To carry out high-quality, competitive research, your lab needs the latest, most innovative laboratory equipment. The problem is that most equipment at the forefront of technology is expensive.
If you’re on a budget, acquiring used and refurbished equipment is a better option. So is leasing. In some cases, you can even lease used and refurbished equipment. Both options are solid alternatives for efficiently and cost-effectively getting equipment into your lab without breaking the bank.
The Lab World Group is just one of many vendors selling and buying new and used pharmaceutical and laboratory equipment in the U.S. to support a wide range of lab workflows. Its headquarters are based in Woburn, Massachusetts, but it serves numerous locations nationwide, including New York, Rhode Island, North Carolina, California, and other biotech hubs.
The company has more than 10 years of experience, and because of its Massachusetts-based headquarters, can be accessed by thousands of laboratories in the epicenter of Genetown including Boston, Cambridge, Waltham, Lexington, and Bedford.
Biotech and biopharma companies can work with The Lab World Group to procure high-quality life sciences and molecular lab instruments. Further, they can sell retired and de-commissioned research and pharmaceutical equipment to The Lab World Group and generate some cash which can go towards other projects.
In this article, we will review the process of selling and buying equipment through The Lab World Group and the potential risks involved with purchasing surplus equipment for your lab.
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The Lab World Group buys and sells equipment from all over the world, including rotors, spectrophotometers, chromatography, and much more.
Purchase a range of equipment from different popular brands, including Beckman Coulter, Thermo Scientific, Bertin Technologies, VWR, Eppendorf, Biotek, KD Scientific, and Agilent.
Some of the Instruments available through these brands include Ohaus adventurer balance ax523, Daigger Dry Block Heater with Cooling ALB-C1, Thermo ultra low freezer uxf70086, SpectraMax M2 Multimode Plate Reader, Thermo Revco UXF70086 ULT Freezer -86C, and sartorius balance cp3202s.
You can search by equipment category as well, including:
Typically, The Lab World Group has a turnaround time of three business days. Once your order is received, the chosen equipment is sent through an outbound quality control process. The process includes a ten-point inspection that ensures the equipment is in good working condition and is operationally fit, confirming you’ve ordered and will receive a top-quality instrument. All equipment is packaged professionally and comes with a standard warranty.
The Lab World Group is one of many options for selling used lab equipment. In addition to purchasing and managing your assets, they offer solutions to maximize the return on the equipment you sell them. Their asset management solutions include:
Each of these services is custom-tailored to your needs and offers different ROI, conversion rates, and selling cycles.
We’ve said it before, and we’ll say it again. Buying new lab equipment isn’t always doable. But despite the costs, you need the proper equipment to keep your research and development going. Without key instruments, work can come grinding to a halt. When you don’t have the cash to purchase equipment, buying used and refurbished is a practical option.
However, there are some downsides to the procedure that you should be aware of when considering purchasing used lab equipment through a third-party vendor, be it The Lab World Group or another reseller of lab equipment:
The Lab World Group is a Massachusetts-based buyer and seller of used equipment. It offers a range of lab equipment from several elite brands, such as Thermo Fisher, Biotek, and Eppendorf. The equipment available ranges from multimode plate readers, spectrophotometers, and chromatography systems to hot plate stirrers and even various consumables.
Buying used and refurbished lab equipment from third-party vendors is a viable procurement method for laboratories that are working on a budget and in need of equipment.
However, this method can also cost you more than you’d expect. There are a number of risks to buying used from third-party vendors that can include purchasing damaged or poorly maintained equipment or agreeing to deals that do not include warranties, on equipment that may soon break down or prove to be in poor working condition.
Rather than risk your budget on equipment that might be faulty and unprotected in case of breakdown, lease your lab equipment from Excedr.
Our leasing program makes equipment procurement easier and worry-free. You can lease something new and pay for it over a number of months, greatly reducing your upfront costs, or you can lease a refurbished model that has been repaired to the manufacturer’s exact standards.
All products we provide are top-of-the-line, in excellent condition, and protected under our standard warranty which includes repair and maintenance coverage.
By leasing with us, you can know for sure the equipment you’re procuring will be in excellent condition, covered under warranty, and taken fully care of during the duration of the lease. Save time and effort researching suitable equipment and lease your next instrument with Excedr.
Don’t have the budget to purchase lab equipment outright? Consider leasing through Excedr to save your lab time and money. Browse your leasing options today!