M-CMale Healthy Controls (experimental terminology)
M-CMolar to Canine
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As announced on February 13, 2004, the assets of M-C Division were sold to a wholly owned subsidiary of NuSil Corporation of February 9, 2004.
Irwin Gruverman, President, CEO and Chairman, stated "Management anticipates that the Company will report operating profitability, before charges related to impairment of goodwill associated with the discontinued M-C operations, for both the fourth quarter of 2003 and for the 2003 fiscal year.
Irwin Gruverman, CEO and Chairman of MFIC, stated, "Having completed the sale of the assets of M-C to NUSIL, we will be able to better focus our attention and resources on our core business, the Microfluidics Division and its Microfluidizer(R) materials processing equipment.