Snapdragon Chemistry Announces Expansion to New Labs in Cambridge, Added Technical Services, and Election of Matt Bio as Chief Executive Officer

BOSTON, MA--(Marketwired - March 28, 2016) - Snapdragon Chemistry is pleased to make several significant announcements. First, Snapdragon has moved to new lab facilities at 85 Bolton Street in Cambridge, Massachusetts. Snapdragon's corporate partner, Zaiput Flow Technologies, has also moved to the 85 Bolton Street site. This co-location will enhance the collaboration of these strategic partners and accelerate the development of advanced continuous chemical manufacturing technologies and solutions.

Snapdragon also announces completion of an investment round that enables both the significant expansion of its capabilities and technologies and the recruitment of additional top scientists in order to keep pace with the high demand for Snapdragon's services. Snapdragon is expanding its reaction profiling and analytical capabilities to include additional in-line process analytical technologies (PAT), including real-time and automated feedback control of process parameters. Snapdragon is also expanding its computational modeling capabilities, using reaction-profiling data in order to deliver "right-first-time" reactor design.

As part of the expansion, Snapdragon has hired Dr. Eric Fang as Director of Chemistry and added both PhD and BS level chemists. Snapdragon also plans to hire additional scientists and engineers in the near future.

Finally, in recognition of his contributions to the expansion of the company and the successful fundraising round, Snapdragon is pleased to announce the election of Dr. Matthew Bio to President and CEO, succeeding the current President/CEO and Co-Founder Tim Jamison. Jamison will continue as Chairman and as scientific and technical advisor to Snapdragon. Co-founder Aaron Beeler will also continue to serve on the board of directors and as scientific and technical advisor.

About Zaiput Flow Technologies

Zaiput Flow Technologies (www.zaiput.com) is an independently owned company dedicated to bringing innovative tools for continuous flow to the market. Zaiput specializes in the development of modular and scalable liquid-liquid separators and back pressure regulators for a variety of flow rates and with robust designs for harsh chemistries.

About Snapdragon Chemistry

Snapdragon Chemistry (www.snapdragonchemistry.com) is an independently owned contract research organization, headquartered in Cambridge, MA (US). Snapdragon Chemistry was created to deliver complete flow chemistry solutions to clients. Using advanced continuous manufacturing technology we are helping our clients to improve access to existing molecules and and discover new molecules. Snapdragon Chemistry offers continuous manufacturing development expertise enabling the development and commercialization of robust, practical and low cost chemical processes using advanced manufacturing technology.