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Pharma Tech Outlook | Monday, April 13, 2020
The Horizon instrument performs high throughput subvisible particle (SVP) analysis using volumes as low as 25 µL, ensuring samples can be saved for other examinations or replicates. It has a 96-well membrane plate that enables several parameters to be tested in a short amount of time without dilution or sample preparation
Fremont, CA: Halo Labs, a Burlingame, CA-based life science instrumentation company developing tools for biologics researchers, raised $12M in Series B1 round of financing led by Research Corporation Technologies (RCT). Additional supporters included BroadOak Capital Partners, BioAdvance, top-level industry executive Paul McEwan, and other current employees. The capital raised from the aforementioned financing round will be used for the expansion of its international sales presence and the continued development of the next-generation product portfolio. Also, Halo Labs is looking at acquiring complementary technologies and enterprises to foster into the analytical particle space.
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[vendor_logo_first]The Horizon instrument performs high throughput subvisible particle (SVP) analysis using volumes as low as 25 µL, ensuring samples can be saved for other examinations or replicates. It has a 96-well membrane plate that enables several parameters to be examined in a short time span without dilution or sample preparation.
"Horizon is crucial at every stage of biologic drug formulation," said Chad Souvignier, Vice President of RCT. "In early stages, it can reveal SVP formation missed by other techniques such as light obscuration and flow imaging. In later stages, it can differentiate proteins from extrinsic particles such as glass and plastic. And given the experience of the Halo Labs management team in product development and Sales, we are eager to find other technologies that we can help bring to market."
"The success of Horizon, especially in the Gene Therapy field, provides confirmation that next-generation product development is critical. There is so much more this technology can provide in a variety of markets," said Robert Wicke, CEO of Halo Labs. "One of our latest customers, the US FDA, will be using the product to help understand the risks for patients on drug product manufacturing. This is a further indication that Horizon is the product of choice for particle analysis in the subvisible range."
Halo Labs assists customers from the drug discovery phase through formulations and bioprocessing, empowering researchers to learn more about the stability and quality of their biological drugs faster and with more accuracy.
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