About FORMULATRIX

®

Laboratory Automation Solutions

FORMULATRIX® was established in 2002 to provide protein crystallization automation solutions. Since then, we've started developing other laboratory automation solutions including the next generation of liquid handlers using microfluidic technology. Headquartered in Bedford, Massachusetts, we supply software and robotic automation solutions to leading pharmaceutical companies and academic research institutions around the world. Our team works tirelessly to provide the best products in the industry with support that is second to none.

Market: liquid handling; software and robotics for automating protein crystallization; digital PCR
Size: over 350 employees worldwide
Incorporation Date: 2002
Ownership: private, 100% employee-owned

2016

Products Deployed: 1239
Customer Sites: 706
Employees: 372

2016 was another exceptional growth year for Formulatrix in terms of revenue generated, instruments installed, and jobs created. This growth was bolstered by the development of innovative new technologies and product enhancements. The Protein Crystallization department launched a new imaging technology called Multi-Fluorescence Imaging (MFI) that allows for the identification of protein-protein complexes. Product updates to both the MANTIS® and TEMPEST® drove Liquid Handling sales with over 150 new units installed in 2016. The addition of Radio-Frequency Identification (RFID) Chips for the MANTIS now allows researchers to automatically track dispense data for even more control of their experiments. Even more innovation to come in 2017!

2015

Products Deployed: 950
Customer Sites: 556
Employees: 330

In 2015, Formulatrix experienced expansive growth with banner sales years in all three departments, Protein Crystallization, Liquid Handling, and Digital PCR. With this accelerated growth came the development of several new products (most to be released in 2016) and the introduction of major advancements in the current product lines. In Protein Crystallization, we made significant improvements in our complete crystallization suite to make the products the most robust and reliable to date. Along with increased sales, the Liquid Handling team also deployed a new accessory product for the MANTIS® called the Large Capacity Chip Changer (LC3) that increased the number of possible reagents available for researchers by 4x.

2014

Products Deployed: 779
Customer Sites: 492
Employees: 300

2014 was an exciting year for FORMULATRIX®. Along with the continued growth of all three of our product lines (Protein Crystallization, Liquid Handling, and Digital PCR), we broke ground on a brand new world headquarters in Bedford, MA in the Spring. Construction was completed over the summer and doors opened to our new home in September. We were also excited to show off our new home by hosting our first ever Advances in Protein Crystallography conference - a two day symposium that invited scientists from across the globe to come learn from industry leading researchers, provide developmental feedback on our products, and participate in a hand’s on Lipidic Cubic Phase (LCP) workshop.

2013

Products Deployed: 516
Customer Sites: 285
Employees: 348

During 2013, FORMULATRIX® reorganized into three distinct business unit - Protein Crystallization, Liquid Handling, and dPCR. In Protein Crystallization, we saw great market success with SONICC® and NT8®. The former was proven to be a key technology that is strongly tipping the high-end market in our direction. The later rounds out our product line making us the only vendor to offer a complete crystallization suite. In Liquid Handling, we matured MANTIS® and TEMPEST® technology and with larger sales team grew revenue by 50%. In dPCR, we successfully developed and tested a new technology for cost-effective high throughput dPCR, gaining us entry into the sizable PCR market. Our debut dPCR product, the CONSTELLATION®, made its first public appearance in October 2013.

2012

Products Deployed: 403
Customer Sites: 245
Employees: 339

We continued our expansion by opening our business fully to the Chinese market. Our continued growth of both the Liquid Handling and Protein Crystallography markets led to significant upgrades to the TEMPEST® and NT8®, as well as an overhaul of our imaging technology.

2011

Products Deployed: 283
Customer Sites: 166
Employees: 244

Market the true launch of our SONICC® and FRAP imaging systems. Each of these represents a huge milestone for FORMULATRIX® in the field of protein crystallization imaging. Our increased efforts in the Liquid Handling market also yielded a significant redesign to the TEMPEST® (bulk reagent dispenser) and the NT8® (drop setter).

2010

Products Deployed: 237
Customer Sites: 117
Employees: 204

We looked to continue our accelerated growth with the development of several new products and the introduction of major advancements in the current product line. The MANTIS®, a single reagent dispenser that utilizes our patent-pending microfluidic technology, was launched at ALA's Lab Automation 2010. We continued to work on improving our current product line by reducing the dead volumes of our liquid handlers, updating ROCK MAKER® with customer-led enhancements, and improving the image quality of our UV imagers.

2009

Products Deployed: 215
Customer Sites: 108
Employees: 171

Despite harsh economic conditions, we are continuing to rapidly expand. New products include ROCK IMAGER® UV options, The TEMPEST®, the world's fastest and most flexible bulk reagent and sample dispenser, ROCK MAKER® 2.0 and a protein crystallization drop setter (NT8®). The TEMPEST® was launched at ALA's LabAutomation 2009 to a lot of terrific customer feedback. This July, we will introduce the NT8 Drop Setter at the 2009 ACA conference. FORMULATRIX® was awarded as a finalist at the 2009 New England Innovation Awards. To meet increased demand, we are quadrupling our manufacturing space from 10,000 to 40,000 square feet.

2008

Products Deployed: 145
Customer Sites: 83
Employees: 103

The FORMULATOR®, a next-generation liquid handler, was launched and won the New Product of the Year Award at ALA's LabAutomation 2008 and an R&D 100 Award. We Continued to work on expanding our liquid handling line, updating ROCK MAKER®, and adding new UV imaging capabilities to our ROCK IMAGER® platforms. FORMULATRIX® finished the year with 103 employees and 83 customer sites.

2007

Products Deployed: 94
Customer Sites: 60
Employees: 50

In 2007, demand for ROCK MAKER® and ROCK IMAGER® increased, sparking the construction of a 10,000 square foot manufacturing facility in Indonesia. Development was started on a new line of microfluidic liquid handling devices and a prototype device was demonstrated at the ACA tradeshow. FORMULATRIX® finished the year with 50 employees and 55 imaging systems deployed at 60 customer sites.

2006

Products Deployed: 56
Customer Sites: 32
Employees: 30

In 2006, we designed version 2 of ROCK IMAGER 1000® and ROCK IMAGER 182®. To increase our manufacturing and software development capacity, we opened up a software development center in Pakistan and a manufacturing facility in Indonesia. We finished this year with 30 employees and 32 customer sites.

2005

Products Deployed: 40
Customer Sites: 20
Employees: 18

This year marked the first delivery of the ROCK IMAGER 1000®, a product that continues to be one of our most popular imaging systems. We also developed and shipped ROCK IMAGER 54® and ROCK IMAGER 2®. Most significantly, Pfizer and Novartis both made ROCK MAKER® their global standard for automating protein crystallization. When the dust settled, we deployed 21 imagers, had 18 employees, and 20 customer sites.

2004

Products Deployed: 15
Customer Sites: 12
Employees: 9

During 2004, we developed the ROCK IMAGER 24 and shipped it to 3 customers. We began development on the ROCK IMAGER 1000®, and signed one customer in Japan and two customers in Europe. We finished the year with 9 employees and 12 customer sites on 3 continents.

2003

Products Deployed: 6
Customer Sites: 5
Employees: 4

During 2003, ROCK MAKER® went live and we signed on Exelixis and two additional Pfizer locations as customers. We also developed and deployed our first imager to Boehringer-Ingelheim. We finished this year with 4 employees and 5 customer sites.

2002

Products Deployed: 2
Customer Sites: 2
Employees: 2

Formulatrix was founded by Jeremy Stevenson when Wyeth contracted him to write software to automate their protein crystallization process. Soon after completing this contract Boehringer-Ingelheim in Ridgefield, CT and Pfizer in Groton, CT purchased ROCK MAKER®.