Based in Cleveland, Ohio, Federal Equipment Company specialises in industrial equipment sales, liquidation and investment recovery programs. The firm buys and sells equipment used across a wide range of sectors – including equipment used in the chemical, pharmaceutical, packaging, food, rubber and plastics industries – and stocks equipment across 275 distinct categories. Federal Equipment Company is selling quality laboratory equipment and pilot plant assets from PharmTak. The sale is held in conjunction with Heritage Global Partners.
PharmTak is a speciality pharmaceutical developer and manufacturer based in San Jose, California. The firm uses topical, transdermal, solid implant and controlled release technologies in their development of novel pharmaceuticals and cosmeceuticals. PharmTak also provides contract formulation development for biotech and pharmaceutical clients, including pre-formulation studies through to commercialization.
The online auction is scheduled to take place on the 7th and 8th of July. Laboratory equipment featured in the sale includes: Shimadzu spectrophotometer, Agilent 1100 HPLC system, Millipore purification systems, Vankel-Varian dissolution systems and more. The pilot plant assets available in the auction include: Chongqing DPL-1 fluid bed processor, Driacoater 500 tablet coater, Xiaolun BGB-5F tablet coater, Riva Piccola 8 tablet press, Glatt GPCG 3 fluid bed dryer, Capsuleworld Profill 100 capsule filler, Stokes 900-512 tablet press, George Nutting AV-100 tablet deduster, Yenchen YC-SMG-10J high shear, Patterson Kelley twin shell blender, Manest M1230SC oscillating mill, 2 Cu Ft Ross twin shell blender, Reetsch SR300 mill, Accutek tube filler, Quadro 197 comil and more. The assets may be inspected by appointment only.