Santa Clara CA 12/18/07—Affymetrix has agreed to acquire USB, a manufacturer of molecular biology and biochemical reagents, for approximately $75 million in cash. Based in Cleveland, Ohio, USB offers three major product lines: molecular biology enzymes and kits, biochemical reagents and products for membrane protein research. “The integration of USB’s biochemical reagents with Affymetrix’s current […]
In September, DeltaNu appointed Gilden Photonics as its new distributor for the UK and Ireland. Polychromix signed a strategic investment and technology advancement agreement with In-Q-Tel. Scinco named Cosa Instruments the exclusive US distributor of its PDA UV/Vis spectrophotometers. Ocean Optics, a Halma company, promoted Rob Randelman, PhD, vice president of Sales and Marketing, to […]
Waltham, MA 12/19/07; Fort Lauderdale, FL 12/19/07—PerkinElmer has definitively agreed to acquire Pediatrix Medical Group’s newborn metabolic screening business and its StepOne newborn screening product for cash. Pediatrix’s newborn screening laboratories provide neonatal screening and collaborative services to hospitals, medical groups, five states (Maryland, Mississippi, Louisiana, Nebraska, Pennsylvania) and the District of Columbia. The business […]
Kyoto, Japan 11/22/07—-Chromatography supply company YMC has purchase Cellular Process Chemistry GmbH (CPC) for an undisclosed sum. Founded in 1999 and based in Mainz, Germany, CPC produces plate-based microreactor systems for fine chemical synthesis.
BIA Separations announced that the European Patent Office confirmed the revocation of European Patent 0765183B1 owned by GE Healthcare, stating that the patent’s technology was anticipated by prior art. Novasep Process signed a partnership agreement with Proxcys Downstream Biosystems BV to develop products for the downstream processing of biomolecules. Under a collaboration agreement announced in […]
Billerica, MA 12/3/07—Bruker BioSciences has entered into a definitive agreement to acquire sister company Bruker BioSpin in a transaction valued at $914 million. Bruker BioSciences will offer $388 million in cash and 57.5 million shares, which are valued at $528 million according to the 10-day average closing price as of November 28. As a result […]
Holliston, MA 12/3/07 and 12/14/07; Washington, DC 12/12/07—Harvard Bioscience has rejected an acquisition offer from Skystone Advisors. On December 12, Skystone, which holds 15.4% of Harvard Bioscience’s stock, made an offer to acquire the company and take it private. In a letter to the Harvard Bioscience Board, Skystone stated it would acquire all the outstanding […]
Radleys appointed Interchim its exclusive German distributor. Sloning Biotechnology named Microsynth the exclusive distributor of its gene synthesis service and product family of mutant libraries in Switzerland. Sloning Biotechnology selected Research & Innovation as its exclusive Japanese distributor. PNA Inventor Group granted Link Technologies a license to manufacture and sell monomers for peptide nucleic acid […]
Another company is set to join the ranks of publicly held analytical instrument companies with annual revenues of more than $1 billion. On December 3, Bruker BioSciences announced a $914 million agreement to acquire Bruker BioSpin (see page 2). Combined, the companies recorded pro forma revenues of $850.5 million in 2006, adjusted operating profit of […]
ICx Technologies formed ICx Cryogenics to exclusively distribute Rico Cryogenic & Vacuum Systems’ products. PerkinElmer launched the EcoAnalytix Initiative, a series of application-oriented platforms for food safety, water quality and biofuels development, and announced the establishment of four EcoAnalytix global application development centers in Shelton, Connecticut; Seer Green, England; Shanghai, China; and Mumbai, India. In […]
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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.
