MADISON, WIS.-— Cellular Dynamics International (CDI; Nasdaq: ICEL), today announced that the National Eye Institute (NEI), a division of the National Institutes of Health (NIH), awarded the company a $1.2 million contract to manufacture clinically compatible induced pluripotent stem cells (iPSCs) and iPSC-derived human retinal pigment epithelial (RPE) cells. These cells will be manufactured from […]
OMAHA, Neb. — Transgenomic, Inc. (NASDAQ: TBIO) announced today that it has raised gross proceeds of approximately $2.375 million in a private placement financing with a syndicate of new and existing institutional and other accredited investors. The Company’s common shares were priced at $3.25 per share, which represents a premium to the closing stock price […]
Cambridge, MA — Seven Bridges Genomics, Inc. announced today that it has been awarded a 5.8 million dollar contract as a part of the National Cancer Institute’s Cancer Genomics Cloud Pilot Initiative. The goal of the project is to increase the speed of biomedical discovery by democratizing access to the world’s largest cancer genomics datasets. […]
TUCSON, AZ — CDEX Inc. (OTCQB: CDEX), a pioneering developer, manufacturer and distributor of patented, real-time chemical detection and validation technologies for the healthcare and security markets, today announced that it has secured an aggregate $430,000 line of credit from the Company’s CEO, Jeffrey Brumfield, and one of CDEX’s largest shareholders. Funds drawn against the […]
SomaLogic, Inc., announced today that Novartis has extended its multi-year research agreement for the development and application of SomaLogic’s unique proteomics technology to Novartis’ drug discovery and development efforts. Novartis will also take an equity position in SomaLogic under the agreement extension. Under the previous collaboration agreement, scientists at the Novartis Institutes for BioMedical Research […]
CULVER CITY, Calif. -— SOFIE BIOSCIENCES, a leader in the field of Positron Emission Tomography (PET) imaging, including probes, scanners, and chemistry systems, announced today that the National Cancer Institute (NCI) has awarded the company a Phase II Small Business Innovation Research (SBIR) contract for approximately $1.5M over two years. This contract will support the […]
WILMINGTON, Mass.– Implant Sciences Corporation (OTCQB: IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, announced today that the U.S. Department of Homeland Security has selected Implant Sciences’ proposal to develop next generation explosives trace detection (ETD) screening systems for funding. The project, pending successful negotiations, is worth up […]
PORT WASHINGTON, N.Y. — Pall Corporation (NYSE:PLL) today announced that its board of directors declared a nearly 11 percent increase in the company’s quarterly dividend from the current rate of $0.275 to $0.305 per share. The dividend of $0.305 is payable on November 10, 2014 to shareholders of record on the close of business on […]
Redwood City, CA — The US Department of Veterans Affairs (VA) has awarded a $1M contract for whole genome, whole exome, and SNP Chip DNA data analysis to Bina Technologies, Inc., as part of the VA’s Million Veteran Program (MVP), which aims to enroll 1 million veterans over the next years. Bina Technologies will provide […]
ALAMEDA, Calif. — BioTime, Inc. (NYSE MKT: BTX) today announced that it has closed the equity financing it disclosed on October 3, 2014, through which BioTime received $29,425,961 and certain subsidiaries received approximately $1,558,905 from the sale of BioTime common shares. BioTime and the subsidiaries intend to use the net proceeds from their sales to […]
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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.
