New Brand Brings Sigma-Aldrich Reliability to Reagents for Everyday Use
BANGALORE, India, April 4, 2013 /PRNewswire/ -- Sigma-Aldrich Corporation (NASDAQ: SIAL), a leading Life Science and High Technology Company, announced today the introduction of its new Vetec™ brand product line in India. The Vetec™ portfolio is aimed at meeting the everyday needs of scientists in India and is comprised of a growing collection of more than 400 reliable-quality laboratory reagents, competitively priced to enable their use in routine research. Vetec™ products are thoroughly tested to ensure they meet Sigma-Aldrich quality control standards for integrity, consistency and reliability and come with Certificates of Analysis, MSDS information and spec sheets. Vetec™ products are in stock and ready to order through the Sigma-Aldrich website www.sigma-aldrich/vetecindia, through local sales representatives or through the authorized Sigma-Aldrich distributor network.
Vetec™, backed by Sigma-Aldrich's industry-leading quality and supply chain excellence, offers customers a strong alternative to the brands that currently serve India's "everyday" research market and includes solvents, buffers, carbohydrates, detergents, inorganic salts and synthetic reagents. The brand is aimed at providing reliable, easy-to-order, readily available products for everyday laboratory use. Supply chain aspects including quality testing, packaging and distribution of Vetec™ products are handled at the recently commissioned Sigma-Aldrich facilities in Bangalore and Mumbai in India, and Wuxi in China.
"Sigma-Aldrich has been conducting business in India for more than 20 years. Our success will continue to be based upon our capabilities and the ability to customize our offer to meet the demands of the local market," said Jason Apter, Vice President and Managing Director, Asia Pacific. "In October 2012, the Vetec brand was introduced in China. Its launch in India, and subsequently into other countries in the Asia Pacific region supports our Company's strategy of 'international localization.'"
Other recent Sigma-Aldrich Asia Pacific initiatives include the substantial expansion of Global Shared Service (GSS) in Bangalore, India, and the introduction of a 20-acre campus in Wuxi, China, which is now fully operational. The Company also completed a new precursor manufacturing facility in Taiwan to support its SAFC Hitech business.
Cautionary Statement: The foregoing release contains forward-looking statements that can be identified by terminology such as "will continue to" or similar expressions, or by expressed or implied discussions regarding potential future revenues from products derived there from. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that this or any other product offering will assist the Company to achieve any particular levels of revenue in the future. In particular, management's expectations regarding this product offering could be affected by, among other things, the Company's ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry and general public pricing pressures; the impact that the foregoing factors could have on the values attributed to the Company's assets and liabilities as recorded in its consolidated balance sheet, and other risks and factors referred to in Sigma-Aldrich's current Form 10-K on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Sigma-Aldrich is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science and High Technology company whose biochemical, organic chemical products, kits and services are used in scientific research, including genomic and proteomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical, diagnostics and high technology manufacturing. Sigma-Aldrich customers include more than 1.3 million scientists and technologists in life science companies, university and government institutions, hospitals and industry. The Company operates in 38 countries and has nearly 9,000 employees whose objective is to provide excellent service worldwide. Sigma-Aldrich is committed to accelerating customer success through innovation and leadership in Life Science and High Technology. For more information about Sigma-Aldrich, please visit its website at www.sigma-aldrich.com.
Sigma-Aldrich is a registered trademark of Sigma-Aldrich Co. LLC. Vetec is a trademark of Sigma-Aldrich International GmbH.