908 Devices, a pioneer of purpose-built analytical devices for chemical analysis, today announced it has closed $11.6 Million in Series C funding bringing its funding total to $27.6 Million. Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Arabia’s National Oil Company, Saudi Aramco, led the round. Prior investors ARCH Venture Partners, Razor’s […]
TUCSON, Ariz.– HTG Molecular Diagnostics, Inc., a provider of instruments and reagents for molecular profiling applications, today announced the pricing of its initial public offering of 3,570,000 shares of its common stock at an initial public offering price of $14.00 per share. All of the shares of common stock are being offered by HTG. The […]
MENLO PARK, Calif. — Pacific Biosciences of California, Inc. (Nasdaq:PACB), provider of the PacBio® RS II Sequencing System, today announced that it has achieved a second development milestone under its development, commercialization and license agreement with F. Hoffman-La Roche Ltd (Roche), earning an additional $10 million. The development, commercialization and license agreement with Roche covers […]
ALEXANDRIA, VA -– Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank today announced the closing of a credit facility, including a $10 million senior secured term loan and a $7 million line of credit, with Labcyte Inc. Labcyte is a […]
SAN DIEGO, CA — MyDx, Inc., Nevada corporation (PINKSHEETS: MYDX) (the “Company”), has completed a reverse merger on May 5, 2015 pursuant to which CDx, Inc., a Delaware corporation, became a wholly owned subsidiary of the Company. The Company trades on the OTC Markets under the symbol “MYDX”. The Company intends to “up-list” to the […]
GAITHERSBURG, Md.– OpGen, Inc. (Nasdaq:OPGN) today announced the pricing of its initial public offering of 2,850,000 units, with each unit consisting of one share of common stock and a warrant to purchase one share of common stock, at a combined price to the public of $6.00 per unit. All of the units are being offered […]
ANDOVER, Mass. — MKS Instruments, Inc. (Nasdaq:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that its board of directors has authorized a quarterly cash dividend of $0.17 per share, an increase since its most recent dividend of $0.165 per share, payable on June 12, 2015 to shareholders of […]
Cobalt Light Systems has received a European Union grant to investigate revolutionary high-speed quantitative analysis in pharmaceutical manufacturing. The Horizon 2020 grant will allow Cobalt to develop the high-speed analysis market using its transmission Raman spectroscopy (TRS) technology for tablet and capsule manufacturing. TRS is already available in a desktop instrument, but its unique combination […]
Freiburg — The cy-Clone, cytena’s newest innovation, is a laboratory device that enables the gentle separation of cells. In order to set up its marketing and distribution channels and to standardize its production processes, the company required start-up capital. “During our fundraising we greatly benefitted from the fact that since 2010 our laboratory units have […]
Lyon Gerland, France — Novasep, a leading supplier of manufacturing solutions to Life Science industries, announces its audited consolidated results for the period ended December 31, 2014. Over the course of the year, the company continued to successfully implement its ‘Back to Basics’ strategy, including several key moves: Divestment of Pharmachem leading to a €30m […]
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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.
