Olink Bioscience, a Sweden based biotechnology company focused on innovative protein detection technologies, has entered into a distribution agreement with Bethyl Laboratories, Inc. Together with Bethyl Olink Bioscience will continue to expand the distribution of the Duolink® product line in the US market.

UPPSALA, Sweden, 14 September 2011 – Dr. Simon Fredriksson, Executive Vice President and Chief Scientific Officer of Olink AB (Olink) has today been promoted to President and CEO of Olink. Simon Fredriksson is taking over from Björn Ekström who has been managing the company since its inception in 2004. At the same time new members of the Board of Directors have been appointed.

nxt2b (Nexttobe AB) an investment company owned by Bengt Ågerup, has today signed an agreement with a group of shareholders in Olink AB to purchase 49 % of the outstanding shares in the company. The intention is to accelerate the growth and value creation of the company by injecting knowledge, experience and financial strength to complement Olink’s unique product and technology position.