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Stock impact report

Nephros Announces Acquisition of Biocon

Nephros, Inc. (NEPH) 
NASDAQ:AMEX Investor Relations: nephros.com/investor-relations
Company Research Source: GlobeNewswire
Adds Growing Water Filtration Business in Food Service, Hospitality, and Industrial Markets Expands Water Filter Product Portfolio SOUTH ORANGE, NJ, Jan. 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Nephros, Inc. (OTCQB: NEPH) (“Nephros”), a commercial stage company that develops and sells high performance liquid purification ultrafilters, today announced that it has acquired Biocon 1, LLC and its affiliate Aether Water Systems, LLC (together, “Biocon”), adding a growing water filtration business that targets the food service, hospitality, and commercial markets. The acquisition was completed on December 31, 2018. Greg Lucas, the founder of Biocon and a recognized leader in the hospitality water solutions space, will continue to lead Biocon as President of the new Nephros subsidiary.“Greg and the Biocon team have developed a broad portfolio of products that perform well in the market. We have been working together since 2015 to manufacture ultrafiltration products that pl Show less Read more
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