Toolpoint is a vertical cluster initiative for Life Science Instrument (Tool) Companies (LSIC) with a special focus on “liquid handling”. Toolpoint is active in the areas of technology transfer, innovation, commercial cooperation, competence acquisition and concentration as well as in location marketing.
Toolpoint was founded in 2003 by the life science instruments industry in order to actively promote the development of the emerging/up-and-coming Life Science Instruments branch and to take full advantage of the technical know-how resources available at the local universities. Toolpoint primarily addresses the needs of its industry members and works according to its ‘Pull Principle’, i.e. its overriding objective being to fulfill its members’ needs. As such Toolpoint initiates and manages industry platforms, expert groups, projects and events.
Toolpoints’ vertical operation allows for a combination of know-how along the value-added chain. Universities, suppliers, the life science instrument industry and its customers are involved according to a project’s focus.
Toolpoint represents about 50% of the global market share in “liquid handling”. Twenty-nine industrial companies (LSIC and suppliers) are members of Toolpoint, as well as universities and supporting partner companies.
- boosts innovation by actively catalyzing technology transfer
- initiates and coordinates platforms, projects and expert groups in order to implement requirements. Specialists from expert groups and project teams are appointed by participating companies
- opens doors for start-ups, spin-offs and newcomers and facilitates their rapid entry and integration into the market
- generates benefits by combining competencies across member companies with common interests in order to increase their competitiveness by reducing costs, increasing efficiency and enabling inter-company projects and collaborations.