Boston, MA and Leuven, Belgium — Cartagenia, leader in providing genetic labs and clinicians with software-based workflow support for variant assessment, lab reporting, and integration of diagnostic knowledge-bases, today announced that it is part of a three-member consortium called Lungcadia that has won a three-year, €1.4 million ($1.76 million) EuroTransBio research grant to develop a […]
WEST LAFAYETTE, Ind. – Officials at a life sciences startup based on a Purdue University innovation say their technology could help pharmaceutical companies find more effective drug candidates and improve the results of personalized cancer care. David Nolte, president of Animated Dynamics Inc., said pharmaceutical companies screen millions of compounds annually to find new drug […]
SANTA CLARA, Calif.– Agilent Technologies Inc. (NYSE: A) today announced it has completed the spinoff of its electronic measurement business, Keysight Technologies. Keysight will begin trading on the New York Stock Exchange today under the symbol KEYS. The separation was implemented through a spinoff of Keysight’s common stock and is intended to be tax-free for […]
Washington D.C. — The Securities and Exchange Commission today charged a clinical diagnostic and life science research company based in California with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand in order to win business. An SEC investigation found that Bio-Rad Laboratories […]
A California-based medical diagnostics and life sciences manufacturing and sales company, Bio-Rad Laboratories Inc. (Bio-Rad), has agreed to pay a $14.35 million penalty to resolve allegations that it violated the Foreign Corrupt Practices Act (FCPA) by falsifying its books and records and failing to implement adequate internal controls in connection with sales it made in […]
Hercules, CA — —Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb), a global provider of life science research and clinical diagnostic products, today announced the full resolution of previously disclosed investigations by the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) into past violations of the Foreign Corrupt Practices Act (FCPA) that occurred […]
ST. LOUIS — Sigma-Aldrich Corporation (NASDAQ: SIAL), a leading Life Science and Technology company, today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission regarding the pending acquisition of the Company by Merck KGaA, Darmstadt, Germany, and has set the date for a special meeting of stockholders to […]
RADNOR, Pa. — VWR Corporation (NASDAQ: VWR), a leading, independent provider of laboratory products, services and solutions, announced today that the underwriters of its initial public offering have exercised their over-allotment option to purchase an additional 3,826,700 shares at the initial public offering price of $21.00 per share, resulting in gross proceeds of approximately $80.4 […]
Dublin — Adama Innovations Ltd, an early stage company focused on deploying nanotechnology to common manufacturing processes, has secured €750,000 in seed-funding. The investment will enable Adama to scale up production of their first product, a nano-scale probe fabricated from diamond, used in atomic force microscopy (AFM), which images, measures, and manipulates matter at the […]
Minneapolis — Techne Corporation (NASDAQ:TECH), (d/b/a Bio-Techne) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended September 30, 2014. The quarterly dividend will be payable November 24, 2014 to all common shareholders of record on November 10, 2014. Future cash dividends will be considered […]
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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.
