Precision X-Ray, Inc. and Faxitron Bioptics, LLC Announce Combination to Form Global Leader in Biological Irradiation

Date: 12th September 2018

Precision X-Ray, Inc. (“PXi”), a pioneer in customized biological irradiators and Image Guided RadioTherapy (IGRT) systems for pre-clinical research, and Faxitron Bioptics, LLC (“Faxitron”), a highly respected manufacturer of dedicated cell and small animal x-ray irradiators, combine irradiation business assets under newly formed company.

North Branford, CT - DRMC X-Ray, Inc. (“DRMC”), an affiliate of Faxitron, was formed to take title to Faxitron’s irradiation assets and today announces the acquisition of the assets of Precision X-ray Inc. (PXi). Both Faxitron and PXi have deep roots in cabinet x-ray for biological irradiation. Under DRMC, this new combination will leverage the R&D strength and pedigree of PXi with Faxitron’s focus on integration and automation. Corporate headquarters, R&D and manufacturing operations will be located in North Branford, CT, the current home of PXi. DRMC will continue to operate under the PXi name.

The combined company has an enviable global installed base in excess of 1,000 systems and intends to substantially increase investment in all areas of the combined business to rapidly accelerate development and market adoption of its devices. “Both businesses have highly complementary, innovation-driven cultures. The culmination of the two creates a depth of knowledge and breadth of expertise unparalleled in our industry.” commented Paul Murtagh, Chairman of DRMC. “Biological irradiation is imperative to a vast scope of both fundamental and applied research. We look forward to building on the strong foundation of both businesses, as we continue their legacies by providing more advanced systems to further expand the use of X-ray in biological research and other irradiation applications.”

Bill McLaughlin, President of PXi, comments, “The X-ray systems and linked applications we provide play a pivotal role in radiation-based oncology, immunology, genetics and agricultural research.” He went on to add, “Having access to this broadened product range as well as the technical expertise and expanded service footprint of the two businesses will strengthen the irradiation solutions we can provide to our combined customer base worldwide. Our entire team is very excited to embark on this next phase of growth at PXi's existing facility in Connecticut.”

About Precision X-Ray, Inc.
Established in 2003, PXi is the world’s leading provider of high output X-Ray irradiators used in modern biological research. It is the company’s mission to continually develop X-ray systems that help researchers better understand radiation induced effects in the sciences of molecular biology and cancer research. Since the introduction of the X-RAD 320 in 2003, PXi has provided numerous customer focused innovations such as making small animal IGRT possible with the introduction of the 225Cx/SmART systems and the integration of dual modality x-ray/bioluminescence imaging with the recent release of the Optimax add-on platforms. PXi continues to be a leading technology innovator in the research irradiation field and beyond.

www.pxinc.com

About Faxitron Bioptics, LLC’s irradiation business line (“Faxitron Irradiation”)
As the pioneer in cabinet x-ray imaging, Faxitron Irradiation very early on recognized the parallel market need for cabinet x-ray irradiation. The first irradiators were higher power versions of the standard imaging cabinets, but the company soon created dedicated units such as the RX-650 and CP-160. These were the respective predecessors to the modern CellRad and MultiRad ranges of today. Over this period the company’s global biological irradiation installed base has grown to over 1,000 systems. This has been driven by FaxitronIrradiation’s focus on fully integrated, compact and highly automated application-based irradiators. The systems are smaller, simpler, safer and more cost-effective alternatives to gamma radioisotope irradiators.

www.pxinc.com/faxitron-irradiators

RPS Service install a Faxitron CellRad at the University of Glasgow

Date: 25th August 2014

RPS Service install a Faxitron CellRad desk top X-Ray irradiator at the Wolfson Wohl Cancer Research Centre, University of Glasgow.

RPS Service install a Faxitron CellRad desk top X-Ray irradiator at the Wolfson Wohl Cancer Research Centre, University of Glasgow

RPS Service showing the Faxitron Cellrad at ERR2014 in Rhodes

RPS Service will be showing the Faxitron CellRad desktop cell irradiator and MultiRad x-ray irradiator systems, at the 41st Annual Meeting of the European Radiation Research Society, ERR2014, in Rhodes, Greece from 14th to 19th of September 2014. The scientific program will cover all of the major disciplines of Radiation Sciences including Physics, Chemistry, Biology, Medicine, Radiation Biology and Radiation Protection.

14th to 19th of September 2014
Rhodes, Greece
http://www.err2014.gr/

RPS Service showing the Faxitron Cellrad at ERR2014 in Rhodes

RPS Service receives order for Faxitron MultiRad 225 from Immunocore Ltd in Oxford

Date: 16th July 2015

RPS Service receives order for Faxitron MultiRad 225 from Immunocore Ltd in Oxford which is one of the world’s leading biotechnology companies.

Faxitron Multirad 255

Faxitron awarded ISO 9001:2008 & ISO 13485:2003 certification from BSI

Date: 31st Jan 2014

Tucson, Arizona - January 31, 2014 - Faxitron today announced it has been awarded ISO 9001:2008 & ISO 13485:2003 certification from BSI (British Standards Institution). Certification to ISO 9001:2008 & ISO 13485:2003 demonstrates that Faxitron has an effective Quality Management System and is committed to quality through established and consistent policies, practices, and procedures for all of its products.

Donogh O'Driscoll, Faxitron's COO, commented: "The ISO accreditation is a testament to Faxitron's commitment to deliver quality products, and sustained call for continuous improvement. This certification is reflective of Faxitron’s best practices and expert personnel whom manufacture our innovative products for our valued customers worldwide."

About ISO

International Organization for Standardization - worldwide federation of national standards bodies from 130 countries. ISO is the world's largest developer and publisher of International Standards.

The ISO 9001 Quality Management Systems Standard is recognized as the world's most successful standard having been adopted by more than one million organizations in 178 countries. ISO 9001 - requires companies to establish and maintain a quality management system: The QMS defines the processes or procedures throughout the company that may affect the quality of the product manufactured.

The ISO 13485 Quality Management Systems Standard is based on ISO 9001, but is specifically tailored to the requirements of Medical Device Manufacturers. It is a Quality Management System standard specifically developed for the manufacture of medical devices.

About BSI

British Standards Institution is currently one of the world's largest independent certification bodies for management systems. BSI was established in 1901 and was the World's first national standards body.

About Faxitron

Faxitron is the world's largest and only fully vertically integrated, dedicated cabinet x-ray imaging and irradiation company. With an install base of over 7,000 systems in medical, scientific and industrial facilities worldwide, Faxitron is the pioneer and industry standard in cabinet x-ray imaging and irradiation systems for specimen radiography, research, and NDT applications. For more than 40 years, Faxitron has defined cabinet x-ray by developing x-ray sensor technology and innovative systems to meet the evolving needs of our customers. For more information, please visit www.faxitron.com.

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