Marlborough, MA – Block Engineering, a leading developer of Quantum Cascade Laser (QCL) based spectrometers, announced today that Michael L. Bickford, of Vero Beach, Florida, has made a major equity investment and has become a Director. Daniel J. Cavicchio, Jr., Executive Chairman, said: “I am very pleased that Michael has decided to join our company. […]
Horizon Discovery (Horizon), a leading provider of research tools to support the development of personalized medicines,has announced that it has received €1.2M ($1.6M) grant funding from The Seventh Framework Programme (FP7) and has joined the COLTHERES (Colon Cancer and Therapeutics) Consortium. The grant will be used to fund the development of new X-MAN cell-lines that […]
GRAND RAPIDS, Mich. – X-Rite, Incorporated (NASDAQ:XRIT) today announced that the Company has entered into a new $225 million Senior Secured Credit Facility with Bank of America, Fifth Third Bank, and GE Capital Corporation as co-lead and syndication agents (the Refinancing). This facility provides for a revolving credit facility in an aggregate principal amount of […]
Menlo Park, Calif. – SRI International, an independent nonprofit research and development organization, and Collaborative Drug Discovery (CDD), provider of a web-based drug discovery software platform, announced that they have been awarded a grant to support the first year of a software development project focused on tuberculosis drug discovery efforts. The Phase I Small Business […]
RUSNANO has invested $4.5 million dollars in a project to expand production of label-free biodetectors and bionanoslides with their American developer, BiOptix Diagnostics, Inc. Two American venture capital funds, Boulder Ventures, Ltd. and Peierls Foundation, and private investors have invested another $4.5 million in authorized capital of BiOptix. The project, which has a total budget […]
Boulder, Colorado. BiOptix Diagnostics, Inc., a Boulder, CO based analytical instrumentation firm, announced today the closing of $9M Series B financing. The $9M round was led by The Russian Corporation for Nanotechnologies (“RUSNANO”) which was joined in the round by Boulder Ventures Ltd., Peierls Foundation, and several private investors. “RUSNANO has collaborated with high technology […]
PHILADELPHIA – BioNanomatrix, Inc., a developer of nanoscale, single-molecule imaging and analysis platforms designed to dramatically reduce the time and cost needed to analyze the genome, has closed a $23.3-million Series B round of equity financing. Domain Associates, based in Princeton, N.J., and San Diego, Calif., led the round, with new investor Gund Investment Corporation […]
SAN DIEGO – TriLink BioTechnologies, Inc. (TriLink) was recently awarded a Phase I SBIR Grant of approximately $100,000 by the National Institutes of Health to develop a Hot Start approach for Ligase Chain Reaction (LCR). Hot Start LCR will employ chemically modified ligation components containing thermolabile protecting groups to eliminate common performance problems seen in […]
SAN DIEGO – Illumina, Inc. (NASDAQ:ILMN) today announced its intention to offer, subject to market and other conditions, approximately $800 million principal amount of Convertible Senior Notes due 2016 through offerings to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes will be convertible […]
Goettingen – At today’s meeting, the Supervisory Board of Sartorius AG resolved to approve the Executive Board’s dividend proposal. Accordingly, the Executive Board and the Supervisory Board will submit this proposal to the Annual Shareholders’ Meeting on April 20, 2011, to raise dividends to 0.62 euro per preference share (previous year: 0.42 euro) and 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.
