Business
Heritage Global Inc. Provides Auction Results From July Pharmaceutical Sector Sale
- Generated in Excess of One Million Dollars in Asset Sales - SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Inc. (OTCQB: HGBL, CSE: HGP) (“Heritage Global,”
About this update from Heritage Global Inc.
[{"type":"text","content":"\n- Generated in Excess of One Million Dollars in Asset Sales -\n\n SAN DIEGO--(BUSINESS WIRE)--\nHeritage Global Inc. (OTCQB: HGBL, CSE: HGP) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and capital assets, today announced results from its ongoing monthly Pharmaceutical Sector Sale for July. With over 600 items for sale, the 100% online auction received 45,000 page views, more than 9,500 internet bids and generated in excess of one million dollars in asset sales. Furthermore, over 250 companies registered to bid on state of the art lab assets that were offered from multiple sellers located in Switzerland, Massachusetts, and five locations in California.\n\n\n“The successful auction results reinforce our trusted buyers and sellers continue to rely on Heritage Global to deliver high quality assets to the secondary market as well as working capital to our clients,” stated Nick Dove, Executive Vice President of Heritage Global Partners. “In the last four months, during the height of the COVID-19 pandemic, Heritage Global Partners has conducted 11 different biotech and pharmaceutical equipment auctions, including assets from more than 25 sellers ranging from startups to midsize companies and global multinational corporations. The demand for laboratory and manufacturing assets remains high reflecting ongoing ambitions to enhance R&D and production capabilities. We have five different biotech and pharma auctions scheduled in the next seven weeks and expect similar turnouts and strong competition across the board.”\n\n\nNotable assets sold include:\n\n\n\nBruker SolariX XR Mass Spectrometer System\n\n\nTruSteel Autovap30 Solvent Recovery System\n\n\nBD FacsAria IIu Cell Sorters\n\n\nBeckman Coulter i5 Spon8 Biomek i5 Automated Workstation.\n\n\nApplied Bio QuantStudio PCR Systems\n\n\n\nFor additional information about the upcoming biotech and pharmaceutical auctions, please visit https://www.hgpauction.com/. For further questions on buying or selling assets at an upcoming event, please contact our sales team at [email protected] or 858-847-0659.\n\n\nAbout Heritage Global Inc. (www.heritageglobalinc.com)\n\n\nHeritage Global Inc. (OTCQB: HGBL, CSE: HGP) is an asset services company specializing in financial and capital assets. The company provides a full suite of services including mar...