration systems, as well as salts and sugars. The single-use solutions offered by the Process Solutions business area provide increased operational flexibility to biopharmaceutical customers since they eliminate time- and cost-intensive cleaning procedures. Moreover, these single-use solutions are compatible with various products, reducing investment costs for the customer.
On May 15, 2014, Udit Batra, who formerly headed the Consumer Health division, took over the leadership of Merck Millipore, succeeding Robert Yates as President and Chief Executive Officer.
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