Liquidity Services and Biocom California Form Strategic Partnership
BETHESDA, Md., Feb. 10, 2025 – Liquidity Services, Inc. (NASDAQ: LQDT), a leading e-commerce marketplace platform for surplus asset sales, recently announced a strategic partnership with Biocom California, the premier life sciences association in the state. This collaboration aims to offer member companies of Biocom California exclusive opportunities to recapture capital and secure savings through a simplified buying and selling process for surplus equipment and inventory.
Benefits for Biocom California Members
The partnership with Liquidity Services is the newest addition to the Core by Biocom California savings portfolio, providing members with a cost-effective and efficient solution for managing surplus assets. By utilizing Liquidity Services’ platform, Biocom California members can:
- Access a global network of buyers, increasing the chances of finding the best price for their surplus equipment and inventory
- Streamline the selling process with Liquidity Services’ expertise in marketing and logistics
- Securely and efficiently dispose of surplus assets, freeing up valuable space and resources
- Reduce the environmental impact by keeping assets in use and out of landfills
Impact on the Life Sciences Industry and the World
The partnership between Liquidity Services and Biocom California signifies a significant step forward in the life sciences industry’s approach to managing surplus assets. By providing a streamlined solution for buying and selling surplus equipment and inventory, the collaboration:
- Encourages the reuse and recycling of valuable assets, contributing to a more sustainable industry
- Fosters a more efficient marketplace for life sciences companies to buy and sell surplus assets, reducing costs and increasing competitiveness
- Supports the growth of the life sciences sector by providing a platform for companies to generate revenue from their surplus assets
- Contributes to the overall economic development of the life sciences industry and the economy as a whole
Conclusion
The strategic partnership between Liquidity Services and Biocom California marks an essential development in the life sciences industry’s approach to managing surplus assets. By offering Biocom California members a cost-effective and efficient solution for buying and selling surplus equipment and inventory, the collaboration not only benefits individual companies but also contributes to the growth and sustainability of the industry as a whole. As the life sciences sector continues to evolve, partnerships like this will play a crucial role in driving innovation, efficiency, and competitiveness.
For more information about Liquidity Services and its offerings, visit their website at www.liquidityservices.com. For more information about Biocom California and its programs, visit www.biocom.org.
