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The Lives of a Sell

Ever gotten a great deal on a 1970s Charlie's Angels lunchbox on eBay and wondered why you couldn't do as well on an HPLC unit for your lab? With the September 1999 launch of BioBid.com, great deals on used lab equipment are now available at the click of a mouse. The dynamic nature of the biotech industry leads to a large number of surplus instruments and perfectly functional equipment collecting dust. It is not unusual for companies to start and abandon a project in a very short time. But wit

Amy Francis

Ever gotten a great deal on a 1970s Charlie's Angels lunchbox on eBay and wondered why you couldn't do as well on an HPLC unit for your lab? With the September 1999 launch of BioBid.com, great deals on used lab equipment are now available at the click of a mouse.

The dynamic nature of the biotech industry leads to a large number of surplus instruments and perfectly functional equipment collecting dust. It is not unusual for companies to start and abandon a project in a very short time. But with every downsizing and failed venture springs a new start-up company or expansion. These dynamics call out for an efficient equipment-exchange mechanism that would benefit both those looking to unload unneeded instruments and those launching projects with new equipment needs. Although BioBid was founded with the needs of biotech in mind, the company's services should be attractive to academic researchers as...

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