MADISON, Wis. – BioSystem Development, creator of the AssayMAP® microchromatography technology, announces the recent closure of a fully-subscribed fundraising round, raising just over 1 million dollars (USD). A total of $750,000 of new equity was raised from individual angel investors and a loan from the Madison Development Corporate Venture Debt Fund contributed $300,000. The proceeds […]
Albuquerque, N.M. – nanoMR, Inc., today announced that the company has raised $13 million in equity financing. Excel Venture Management led the round, joined by Healthcare Ventures, and existing investors vSpring Capital, The Dow Chemical Company, and Sun Mountain Capital. Dr. Steven Gullans of Excel and Gus Lawlor of Healthcare Ventures will join the board. […]
SARASOTA, Fla. – Roper Industries, Inc. (NYSE: ROP) announced today that its Senior Subordinated Convertible Notes due 2034 (CUSIP No. 776696AA4) (the “Notes”) will accrue contingent interest for the semi-annual period beginning July 16, 2011. Contingent cash interest of approximately $1.29 per Note is expected to be paid on January 16, 2012 to holders of […]
Toronto, Canada and Sunnyvale CA, USA – DVS Sciences, Inc., a privately held innovator and manufacturer of highly multi-parameter single-cell analyzers and reagents for biological research and clinical applications, announced today that it has secured US $14.6 million in a Series A venture financing round. The proceeds will be used to accelerate the company’s commercial […]
Houston, Texas – Senscient, Inc. announced today that the company has secured a significant investment to support the global deployment of it multi-gas detection system. The technology detects combustible and toxic gases and significantly increases the level of safety at industrial sites. Lime Rock Partners, a global energy-focused private equity firm, led the Series C […]
WHITE PLAINS, N.Y. — ITT Corporation (NYSE: ITT) today announced in connection with its previously announced plan to pursue a separation into three distinct, publicly traded companies that Form 10 Registration Statements have been filed with the U.S. Securities and Exchange Commission (SEC) for ITT’s water-related businesses and ITT’s Defense & Information Solutions segment. Presentations […]
SAN DIEGO – Daylight Solutions, Inc. today announced the closing of a $15M Series C equity financing with Northrop Grumman Corporation (NYSE:NOC) as the lead investor, together with several of the company’s existing investors. The Series C financing will enable the company to continue its high rate of growth, while further maturing and advancing its […]
SANTA CLARA, Calif. – Affymetrix, Inc. (Nasdaq: AFFX) today reported that based on preliminary financial data, the Company expects total revenue for the second quarter of 2011 to be in the range of $64-65 million. The Company expects product revenue for the second quarter of 2011 to be approximately $58-59 million, including consumable sales of […]
VENLO, The Netherlands – QIAGEN N.V. (NASDAQ: QGEN; Frankfurt, Prime Standard: QIA) today announced that its common shares were added to the U.S. large-cap Russell 1000 Index and the broad-market Russell 3000 Index. This change came into effect when Russell Investments reconstituted its equity indexes after the close of markets on June 24, 2011. The […]
SOUTH EASTON, Mass. – Pressure BioSciences, Inc. (Nasdaq:PBIO) (“PBI” or the “Company”) today announced that Mr. Jeffrey N. Peterson, CEO of Target Discovery, Inc. (Palo Alto, CA), was elected to the Company’s Board of Directors effective Tuesday, June 21, 2011. The Company also announced that it has received gross proceeds of approximately $275,000 from the […]
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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.
