• Merck on track to achieve objectives for 2018 • Pharma pipeline offers new sales potential of around € 2 billion up to 2022 • Sigma-Aldrich integration will exceed synergy targets by € 20 million thanks to additional top-line synergies • Performance Materials strengthens its market position through investments and is planning the launch of […]
SOUTH SAN FRANCISCO, Calif. — Fluidigm Corporation (NASDAQ:FLDM) today announced preliminary revenue for the third quarter ended September 30, 2016. Estimated total revenue for the third quarter of 2016, based on management’s preliminary analysis, was approximately $22.2 million, a decrease of 23% from $28.6 million in the third quarter of 2015. In the third quarter, […]
SAN DIEGO — Illumina, Inc. (NASDAQ: ILMN) today announced estimated third quarter revenue of approximately $607 million, a 10% increase compared to $550 million in the third quarter of 2015. This unaudited estimate, based on management’s preliminary financial analysis, is lower than the third quarter revenue guidance of $625 million to $630 million. The shortfall […]
SANTA CRUZ, Calif.– SomaGenics has been awarded a $1.8M two-year NIH SBIR Phase II grant to further develop its RealSeq®–AC technology for next-generation sequencing (NGS) of small RNAs such as microRNA. Real-Seq®-AC dramatically reduces bias in small RNA sequencing libraries compared to commercially available library construction methods. “Bias reduction is critical for the discovery of […]
BioBridge Global-Led Biotech Team Awarded $7.8 million Army Contract: Funds Will Help Develop Capability for Large-Scale Manufacturing of Stem Cells A biotech group led by BioBridge Global has been awarded a $7.8 million contract from the Medical Technology Enterprise Consortium for the development of large-scale manufacturing capabilities for clinical-grade stem cells for research and therapeutic […]
Menlo Park, CA, USA — Quantapore Inc. today announced that it has closed a Series C financing round, led by China BioPharma Capital I, a venture capital fund advised by TVM Capital Life Science via its Hong Kong based office. Details of the financing were not disclosed. Quantapore Inc. is developing a novel, single molecule […]
Lyon, France Novasep Holding S.A.S (“Novasep”), a leading global provider of integrated purification and manufacturing solutions to pharmaceutical and other life science industries, announces the launch of an exchange offer and consent solicitation in order to refinance (the “Refinancing”) its outstanding 8.00% Senior Secured Notes due 2016 in the aggregate principal amount of $195,164,000 (the […]
(Athens, Ohio) Global Cooling Inc., the manufacturer of award winning ultra-low temperature Stirling Ultracold freezers, announced today that the company has closed a $5.5-million combination of debt and equity financing. This new funding will allow Global Cooling to expand its manufacturing capabilities and build its sales team to focus on new growth opportunities in the […]
BellBrook Labs has been awarded an $860,000 Phase II SBIR grant from the National Institutes of General Medical Sciences to develop an innovative methyltransferase assay for epigenetic drug discovery. The company’s scientists engineered a fluorescent light switch into a bacterial metabolite sensor to leap-frog the limitations of conventional reagents. Madison, WI The National Institutes of […]
Austin, TX – VUV Analytics, Inc., the leader in vacuum ultraviolet (VUV) absorption spectroscopy, announced closing of a $6.5 million Series B equity financing. The round was led by new investor New Science Ventures, with participation from S3 Ventures and other previous investors. Vivek Mohindra, Partner at New Science Ventures, has joined the company’s board […]
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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.
