Menlo Park, Calif. – Pacific Biosciences of California, Inc. (NASDAQ: PACB), developer of single molecule, real-time (SMRT™) technology for biological analysis, announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at $16.00 per share. All shares are being sold by the company. The Company is also offering its […]
UK-based nanoTherics, a company at the cutting edge of commercialising devices for improved gene transfection which facilitate research into genetic diseases disorders, is successful in closing a funding round of £1.1m. Catapult Venture Managers and Mercia Technology Seed Fund are the key investors, with Mercia investing a further £200k alongside Catapult’s injection of £600k from […]
Experts in Scientific Research to Provide Insight on Future Product Development WALTHAM, Mass. – Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced that it has formed a Scientific Advisory Board to formalize the two-way exchange of technological information between the company and representatives from some of the world’s premiere centers […]
NanoInk, parent company of the NanoGuardian, NanoFabrication, NanoProfessor and NanoBioDiscovery Divisions announces a $65 million financing to further expand commercial activities SKOKIE, Ill. – NanoInk, Inc. ® announced today a $65 million financing led by Lurie Investments. The financing will be used to convert outstanding debt to equity and to provide working capital to expand […]
Lawrenceville, NJ – CambridgeSoft repurchased all stock held by Edison Ventures. Total Edison proceeds of $40 million represents 11X return on initial investment and 3X follow-on investment. Most of Edison’s $5 million investment was secondary purchases from early shareholders in this highly cash flow positive company. CambridgeSoft is leading supplier of research software for pharmaceutical, […]
CARY, N.C. – SciQuest, Inc. (Nasdaq: SQI) a leading provider of on-demand strategic procurement and supplier enablement solutions, today announced the initial public offering of 6,000,000 shares of its common stock at $9.50 per share. The shares will begin trading on Friday, September 24, 2010 on the NASDAQ Global Market under the ticker symbol “SQI.” […]
SANTA CLARA, Calif. – Agilent Technologies Inc. (NYSE:A) today announced that it has joined Change the Equation (CTEq), a CEO-led initiative to cultivate widespread literacy in science, technology, engineering and math (STEM). CTEq hopes to achieve President Obama’s Educate to Innovate campaign mission of increasing private and philanthropic involvement in STEM education, as well as […]
· Consolidation of Acquisitions, Improved Operations intended to reduce annualized operating expenses by more than $4 million. · Company Cash, Cash Equivalents and Short-Term Investments approximated $34 million at July 31, 2010, same as three months earlier. · Fiscal 2010 Fourth Quarter Year over Year Revenue Increase Expected, Gross Margins Consistent; exclusive of one-time and […]
Woburn, MA – Energetiq Technology, Inc., a developer and manufacturer of ultrahigh-brightness light sources for advanced technology applications, today announced that it has built a clean manufacturing facility at its Massachusetts location. The 800 sq. ft. clean room will provide Class 1000 assembly capability that will be used for optics assembly and manufacturing for Energetiq’s […]
ROCKVILLE, Maryland and SEOUL, Korea – Seegene today announced its successful initial public offering on the KOSDAQ (Korea Securities Dealers Automated Quotations). The company sold 636,500 shares for USD 26.16 (WON 30,500) each, raising USD 16.6 million and giving Seegene a market capitalization of USD 167 million. The company plans to invest the fresh capital […]
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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.
