Malvern, UK 6/4/14; Engham, UK 6/4/14—Malvern Instruments, a Spectris business and provider of materials and biophysical-characterization technology, has acquired MicroCal from GE Healthcare Life Sciences for an undisclosed amount. A provider of differential scanning calorimeters and isothermal-titration calorimeters, MicroCal generates $30 million in annual revenues. “MicroCal products are an excellent fit with Malvern’s existing portfolio […]

San Diego, CA 5/30/14; San Diego, CA 5/30/14—Sequenom has sold its Bioscience unit to Agena Bioscience, a Telegraph Hill Partners company, for $31.8 million and contingent consideration of up to $4 million. The Bioscience business manufactures and sells the MALDI-TOF MS–based MassARRAY platform for genetic analysis in research and clinical labs. Agena will retain all […]

Hilden, Germany and Germantown, MD 5/20/14—QIAGEN has acquired BIOBASE, a provider of expertly curated biological databases, for an undisclosed amount. BIOBASE products include the HGMD Human Gene Mutation Database on human inherited-disease mutations and the PGMD PharmacoGenomic Mutation Database, which identifies all published gene variants that affect patient drug response. “With HGMD and other content […]

New York, NY 5/29/14—Citing anonymous sources, Bloomberg has reported that Thermo Fisher Scientific intends to sell its Cole-Parmer Instrument business, which supplies lab equipment. Cole-Parmer has annual EBITDA of $50 million. The sources stated the sale price could range from $500 million to $700 million. Thermo acquired Cole-Parmer as part of its 2006 purchase of […]

Company Announcements In January, Bruker named Andy Boorn as president of its CAM division. Mr. Boorn previously served as president of AB SCIEX. Bruker also announced plans to narrow CAM’s strategic focus. In February, the company merged the commercial management organizations of its CAM and LSC divisions. In February, Avacta named Michael Albin, PhD, to […]

Greenford, UK 4/28/14; Greenford, UK 5/14/14—Ultra Electronics, a defense, security, transport and energy company, has acquired Forensic Technology WAI for an initial cash consideration of CAD $94 million ($85 million = CAD 1.10 = $1). Headquartered in Montreal, Canada, with 253 employees, Forensic Technology provides automated firearm-ballistics identification and forensics-analysis systems to law enforcement agencies. […]

Cambridge, UK and Cambridge, MA 5/15/14; Cambridge, MA 5/15/14—Gene-editing technology firm Horizon Discovery has acquired the CombinatoRX services business and related assets from biopharmaceutical company Zalicus for £4.74 million ($8 million = £0.59 = $1). The business consists of the cHTS (combination high-throughput screening) platform and Chalice software for the screening and analysis of thousands […]

The recent and upcoming expiration of patents on several blockbuster drugs and resulting loss of revenue will require pharmaceutical companies to search for new means to grow revenues. Megamergers, which were common in the past, will still occur. However, recent acquisitions by many pharmaceutical firms show a move instead to specialize in specific markets. For […]

Indianapolis, IN 4/22/14—Beckman Coulter Life Sciences has agreed to acquire Xitogen Technologies, a China-based flow cytometer company, together with Cytojene, for an undisclosed amount. Xitogen offers the XTG-1600 compact flow cytometer designed for basic research applications for the detection of objects in the 100 nm range. Beckman stated that Xitogen’s facilities in Suzhou and Dalian […]