GoIndustry DoveBid Continues to Provide One of the Leading Global Equipment Marketplaces as it Celebrates 300th BioPharma Exc...

GoIndustry DoveBid, a leading provider of asset management, valuation and disposition solutions for industrial companies, will be conducting its 300th BioPharma Exchange via an online auction (www.go-dove.com/bio). This milestone demonstrates the continuing strong demand for a quality second-hand equipment marketplace focused on the biotech and pharmaceutical industries. The adoption of the BioPharma Exchange program has not been limited to the United States; in 2010 buyers from over 70 countries came to the BioPharma Exchange to purchase equipment. In 2007, we established regional exchange programs in Europe and Asia to meet the demand from buyers and sellers.

“While this is a great achievement, we are pushing forward with our plans to expand the global reach of the Exchange program,” said Randy Small, VP of Asset Sales & Services, North America. “In the beginning, the BioPharma Exchange program’s buyer bases were regional companies and equipment service providers. Since then, the program has dramatically expanded; its buyers include mainstream organizations across the world from universities and global corporations to international CRO’s (Contract Research Organizations). These organizations are consistently utilizing the Bio Exchange as their cost-effective equipment procurement channel.”

The success of the BioPharma Exchange program is just another example of our commitment to providing secure and transparent marketplaces for buyers and sellers to complete their transactions. This has also reaffirmed our commitment to developing the secondary marketplace as a key and vital source for organizations to procure and sell quality equipment.

“Since the inception of the Exchange program, we have been committed to establishing an ongoing, industry-specific marketplace that provides a safe and secure sales channel for our corporate clients,” stated Romie Castelli, Senior Vice President of Sales, North America. “This commitment has proven to be a great success – with the adoption of this program by more than half of the leading global biotech and pharmaceutical corporations’ use of our BioPharma Exchange as part of their ongoing surplus asset management process.”

The Exchange program has become a key destination for customers looking to acquire equipment. This achievement further demonstrates GoIndustry DoveBid’s commitment to the following:

For Buyers:

Buyers have a safe, secure and transparent marketplace to complete the transactional process
Buyers can buy name brand equipment in weekly online auctions from any location around the world
Buyers have the opportunity to acquire more than 27 different industry-focused procurement channels to acquire equipment including biotech lab, research & development, DNA/life sciences, and pharmaceutical process & manufacturing

For Sellers:

Sellers have access to our global staff of equipment sales experts to help value and determine the best method of sale for the equipment
Sellers can leverage our exchange program for a cost-effective asset sales channel selling with other companies in similar industries
Sellers have an opportunity to auction their equipment in a proven global marketplace and create competitive bidding for their equipment

About GoIndustry DoveBid

GoIndustry DoveBid is the global leader in asset management, auction and valuation services relating to industrial equipment combining asset, industry & market intelligence with e-commerce technology. The company services multi-national corporations, financial institutions, insolvency practitioners, used equipment dealers and asset-based lenders throughout the world. For more information, visit http://www.go-dove.com/.

GoIndustry DoveBid approaches the market with three distinct advantages. The first is significant global reach to provide these services wherever they are needed. The second is that most of GoIndustry DoveBid’s business is online, making it more efficient and convenient for both buyers and sellers whether it’s for a single piece of equipment or a whole production line. The third is unsurpassed knowledge of the market across multiple industry sectors. Since 2000, GoIndustry DoveBid has collected information gathered from auctions all over the world and leverages this rich data on a daily basis through accurate valuations and appraisals for the benefit of all its customers. For further information, please visit www.go-dove.com.

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