Washington, DC 4/28/15—OpGen has announced in a filing with the SEC that it plans to complete its IPO at a price of $5.50–$6.50 per share (see IBO 3/15/15). The company expects to offer 2.5 million shares. At a share price of $6.00, the offering would raise $12.8 million or $14.8 million if underwriters exercise their […]
Orpington, UK 4/21/15; London, UK 4/22/15—Private equity firm Foresight and company management have acquired Specac, a supplier of spectroscopic accessories, from Smiths for £2.8 million ($4.2 million = £0.67 = $1). Specac revenues have grown 35% in the last four years, with 80% of sales outside the UK. Products include the Quest ATR diamond and […]
Pittsburgh, PA 4/15/15—Cianflone Scientific Instruments, a manufacturer of lab and portable x-ray spectrometry instruments for on-site chemical analysis and coating thickness measurements, has been acquired by Main Line Equity Partners. The purchase price was not disclosed. “This acquisition presents an opportunity for us to help Cianflone further capitalize on existing business today, while also serving […]
Germantown, MD and Hilden, Germany 3/16/15; Cambridge, MA 3/16/15—QIAGEN has acquired certain technology and other assets from AdnaGen, a subsidiary of Alere, including the CE-IVD marked products AdnaTest Breast Cancer and AdnaTest Prostate Cancer. Terms were not disclosed. The technology enables enrichment and molecular analysis of circulating tumor cells from blood samples. QIAGEN will exclusively […]
Tokyo, Japan 4/20/15—Shimadzu, a provider of analytical and measurement instrumentation, has named Teruhisa Ueda, PhD, as president and CEO. Dr. Ueda currently serves as senior managing executive officer, and general manager, Analytical & Measuring Instruments Division (AMI). He will replace Akira Nakamoto, who will become chairman. The approval of the change is expected to be […]
Aubagne, France 4/17/15; Glasgow, UK 4/17/15—Biopharmaceutical industry provider Sartorius Stedim Biotech has acquired BioOutsource for an undisclosed amount. BioOutsource provides contract testing services for monitoring the safety and quality of biologic drugs and vaccines, specializing in services for biosimilars. Based in Glasgow, Scotland, BioOutsource’s 12-month revenues totaled around €9 million ($12 million = €0.75 = […]
This year, the first edition of IBO’s biannual article on new labs reports the construction of several academic, government and industrial labs. The table on page 3 shows some of the largest buildings for academic research in the sciences that have been approved or are already under construction, as well as new labs in the […]
The annual American Association of Cancer Research meeting (AACR) was held April 18–22 in Philadelphia, Pennsylvania. Attendance for the conference was 19,300, up about 4% from last year (see IBO 4/30/14). The number of companies exhibiting totaled 438. A notable trend in the exhibit hall was the number of CRISPR/Cas9 products and services available from […]
Water baths are used to hold lab specimens or reagents at desired temperatures. The relatively high heat retention of water allows it to maintain its temperature. The applications of water baths span a wide range and include coliform determination, immunohistochemistry and microbiological assays. Some of these applications, such as biochemical experiments, require high temperature precision […]
Company Announcements PicoQuant entered into an agreement with the Max Planck Society and the German Cancer Center to use gated STED (stimulated emission depletion) technology in its MicroTime 200 STED time-resolved confocal microscope for increased photostability and live-cell capability. In February, FEI and the Tsinghua University Branch of National Center for Protein Sciences Beijing announced […]
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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.
