Eden Prairie, Minn. – MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today reported preliminary financial results for its fiscal 2016 full year ended October 1, 2016. The company also announced that it has initiated an internal investigation into apparent violations of the company’s code of conduct involving certain employees […]
Highly integrated molecular genetics portfolio delivers significant revenue growth and sustainable profit Oxford, UK. Oxford Gene Technology (OGT), The Molecular Genetics Company has announced continued strong sales of its highly integrated molecular genetics product portfolio, delivering sustainable, profitable growth. Commercial and financial highlights for the year ended 30 Septembershow the company delivering product sales of £18.4m, up 29% […]
SOUTH SAN FRANCISCO, Calif. — Fluidigm Corporation (NASDAQ:FLDM) announced today that its Board of Directors has adopted a plan, known as a Tax Benefit Preservation Plan, designed to preserve the significant potential long-term tax benefit associated with Fluidigm’s net operating loss carryforwards. Fluidigm intends to seek stockholder approval of the plan at its 2017 annual meeting […]
Announcement of increased capital follows Genalyte’s presentation of clinical study data demonstrating the feasibility of whole blood testing in a near patient setting SAN DIEGO Genalyte, Inc. announced today that the company has raised an additional $36 million in its latest financing round, led by Khosla Ventures and Redmile Group. The San Diego based biotech company […]
FREMONT, Calif. — WaferGen Bio-systems, Inc. (NASDAQ: WGBS), a publicly held genomics technology company (“WaferGen”), today announced that its stockholders have approved the adoption of the previously announced merger agreement by and among WaferGen, Takara Bio USA Holdings, Inc. (“Takara Bio”) and certain other parties thereto. “We are very pleased with the outcome of today’s […]
SCIEX’s donation to the WCRF following several significant research partnerships with world-leading cancer scientists to advance the promise of Precision Medicine FRAMINGHAM, MA — SCIEX a global leader in life science analytical technologies, has today announced its donation of US$11,000 to the World Cancer Research Fund (WCRF), which funds and supports vital scientific research into […]
BellBrook Labs was awarded a Phase I Small Business Innovative Research (SBIR) grant of $353,000 from the National Institute on Alcohol Abuse and Alcoholism for pharmacological validation of GIV, a nonreceptor guanine nucleotide exchange factor (GEF), as a therapeutic target for liver fibrosis. BellBrook will use proprietary high throughput GTPase assay methods to identify small […]
Public soft loans of €1.2 million and grants of € 0.75 million to fund R&D collaboration of SYGNIS AG with the Spanish National Center for Molecular Biology, San Carlos Hospital and the R&D foundation Juan Dominguez Madrid, Spain and Heidelberg, Germany – SYGNIS AG (Frankfurt: LIO1; ISIN: DE000A1RFM03; Prime Standard) announced today that the Spanish […]
LAB7 SYSTEMS SECURES $3.0M FINANCING TO FUEL PLATFORM GROWTH AND COMMERCIAL EXPANSIONBoosts scalable software platform for data-intensive life science applications AUSTIN, TX – Lab7 Systems, Inc., a leader in workflow management for data-intensive life science applications, announced today the closing of $3.0 million of its planned $5.0 million Series A financing. The company’s Enterprise Science […]
Series B Funding Round Totals $45 Million from Syndicate of Life Sciences and Technology Investors BOSTON, Mass. – Emulate, Inc. today announced that it has expanded its Series B financing with an additional $17 million in equity funding, bringing the total amount raised in the Series B round to $45 million. The expanded funding from […]
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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.
