Azenta and Government of Luxembourg sign MoU

Azenta and the Government of Luxembourg announced the signing of a Memorandum of Understanding, or MoU, to facilitate continued healthcare technology development in Luxembourg. The Minister of the Economy of Luxembourg, Franz Fayot, and the President and CEO of Azenta, Steve Schwartz, signed the MoU at Azenta’s Massachusetts-based global headquarters. Azenta, Inc. had recently acquired B Medical Systems, a leading global vaccine, and medical cold chain provider, based in Luxembourg. Confirming Azenta’s desire to preserve the production activities of its subsidiary in Luxembourg, B Medical Systems, and to continue the projects undertaken by the subsidiary until then, the memorandum of understanding confirms the intention of the Ministry of the Economy to continue to support the development of the company in Luxembourg. The acquisition by Azenta should also give B Medical Systems access to new markets, thanks to the group’s extensive network of customers in countries where B Medical Systems has not previously had a significant presence.