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Would You Buy Used Lab Equipment?

Posted November 23, 2010 9:00 AM

"This is a very green business," explains Jackie Townsend, chief marketing officer for BioSurplus Inc., a San Diego-based seller of used laboratory equipment. "We're talking about equipment people used to shove into closets and toss into landfills." Whether its Carl Zeiss microscopes or liquid-nitrogen cryofreezers, "a lot of these high-end instruments are not seeing the end of their useful lives".

According to Townsend, startup companies in the biotech and life sciences industries can purchase this once-expensive equipment for as little as 10% of the original cost. All of the deals don't provide deep discounts, of course, but the savings can be significant for entrepreneurs whose equipment budgets are around $100,000. In many cases, too, the used equipment is in excellent condition, having been discarded by companies that went out of business or merged with competitors.

Would your company buy used lab equipment?

Source: San Diego Business Journal

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Guru

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#1

Re: Would You Buy Used Lab Equipment?

11/23/2010 12:05 PM

Of course providing the accuracy can be proven.

Russ

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#2

Re: Would You Buy Used Lab Equipment?

11/24/2010 10:23 AM

Absolutely, we will buy used equipment if the price/condition is right. In some cases, we have been known to acquire non-functional equipment and refurbish it, since the final cost of ownership was considerably less than the "new" option. The history of the equipment is of little concern- functionality and cost of acquisition rule.

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#3

Re: Would You Buy Used Lab Equipment?

11/24/2010 10:43 AM

Yes, it can be cheaper to buy used & then recondition than it is to buy new.

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Commentator

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#4

Re: Would You Buy Used Lab Equipment?

11/24/2010 3:01 PM

I believe that used lab equipment, now widely available thanks to the web, is a very major factor in the uniformization of wealth, making advanced research and development tools accessible to just about anyone on earth.

As a side note, of course, such uniformization may have various effects on your own "wealth" status on a planetary scale.

I personnaly buy/use nothing but used lab equipment and refurbish/improve as needed. Beyond the tools also lays the knowledge associated with the tools.

Of course, in many cases, used equipment just would not make sense. But there are so many cases where it will.

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