GRAND RAPIDS, Mich. – X-Rite, Incorporated (NASDAQ:XRIT) today announced that both Moody’s Investors Service (Moody’s) and Standard & Poor’s Ratings Services (S&P) recently upgraded their respective corporate credit ratings on X-Rite. Moody’s upgraded X-Rite’s corporate family rating to B2 from B3, and the rating on the first lien senior secured credit facilities to B1 from […]
International Stem Cell Corporation (OTCBB:ISCO), www.internationalstemcell.com, announced today that it had entered into an agreement with Aspire Capital Fund, LLC, to provide, at the Company’s sole option, up to $25 million of equity capital over the next three years. As part of this transaction, Aspire purchased, upon execution of the agreement, 333,333 shares of ISCO […]
Accelerate Application Development for Its Droplet Digital™ PCR Platform and Establish Commercial Operations by 2011 PLEASANTON, Calif. – QuantaLife, Inc. announced today that it has closed a $17.2M Series B financing. The majority of the proceeds will be used to establish commercial operations for introduction of its first product, the Droplet Digital™ PCR platform, into […]
NEW YORK – Fitch Ratings has assigned a ‘BBB-‘ rating to Life Technology Corp.’s proposed $600 million unsecured notes. Fitch anticipates that proceeds of the notes offering will be used to refinance existing debt as well as for other general corporate purposes. Fitch currently rates Life Technologies as follows: –Issuer Default Rating (IDR) ‘BBB-‘; –Senior […]
CARLSBAD, Calif. – Life Technologies Corporation (NASDAQ:LIFE) announced today that it has priced the announced offering of $400 million aggregate principal amount of 3.50% Senior Notes due 2016 at an issue price of 99.840 percent of their face value and $400 million aggregate principal amount of 5.00% Senior Notes due 2021 at an issue price […]
Gaithersburg, Maryland, USA and Hyderabad, Andhra Pradesh, India – Ocimum Biosolutions today announced its growth plans after having closed funding worth $8 million from multiple sources, including founders and existing shareholders, in order to cater to the growing demand for its integrated genomic services and to provide unparalleled, hassle-free user experience by enhancing its RaaS […]
CULVER CITY, Calif. – Sofie Biosciences, a developer of agents and devices for the molecular imaging of disease, announced today the closing of an additional $2 million from new and existing investors. Funds will be used for the development of new PET imaging agents and for enhancements to their PET imaging systems and chemistry units. […]
Company Also Recognized for Sustainability by NASDAQ and Maplecroft Indices CARLSBAD, Calif. – Life Technologies Corporation (NASDAQ: LIFE), a provider of innovative life science solutions, announced it was named a member of the Dow Jones Sustainability World Index for the third year in a row. Life Technologies also announced its debut on the NASDAQ Global […]
SOUTH SAN FRANCISCO, Calif. – Fluidigm Corporation announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of Fluidigm’s common stock. Fluidigm develops, manufactures and markets microfluidic systems for growth markets in the life science and agricultural biotechnology, or […]
SAN DIEGO – Sequenom, Inc. (Nasdaq: SQNM) today announced the pricing of an underwritten public offering of 14,000,000 shares of its common stock, offered at a price to the public of $6.00 per share. The gross proceeds to Sequenom from this offering are expected to be $84.0 million, before deducting underwriting discounts and commissions and […]
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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.
