Nanologica AB has signed a credit line of up to MSEK 50 with the company’s main owner Flerie Invest AB. The aim is to cover the company’s temporary financial needs pending expected cash flows from the preparative chromatography business, to meet the requirement of going concern for the next twelve months. This loan financing is […]
PLEASANTON, Calif., — 10x Genomics, Inc. (“10x Genomics”) today announced the pricing of its initial public offering of its Class A common stock at a price of $39.00 per share, before underwriting discounts and commissions. 10x Genomics is offering 10,000,000 shares of its Class A common stock, plus up to an additional 1,500,000 shares of […]
BOULDER, Colo. — InDevR, Inc., a biotechnology company focused on developing and commercializing novel analytical technologies for biologic process development and monitoring, today announced that it has raised a $7 million Series A round of equity financing from Adjuvant Capital (“Adjuvant”). The investment from Adjuvant will support research and development activities and allow InDevR to build out a global […]
Cambridge, UK – Lightcast Discovery Ltd (“Lightcast”), an early stage developer of a next-generation microfluidic platform aiming to revolutionise complex cell analysis, today announces that it has raised £1.3 m (USD 1.6m) in seed financing from private investors to develop the capabilities and applications of its platform including continuing to expand its range of pilot studies. […]
SAN DIEGO– SGI-DNA, a company dedicated to developing transformative synthetic genomics technologies and revolutionary DNA data storage solutions, has completed a $25 million Series A financing round led by Northpond Ventures, with participation from Oxford Finance and BroadOak Capital Partners. Proceeds of the financing will support the global commercial launch of the industry’s first fully […]
BellBrook Labs was awarded a Phase I grant of $225,000 to develop biosensors for detection of chromatin modifying enzymes, such as acetyltransferases and methyltransferases, in collaboration with University of Utah chemist Jennifer Heemstra. The collaboration leverages nucleic aptamer technology being developed by Dr. Heemstra to streamline development of assays for epigenetic enzymes being targeted for […]
Oxford, UK. Oxford Nanopore Technologies Ltd, the UK-based technology company that has designed and sells the world’s only portable DNA/RNA sequencer, has raised £100 million ($126 million) in new funding through a private placement of ordinary shares. The investment round was led by new investor GT Healthcare Capital Partners (“GT Healthcare”), a pan-Asian fund with […]
Eden Prairie, Minn. – MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that as a result of its inability to timely file its Annual Report on Form 10-K for the fiscal year ended October 1, 2016 (the “Annual Report”), it has received a notice from The Nasdaq Stock Market […]
MILFORD, Mass.– Waters Corporation (NYSE: WAT) today announced Sherry Buckas its Senior Vice President and Chief Financial Officer effective January 9, 2017. Ms. Buck replaces Eugene G. Cassis, Waters Corporation CFO since February 2014, who will transition to a senior advisory role. “On behalf of our Board of Directors and Executive Committee, I am pleased to welcome Sherry Buck to Waters as our […]
ZEISS will provide 1 million euros for innovative research projects at the EPFL OBERKOCHEN/Germany ZEISS will support innovative research projects at the Swiss Federal Institute of Technology in Lausanne (École polytechnique fédérale de Lausanne, abbr. EPFL). The company will make one million euros available for new research projects in key technology fields such as biomedical […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.