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By order of a U.S. bankruptcy court, Tiger Group and Liquidity Services on Aug. 10 will auction OncoSec Medical Inc.'s former immunotherapy laboratory and R&D facility in San Diego.

The biotechnology company, which focused on developing intertumoral immunotherapies to target cancer cells by stimulating patients' immune systems, filed for Chapter 7 liquidation in the U.S. Bankruptcy Court for the District of Delaware this past June.

Lots in the timed, online auction for OncoSec begin to close on Thursday, August 10, at 10:25 a.m. (PT). Bidding is underway at SoldTiger.com and Liquidity Services' AllSurplus.com marketplace.

In the fight against cancer, OncoSec earned national attention for its proprietary TAVO™ electroporation platform. The company's immunotherapy research, carried out at its R&D facility in San Diego, required an extensive amount of cutting-edge and general lab equipment.

"All told, online bidders will find 148 lots of clean, well-maintained biopharma assets in the online auction," noted John Coelho, Senior Director, Tiger Commercial & Industrial. "It's a rare opportunity for operators in this fast-moving and highly competitive space."

The assets include:

    microscopes, cell profilers, incubators, and thermomixers
    safety cabinets, refrigerators, ultra-low-temperature freezers and benchtop centrifuges
    autoclaves, cell-imaging systems, cell profilers and advanced molecular imagers
    thermal cyclers, and cryogenic and/or nitrogen tank and storage systems
    digital dry-bath block heaters, oscilloscopes, force testers, electroporators and generators,
    and much more.

"Extremely well-respected brands are represented in this sale, including the likes of Nexcelom Bioscience, Zeiss, Thermo Scientific, Fisher Scientific, Protein Simple, Tuttnauer, and NanoString Technologies," added Nick Jimenez, Vice President of Global Business Development, Liquidity Services.

Highlights include

    BioRad CFX96 qPCR (2)
    Eppendorf microfuge 5424R (refrigerated) (8)
    SII Lago in vivo imaging device
    Stacked MaxQ 8000 orbital bacterial shakers (2)
    NanoString MAX system
    BD Fortessa X-20 flow cytometer
    Tuttnauer autoclave

General lab equipment includes hot plates, stirrers, shakers, pipettes and pipette aids, glass and plasticware, along with laboratory consumables and wire racking.

The auction features a total of 47 lots of office furniture, IT equipment and miscellaneous support equipment. Office assets include caster lab stools and chairs, stainless-steel tables, cabinets, shelving, work tables, breakroom appliances, wooden chairs and office chairs.

"With respect to IT and electronics, there are computers, monitors, TVs, printers—including a 3D printer—and a server rack, among other items," Coehlo noted. "Bidders also will find general tools like drill presses that are in great condition."

About Liquidity Services:

Liquidity Services operates the world's largest B2B e-commerce marketplace platform for surplus assets with over $10 billion in completed transactions to more than five million qualified buyers and 15,000 corporate and government sellers worldwide. The company supports its clients' sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.

For more information please visit,https://liquidityservices.com/

Company Name: Tiger Group
About Company: Tiger Capital Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively.
Person of Contact: Maria Hoang
Designation: Manager