SANTA CLARA, Calif.– Affymetrix, Inc. (Nasdaq: AFFX) today reported that based on preliminary financial data, the Company expects total revenue of approximately $80 million for the third quarter of 2012, with revenue of approximately $18 million from the eBioscience business. The Company expects to report cash-on-hand of approximately $39.6 million as of September 30, 2012, […]
Cambridge, MA – GnuBIO, today announced that it has completed a $10 million Series B round of equity financing from a group of private investors which include existing Series A shareholders. The funding will be used to commercialize the company’s desktop DNA sequencing platform, hire additional staff in product development, molecular biology, informatics and software […]
COLOGNE, Germany—- Bruker Energy & Supercon Technologies, Inc. (BEST) today announced the receipt of three contracts from Brookhaven National Laboratory (BNL) valued at $5.5 million for beamline components for the National Synchrotron Light Source (NSLS-II) under construction in New York, as well as four other contracts for beamline experimental stations from customers in Korea, Taiwan, […]
Frederick, MD —— Akonni Biosystems, a life science tools/molecular diagnostics company, has been awarded a $280,784 grant by NIH to develop a fully automated sample preparation workstation for isolating nucleic acids from lysis-resistant targets. The system will initially be used for general research, and eventually in clinical settings. This award enables Akonni to develop a […]
PORT WASHINGTON, N.Y., – The board of directors of Pall Corporation (NYSE:PLL) today declared a 19-percent increase in the company’s quarterly dividend from the current rate of $0.21 to $0.25 per share. “Pall continues to generate strong cash flow to support our growth plans while also delivering returns to shareholders,” said Pall President and CEO […]
LAKE FOREST, Ill.– IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.20 per common share. The next dividend will be paid October 31st, 2012 to shareholders of record as of October 15th, 2012. This dividend represents the company’s 72nd consecutive regular quarterly cash dividend payment. […]
SUNNYVALE, Calif., — Cepheid (Nasdaq: CPHD) today announced preliminary revenue results for the 2012 Third Quarter, ending September 30, 2012. Based on current projections, Third Quarter revenue is expected to be in the range of $79 to $81 million, lower than targeted due primarily to intermittent interruptions in the supply of Xpert cartridge parts. The […]
MADISON, Wisconsin –– DNASTAR® announced that it has received a Fast-track Phase I and Phase II SBIR grant award from the National Institutes of Health entitled, “Association Analysis Software for Mining Clinical Next-Gen Sequencing Data”. The funding will support the company’s research and development aimed at expanding its industry-leading sequence assembly and analysis software from […]
LANSING, Mich., – Neogen Corporation (Nasdaq: NEOG) announced today that its net income for the first quarter of FY 2013, which ended Aug. 31, increased 11.8% from the prior year to $6,714,000, or $0.28 per share. This compares to net income of $6,004,000 in the first quarter of FY 2012, or $0.25 per share. First […]
Seventy UK companies, universities and research organisations are to share over £7 million of government funding to undertake research that could lead to the development and commercialisation of innovative approaches to sustainable manufacturing for the process industry. The Technology Strategy Board (www.innovateuk.org) and the Engineering and Physical Sciences Research Council (www.epsrc.ac.uk) will invest the funding […]
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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.
