Today, Advaita Bioinformatics received a Notice of Award from the National Institutes of Health’s (NIH) National Institute of General Medical Sciences (NIGMS) for a Phase II Small Business Investigational Research (SBIR) grant worth $1.76M over three years. Advaita is a leader in the development of methods for the analysis of gene expression data in the […]
Charleston, SC — SCRA Technology Ventures’ SC Launch board approved a first round investment in two South Carolina companies at last month’s board meeting in Spartanburg. IMCS, located in Columbia and Recleim, located in Graniteville, each received approvals. These are the first rounds of SC Launch funding for both companies. The SC Launch board also […]
Jena, Germany – Analytik Jena AG (Prime Standard: AJA, ISIN: DE0005213508) is planning to merge the business of its subsidiary CyBio AG, also headquartered in Jena, with its core business in the Life Science business unit. Against this backdrop, CyBio AG, a provider of modern liquid handling and laboratory automation technology for global drug discovery […]
Toronto, Ontario — SQI Diagnostics Inc. (“SQI” or the “Company”) (TSX-V: SQD), a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announced that it has closed its previously announced public offering (the “Offering”). Pursuant to the Offering, SQI issued 8,400,000 units of the Company (“Units”) […]
Hamburg — In fiscal year 2013, the Eppendorf Group achieved sales of €502.7 million (prior year: €520.2 million). When adjusted for currency effects, sales were only slightly lower than in the previous year (-0.4%). Income from operations (EBIT) decreased to €93.8 million (prior year: €101.5 million), and 2013 net income declined to €67.5 million (prior […]
VÉLIZY-VILLACOUBLAY, France — Dassault Systèmes FR:DSY +1.59% (euronext paris:#13065)(euronext paris:DSY.PA), the 3D EXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions announces the extension of the tender offer by its wholly owned indirect subsidiary, 3DS Acquisition Corp., to purchase all outstanding shares of Accelrys, Inc. ACCL […]
Minneapolis – Techne Corporation (NASDAQ: TECH), d/b/a Bio-Techne, announced today that it has made a $10 million equity investment in CyVek, Inc. (CyVek), with a commitment to acquire CyVek if certain future milestones are met. CyVek has developed a transformative immunoassay technology, CyPlexTM, which integrates an innovatively designed microfluidic cartridge with a state-of-the-art analyzer to […]
BILLERICA, Mass. –– RainDance Technologies, Inc., an innovative genomics tools company making molecular testing of complex diseases more standardized and readily available, today announced that it has closed a $16.5 million Series E financing round extension. New investors include GE Ventures and Northgate Capital; all existing financial investors also participated in this round of financing. […]
SEATTLE — NanoString Technologies, Inc. (Nasdaq:NSTG), a provider of life science tools for translational research and molecular diagnostic products, today announced that it has entered into a term loan agreement with Capital Royalty L.P. and certain of its affiliates. The agreement provides NanoString with up to $45 million of available borrowing capacity. “Together with the […]
Stockholm, Sweden — — Biolin Scientific (biolinscientific.com) announces today the divestiture of Osstell, a subsidiary focused on dental diagnostic solutions, to the venture capital company Fouriertransform. The transaction price is approximately 33 MSEK (enterprise value) and involves 100% of the shares in Osstell AB. The divestiture of Osstell is expected to be non-dilutive to Biolin […]
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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.
