Paramit Corporation

https://www.paramit.com

LinkedIn: https://www.linkedin.com/company/paramit-corporation

Established in 1990, Paramit is headquartered in Silicon Valley in the United States. It has facilities in Morgan Hill (CA) and in Penang, Malaysia. Paramit’s recently acquired R&D facility in Boston (MA) specializes in technology development and the design of complex products and systems for multiple sectors, complementing Tecan’s existing R&D capabilities. Across these different sites, the company employs over 1’000 associates. Since 2011, Paramit Corporation has been privately held by Altaris Capital Partners, LLC, a healthcare-dedicated investment firm based in New York (NY). Paramit has developed and/or manufactured several FDA-approved medical devices, including surgical instruments, critical modules and systems for surgical robotics, point-of-care and personal testing devices, as well as diagnostic systems. Paramit also works with life science companies developing and manufacturing high-precision instrumentation. Its clients are mainly US-based companies commercializing a range of products for genomics, proteomics and cell-analysis including flow cytometers, microfluidic instruments, and systems for electrophoresis, imaging, high-sensitivity biomarker detection, microarrays and sample preparation. Paramit’s patented, computer-directed assembly technology, vPoke®, resolves complex mechanical assembly into tightly controlled assembly steps for medical device and life science instruments. The process generates a rich device history record, providing component traceability, while reducing the potential for errors (“zero-defect manufacturing”). *

	Start	1990-01-01 established
	Group	Tecan (Group)
	Industry	laboratory equipment and instruments
	Industry 2	contract manufacturing (laboratory equipment and instruments)

	Street	18735 Madrone Parkway
	City	95037 Morgan Hill, CA
	Tel	+1-408-782-5600
		Address record changed: 2024-01-05

Basic data	Employees	E: 501 to 1,000 (2021-06-23)
	Currency	USD
	Annual sales	280,000,000 (sales, expected (2021) 2021-12-31)

		* Document for »About Section«: Tecan Group Ltd.. (6/23/21). "Press Release: Tecan Expands Its Commercial Reach, Its Capabilities and Its US and Asia Presence with the Acquisition of Paramit Corporation". Männedorf.

		Record changed: 2023-07-10

Top News

Upcoming Events

Management Appointments

Financings & Acquisitions

Collaborations & Licensing

At Investor Conferences

Associations

Advertise

Paramit Corporation

More documents for Tecan (Group)