German Firm Takes Stake In Source Scientific

Irvine-based Source Scientific LLC, a firm that provides design, development, and manufacturing of medical devices and laboratory instruments, said this week that German firm BIT Analytical Instruments has acquired a 50 percent equity investment in the firm. According to the company, BIT has acquired the 30 percent equity ownership held in the firm by Pressure BioSciences. Source Scientific provides outsources manufacturing of medical devices for major medical device and clinical instrumentation companies.