Industrial Auction News 395

12th March 2020 – Auction of Biopharma Processing and Laboratory Equipment

Liquidity Services marketplace GoIndustry-Dovebid has expertise in online auction of industrial assets, connecting buyers and sellers of surplus assets across a range of sectors. Go-Dove is selling a huge selection of biopharma processing, laboratory and machine shop equipment formerly of Cody Laboratories. The sale takes place in collaboration with Perry Videx and Tiger Group.

Founded in 2000, Cody Laboratories manufactured medications including pain-killing opioids and thyroid medication. Cody Laboratories announced the closure of their facility in Cody, Wyoming in summer 2019. Philadelphia-based Lannett, the company which owns Cody Laboratories, stalled their planned expansion of the company in 2018 and put it up for sale. The decision was taken to decommission the plant after a buyer could not be found.

The auction closes on the 12th of March. The available assets, located in Cody, Wyoming and Hainesport, New Jersey include: Gas chromatographs; UPLC systems; HPLC systems; metal analysers; titration systems; Uv-Vis spectrophotometers; autoinjector; automatic polarimeter; glasswasher; ultrasonic flow meter; biological safety fume hoods; Source Bioscience environmental chambers; lab oven; moisture analyser; FTIR spectrophotometers; laboratory balances; 200L Delta Hastelloy conical mixer/dryer; ultrasonic cleaners; glass reactors; stirring hotplates; stainless steel portable pressure vessels; stainless steel reactors; refrigerators and freezers; vacuum pumps; fluid pumps; bench grinder; horizontal mill; lab accessories, glassware and consumables.

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