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Liquidity Services Announces Upcoming Sales for Biopharmaceutical Assets on its Global Marketplace, GoIndustry DoveBid

GlobeNewswire Tuesday, 22 May 2018
Assets from leading healthcare and medical equipment manufacturers available in North America, United Kingdom, Sweden, and France

BETHESDA, Md., May 22, 2018 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, is pleased to highlight its upcoming sales of biopharmaceutical assets. Information about the sales can be found on GoIndustry DoveBid (www.go-dove.com), a Liquidity Services marketplace where more than $450 million of biopharmaceutical assets from small, medium-size and Fortune 1000 companies have been sold to a global audience of registered industry buyers.Sellers can expect their assets to gain greater visibility through Liquidity Services’ massive marketplace, use of digital advertising, search engine marketing, geographic marketing and other industry-leading marketing technologies. Additionally, www.go-dove.com provides asset information, including photos, videos and due diligence information, which builds buyers’ confidence when preparing to bid.

Featured sales include:

BioPharma auction event #501771 opens on May 22, 2018 and feature 228 lots of Biotech, Pharmaceutical Processing and Laboratory assets located in California and New Jersey. The event features assets such as capsule fillers, high shear mixers, fluid bed processors, mass spectrometers, HPLC systems, microcalorimeter, microscopes, and other laboratory equipment items. Bidding will remain open until May 24, 2018 at 5:00 p.m. EDT.

BioPharma auction event #561370 is a sealed bid auction open until May 24, 2018 at 9:00 a.m. EDT. The event includes over 100 lots of high quality biopharma, R&D and general laboratory equipment located in Paris, France including HPLC systems, spectrophotometers, thermal cyclers, incubators, analytical balances, centrifuges, microscopes, and other laboratory equipment.

Biopharma auction event #561368 features over 200 lots of high quality biopharma, R&D and general laboratory equipment including hydrogen peroxide vapor generators, mass spectrometers, centrifuges, laboratory automation workstation, gas chromatography units, microscopes, stirrers, separations module pumps and general lab equipment. All assets are located in Molndal, Sweden with bidding open until May 30, 2018 at 9:00 a.m. EDT.

Biopharma auction event #561369 features over 150 assets located in Alderly Park, UK with bidding open from May 24, 2018 until June 7, 2018 at 9:00 a.m. EDT. The event includes HPLC systems, network GC systems, stereo microscopes, DAD detectors, TCC column compartment, dissolution sampler, optical microscope, precision balance, auto samplers, and spectrometers.

Biopharma auction event #501722 features 245 lots from Bristol-Meyers Squibb including bioanalyzers, spectrophotometers, gas chromatograph systems, HPLC systems and components, vacuum pumps, mass spectrometers, and other laboratory equipment. All assets are located in East Brunswick, NJ.

Biopharma auction event #561379/561385 opens on June 13, 2018 and features 75 lots of high quality biopharma and laboratory equipment located in the United Kingdom. Assets include HPLC systems, protein analyzers, liquid handlers, probes, plate sealers, valve drives, and other laboratory equipment. Bidding will remain open until June 20, 2018 at 9:00 a.m. EDT.

“Our marketplace is seeing a healthy flow of asset from biopharmaceutical companies and there is a greater trend to seek cost effective ways to expand operations and source top quality equipment,” said Mike Besecker, Senior Vice President of Global Sales for Liquidity Services. “We help over three million buyers quickly find and bid on top quality biopharmaceutical assets across the globe sourced from leading manufacturers.”

GoIndustry DoveBid (Go-Dove), a Liquidity Services marketplace, provides professional buyers with access to an unparalleled variety and volume of surplus business assets from Liquidity Services' more than 11,000 clients, which include Fortune 1000 and Global 500 organizations as well as government agencies. Go-Dove offers buyers excellent deals on surplus assets in over 500 categories, with thousands of items auctioned off every week.

*About Liquidity Services*

Liquidity Services (NASDAQ:LQDT) operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 11,000 sellers worldwide. With over $7 billion in completed transactions, and more than 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

*Contact:*

Julie Davis
Senior Director
202.467.6868 ext. 2234
julie.davis@liquidityservices.com
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