Liquidity Services Announces New Partnership with Core by Biocom California to Help Life Science Companies Maximize the Value of Their Assets
Liquidity Services (NASDAQ:LQDT), operator of the world's largest B2B e-commerce marketplace for surplus assets, has announced a strategic partnership with Biocom California, the state's leading life science association representing over 1,800 members. The partnership adds Liquidity Services to Core by Biocom California's savings portfolio, enabling member companies to maximize value from surplus equipment and inventory.
Industry data suggests organizations typically maintain up to 20% surplus equipment that could be liquidated for capital. Through this partnership, Biocom California members will gain access to Liquidity Services' marketplace platform with exclusive savings for buying and selling specialized life science equipment, promoting both capital recovery and sustainability through asset redeployment.
Liquidity Services (NASDAQ:LQDT), operatore del più grande marketplace B2B di e-commerce per attrezzature in surplus, ha annunciato una partnership strategica con Biocom California, l'associazione leader nella scienza della vita nello stato, che rappresenta più di 1.800 membri. Questa partnership aggiunge Liquidity Services al portafoglio di risparmi di Core by Biocom California, permettendo alle aziende membri di massimizzare il valore delle attrezzature e dell'inventario in surplus.
I dati di settore suggeriscono che le organizzazioni mantengono tipicamente fino al 20% di attrezzature in surplus che potrebbero essere liquidate per ottenere capitale. Grazie a questa partnership, i membri di Biocom California avranno accesso alla piattaforma di marketplace di Liquidity Services con risparmi esclusivi per l'acquisto e la vendita di attrezzature specializzate nella scienza della vita, promuovendo sia il recupero di capitale che la sostenibilità attraverso il riutilizzo delle risorse.
Liquidity Services (NASDAQ:LQDT), operador del mayor mercado de comercio electrónico B2B para activos en exceso del mundo, ha anunciado una asociación estratégica con Biocom California, la principal asociación de ciencias de la vida del estado que representa a más de 1.800 miembros. La asociación agrega Liquidity Services al portafolio de ahorros de Core by Biocom California, permitiendo a las empresas miembros maximizar el valor de los equipos e inventarios en exceso.
Los datos de la industria sugieren que las organizaciones suelen mantener hasta un 20% de equipos en exceso que podrían ser liquidadas para obtener capital. A través de esta asociación, los miembros de Biocom California tendrán acceso a la plataforma de mercado de Liquidity Services con ahorros exclusivos para la compra y venta de equipos especializados en ciencias de la vida, promoviendo tanto la recuperación de capital como la sostenibilidad mediante el reuso de activos.
Liquidity Services (NASDAQ:LQDT)는 세계 최대의 잉여 자산 B2B 전자상거래 마켓 플레이스를 운영하며, Biocom California와 전략적 파트너십을 발표했습니다. Biocom California는 1,800명 이상의 회원을 대표하는 주 내 생명 과학 협회입니다. 이번 파트너십은 Liquidity Services를 Core by Biocom California의 절약 포트폴리오에 추가하여 회원사들이 잉여 장비와 재고로부터 가치를 극대화할 수 있도록 합니다.
업계 데이터에 따르면, 조직들은 일반적으로 최대 20%의 잉여 장비를 보유하고 있어 자본으로 유동화할 수 있습니다. 이 파트너십을 통해 Biocom California의 회원들은 Liquidity Services의 마켓플레이스 플랫폼에 접근하여 생명 과학 장비를 구매하고 판매할 때 독점적인 절약 혜택을 얻게 되어 자본 회수와 자산 재배치를 통한 지속 가능성을 촉진합니다.
Liquidity Services (NASDAQ:LQDT), opérateur du plus grand marché de commerce électronique B2B pour les actifs excédentaires au monde, a annoncé un partenariat stratégique avec Biocom California, la principale association de sciences de la vie de l'État représentant plus de 1 800 membres. Ce partenariat ajoute Liquidity Services au portefeuille d'économies de Core by Biocom California, permettant aux entreprises membres de maximiser la valeur des équipements et des inventaires excédentaires.
Les données du secteur suggèrent que les organisations maintiennent en général jusqu'à 20 % d'équipements excédentaires qui pourraient être liquidés pour obtenir des capitaux. Grâce à ce partenariat, les membres de Biocom California auront accès à la plateforme de marché de Liquidity Services avec des économies exclusives pour l'achat et la vente d'équipements spécialisés en sciences de la vie, favorisant à la fois la récupération de capital et la durabilité par le réaffectation des actifs.
Liquidity Services (NASDAQ:LQDT), Betreiber des größten B2B-E-Commerce-Marktplatzes für überschüssige Vermögenswerte weltweit, hat eine strategische Partnerschaft mit Biocom California angekündigt, dem führenden Lebenswissenschaftsverband des Staates, der über 1.800 Mitglieder vertritt. Die Partnerschaft fügt Liquidity Services dem Einsparungsportfolio von Core by Biocom California hinzu und ermöglicht es den Mitgliedsunternehmen, den Wert von überschüssiger Ausrüstung und Vorräten zu maximieren.
Branchendaten zeigen, dass Organisationen typischerweise bis zu 20 % überschüssige Ausrüstung halten, die für Kapital liquidiert werden könnte. Durch diese Partnerschaft erhalten die Mitglieder von Biocom California Zugang zur Marktplattform von Liquidity Services mit exklusiven Einsparungen für den Kauf und Verkauf von spezialisierter Ausrüstung in der Lebenswissenschaft, was sowohl die Kapitalrückgewinnung als auch die Nachhaltigkeit durch die Wiederverwendung von Vermögenswerten fördert.
- Strategic partnership with Biocom California provides access to 1,800+ life science companies
- Entry into specialized life science equipment market with high surplus potential (20% average)
- Expansion of customer base in California's premium life science sector
- None.
Insights
This strategic partnership represents a compelling market expansion opportunity for Liquidity Services into California's thriving life sciences sector. With access to over 1,800 Biocom California members, LQDT is positioning itself to capture a significant share of the surplus equipment market in one of the world's largest biotech hubs.
The partnership's timing is particularly strategic, as life science companies typically maintain substantial equipment inventories, with industry data indicating an average 20% surplus rate. Given that specialized biotech and pharmaceutical equipment often represents multi-million dollar investments, this partnership could unlock substantial transaction volume for LQDT's marketplace platform.
Key value drivers include:
- Exclusive access to a concentrated network of high-value potential clients in the life sciences sector
- Opportunity to establish LQDT as the go-to platform for biotech equipment trading
- Enhanced marketplace liquidity through increased buyer-seller matching in specialized equipment
- Sustainability focus aligns with ESG mandates, potentially attracting institutional investors
The partnership also creates a competitive moat through Biocom's endorsement, potentially deterring other marketplace providers from entering this niche. The sustainability angle, focusing on equipment reuse and landfill diversion, adds an ESG component that could enhance LQDT's appeal to institutional investors while creating tangible cost savings for biotech companies.
BETHESDA, Md., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Liquidity Services, (NASDAQ:LQDT) which operates the world’s largest B2B e-commerce marketplace platform for surplus asset sales, today announced a strategic partnership with Biocom California, the state’s premier life science association representing over 1,800 members. As the newest addition to the Core by Biocom California savings portfolio, Liquidity Services will provide member companies with unique opportunities to recapture critical capital and secure savings through a streamlined approach to buying and selling surplus equipment and inventory.
"We're proud to partner with Liquidity Services to deliver valuable support in surplus equipment liquidation and purchases for life science members in California and beyond,” said Tim Scott, President and CEO, Biocom California. “This partnership helps accelerate innovation, unlocks capital, promotes sustainability through landfill diversion and ensures idle assets are redeployed to advance life-saving technologies—all critical to driving our industry's growth and impact."
Life science companies are highly dependent on specialized equipment to drive innovation. However, industry data indicates that on average, organizations carry up to a
“At Liquidity Services, we’re excited to partner with Core by Biocom California and its vibrant life science community,” said Elizabeth Maxted, GM & VP of Capital Assets Americas at Liquidity Services. “We look forward to delivering tailored support and excellent returns on unused or undervalued equipment to Biocom California members, allowing them to remain focused on advancing science and improving health outcomes.”
By partnering with Liquidity Services, Core by Biocom California continues to expand its portfolio of carefully vetted partners, enabling its member organizations to succeed in an increasingly competitive and resource-conscious market.
For more information on how Biocom California members can take advantage of Liquidity Services’ specialized platform and exclusive member benefits, find the program overview here.
About Liquidity Services
Liquidity Services (NASDAQ: LQDT) operates the world’s largest B2B e-commerce marketplace platform for surplus assets, with over
About Core by Biocom California
Core by Biocom California helps life science companies secure critical products and services at reduced cost while conserving their resources and meeting corporate social responsibility goals. With a portfolio of 30+ unique savings programs and representation in over 40 states, Core by Biocom California saves members over
FAQ
What is the potential market opportunity for LQDT through the Biocom California partnership?
How will the February 2025 Biocom California partnership benefit LQDT's business model?
What specific services will LQDT provide to Biocom California members?
How does the LQDT-Biocom partnership promote sustainability?
