- Investor Relations
The Research Institute of Technical Physics and Materials Science in Budapest has recently published a scientific article describing a study of the health effects of the well-known, widely used herbicide Roundup. In the study, the HoloMonitor M4 was used to assess toxic effects to animal cells after exposure to Roundup.
“New European Union legislation requires that alternatives to animal testing shall be used when available. This will dramatically increase the use of cell-culture-based methods for determining the toxicity of chemical substances. The publication clearly shows the usefulness of the M4 in this new and growing market. Countries outside EU are expected to follow the EU legislation initiative and thereby create a global demand for these new test methods”, says Peter Egelberg, CEO of PHI.