History of mtm laboratories AG


4 January 2007Subsidiaries opened in Italy, France and Spain
1 January 2007Global introduction of CINtec® Histology kit and CINtec® Cytology kit
9 October 2006Series C raises €22 million in round led by HBM BioVentures and HBM BioCapital, with a consortium which includes Heidelberg Innovation and Wellington Partners together with the new investors Nexus Medical Partners (Boston) and SwissFirst Bank (now Bank Pasche SA) (Zurich)
2 August 2005US subsidiary established in Boston with Bob Silverman as President
13 October 2004mtm laboratories achieves ISO 9001 and ISO 13485 certification for design, manufacturing and distribution of In Vitro Diagnostics
September 2003Series B (second closing) Wellington Partners contribute further €3 million
April 2003Series B (first closing) raises €9 million with HBM BioVentures as lead investor and participation of the previous investors
30 August 1999mtm founded in Heidelberg by Prof Magnus von Knebel Doeberitz, Dr Ruediger Ridder, Dr Christina von Knebel Doeberitz and Dr Peter Pack. Dr Pack appointed CEO of mtm laboratories. Series A raises €1.6 million from Heidelberg Innovation, Mannheim Holdings LLC (New York) and mtm & friends GmbH & Co KG


mtm employees at work in the laboratory





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