Our clients in this success story are a group of five major biopharmaceutical and solid dose laboratories based in Mexico. Known for their contributions to the pharmaceutical industry, these laboratories are pioneers in their fields, continually advancing research and development. However, as they evolve, they often find themselves with surplus equipment that is no longer in use but still holds significant value.

The group faced the challenge of efficiently monetizing over 160 lots of pre-owned equipment. While they anticipated generating 2.4 million Mexican pesos from the sale of these items, they lacked the expertise and reach to optimize their returns. The main obstacles were effectively marketing the equipment and finding the right buyers.

EquipNet provided a comprehensive solution tailored to the needs of these laboratories. We organized and managed a dedicated auction event, leveraging our extensive network and industry expertise. Our team handled every aspect of the process, from inventory assessment and valuation to targeted marketing and auction execution. By presenting the equipment to a wide audience of interested buyers, we ensured maximum visibility and competitive bidding.

The auction exceeded the group’s expectations significantly. Instead of the projected 2.4 million Mexican pesos, the auction generated an impressive 2.65 million Mexican pesos. This increase in revenue not only provided the laboratories with additional capital to reinvest in cutting-edge technology and research but also reinforced their confidence in the value of their surplus assets.

200k USD in adittional returns thanks to EquipNet

EquipNet’s successful auction for the group of Mexican biopharmaceutical and solid dose laboratories underscores our commitment to helping clients unlock the full potential of their unused equipment. By turning surplus assets into substantial financial gains, we empower our clients to continue their innovation and growth in the pharmaceutical industry.