Renishaw Diagnostics Ltd, a subsidiary of FTSE 250 listed Renishaw plc, has won funding from Innovate UK to accelerate development of a diagnostic assay that will identify patients carrying bacteria resistant to an important last line in antibiotic therapy. The development contract, worth £150,000, has been awarded as part of a £10M, two-phase competition to […]
SANTA CLARA, Calif., and HOUSTON — Agilent Technologies Inc. (NYSE: A) and Lasergen, Inc. announced that Agilent is investing $80 million in Lasergen, an emerging biotechnology company with innovative next-generation sequencing technology. With this investment, Agilent will acquire a 48-percent ownership stake in privately held Lasergen and will join the board. Agilent has the option […]
CHELMSFORD, Mass.,- Brooks Automation, Inc. (Nasdaq:BRKS), a leading worldwide provider of automated and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences, announced a restructuring today intended to streamline its business operations, advance its market responsiveness, and achieve approximately $15 million of annualized cost savings. As part of the restructuring, Brooks announced that […]
SomaLogic, Inc., and Visium Healthcare Partners, LP announced that SomaLogic will receive up to $60.5 million through a combination of debt and equity financing from Visium. The proceeds will be used to support SomaLogic’s continued growth, including its primary focus on the development of novel life science tools and clinical diagnostics based on the Company’s […]
SOUTH EASTON, Mass., – Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” and the “Company”), a leader in the development and sale of broadly enabling, pressure cycling technology (“PCT”)-based sample preparation solutions to the worldwide life sciences industry, announced it has closed the first tranche of the over-subscription amount of its $5 million Private Placement (the “Offering”) […]
WALTHAM, Mass. – Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that its board of directors has declared a quarterly cash dividend of $0.15 per share. The dividend will be paid on April 15, 2016, to shareholders of record as of March 15, 2016. About Thermo Fisher Scientific Thermo Fisher […]
COLUMBUS, Ohio — GenomeNext, LLC, a leader in genomic data management and integrated analysis, announced today that it has raised $1.2 million in seed financing in a funding round led by Hydra Capital and private investors. GenomeNext has developed and launched an innovative and powerful bioinformatic pipeline creating an integrated, turn-key solution that delivers unequaled […]
Jena (Germany), — The extraordinary General Meeting called by Analytik Jena AG, which was held in Jena at the corporate headquarters, approved with a majority vote to transfer the shares of the minority shareholders of the Company to the majority shareholder, Endress+Hauser (Germany) AG+Co. KG (Endress+Hauser). In total, 99.47 % of the share capital represented […]
New Brunswick, NJ — James M. Golubieski, president of Foundation Venture Capital Group, LLC, announced that the company has made a $500,000 commitment to Visikol, Inc., a new start-up company from Rutgers University that has developed a versatile biological clearing agent called Visikol that penetrates tissue and renders it transparent without causing structural damage. The […]
Endress+Hauser was able to hold its ground during the 2015 fiscal year despite a difficult business environment. Although net sales increased 6.6 percent to 2.1 billion euros, preliminary financial figures show the impact of the strong Swiss franc on earnings. “2015 was marked by currency rate fluctuations,” says Dr Luc Schultheiss, Chief Financial Officer (CFO) […]
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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.
