Provo, UT 11/2/15—Sequencing informatics company Tute Genomics has acquired human-genome interpretation firm Knome for an undisclosed amount. Knome’s knoSYS platform is used by research and clinical labs for analyzing, annotating and interpreting NGS data. The platform has processed thousands of genomes and exomes, and can store and share them as well as panels and variants. […]
Chelmsford, MA 11/5/15—Brooks Automation, a supplier of automated and cryogenic solutions, has definitely agreed to acquire BioStorage Technologies for $127 million in cash. BioStorage is a provider of sample management programs and integrated cold chain solutions for the biosciences. Trailing 12-month revenues for BioStorage were $40 million. “BioStorage Technologies brings strong customer relationships and excellent […]
Merck KGaA’s $17 billion acquisition of Sigma-Aldrich is expected to close November 18, finalizing a transaction announced last September (see IBO 9/30/14) and creating the world’s second-largest manufacturer and distributor of laboratory products as well as a major presence in the bioprocess market. Although pending for over a year, customer awareness of the acquisition is […]
London, UK 11/11/15—Life science research tool provider Abcam has agreed to acquire AxioMx for $20 million and an additional $25 million in performance-based payments over five years. Based in Connecticut with 28 employees, AxioMx is a technology-as-a-service company using an in vitro recombinant monoclonal antibody technology, which produces higher quality antibodies faster, according to Abcam. […]
Darmstadt, Germany 10/20/15; Morris Plains, NJ 10/20/15; St. Louis, MO 10/20/15—Merck KGaA has agreed to sell Sigma-Aldrich’s lab research chemical business to Honeywell for €105 million ($119 million = €0.88 = $1) in order to comply with the EU’s antitrust requirements for Merck’s purchase of Sigma (see IBO 6/15/15). Honeywell Fine Chemicals, part of the […]
St. Louis, MO 10/29/15—Sigma-Aldrich has agreed to acquire the Duolink product portfolio from Olink Bioscience for an undisclosed amount. Duolink allows visualization of low levels of proteins, protein modifications and protein interactions in fixed cells and tissue samples. The acquired assets include intellectual property, sales, marketing and manufacturing assets. Sigma has distributed the product line […]
Irvine, CA 10/26/15—The Orange County Business Journal reported that MP Biomedicals has been sold to Chinese chemical firm Valiant, a supplier of liquid crystal materials, pharmaceutical intermediates and photoelectronic chemicals, for around $134 million. MP Biomedicals is a provider of life science and diagnostic lab products, including life science consumables and lab chemicals. MP Chemicals […]
Company Announcements Lockheed Martin formed in July its Healthcare Technology Alliance to develop and refine technologies to help guide decisions for care, diagnosis and treatment of disease while protecting critical health information. Founding members include Cisco, Cloudera, Illumina and Intel. Illumina announced in August the second funding cycle of its Accelerator investments: PathoGn, which uses […]
Santa Clara, CA and Austin, TX 10/15/15—Affymetrix’s eBioscience business unit has announced a distribution agreement for Luminex’s MAGPIX, Luminex 200 and FLEXMAP 3D platforms in the US, Canada, Mexico, Brazil, China, the Netherlands, Germany, France, the UK, Switzerland, Austria, Belgium, Ireland, Luxembourg and Poland. EBioscience’s ProcartaPlex multiplex immunoassays and QuantiGene Plex multiplexed quantitative gene expression […]
Radnor, PA 10/7/15—Lab product, service and solutions provider VWR has acquired Purification Technologies (PTI) for an undisclosed amount. PTI is a specialty solvent company focused on high-volume purification of selected high-purity solvents. “Our customers in the chromatography, biochemical and agrochemical industries will benefit through VWR’s ability to supply high-purity acetonitrile and other solvents in both […]
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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.
