UPPSALA, Sweden — Olink Holding AB (publ) (Nasdaq: OLK) (“Olink” or the “Company”), today announced the pricing of its initial public offering of 17,647,058 common shares in the form of American Depositary Shares (“ADSs”), including 4,411,764 ADSs to be sold by the selling shareholders, at a price to the public of $20.00 per ADS, with […]
NEW YORK — Avista Capital Partners (“Avista”), a leading private equity firm focused exclusively on healthcare, today announced that it has signed a definitive agreement to invest in eMolecules (“eMolecules,” or the “Company”), a novel and fast-growing e-procurement platform for high-value chemicals and bioreagents used by the leading pharmaceutical companies in drug discovery. Financial terms […]
Strong financial performance and the achievement of other key milestones demonstrate the growing strength of Synthace’s offering within the biopharma and biotech industries London, UK: Synthace Ltd, developers of Antha, the cloud-based software platform for automating and improving the success rate of biological processes, today announced it increased its annual recurring revenue by 225% compared […]
Teledyne Technologies Incorporated (NYSE:TDY) announced today that it has completed all permanent financing for the pending acquisition of FLIR Systems, Inc. (NASDAQ:FLIR). Given the permanent financing, together with certain continuing debt, Teledyne expects its weighted average borrowing cost to be less than two percent upon closing the acquisition. Today Teledyne closed an offering of $3.0 […]
FLIR to Team with Purdue University to Develop Novel Ion Separation and Analysis Technologies with Funding from the Defense Threat Reduction Agency ARLINGTON, Va. ― FLIR Systems, Inc. (NASDAQ: FLIR) announced it has won a contract worth up to $8.0 million from the United States Defense Threat Reduction Agency’s Joint Science and Technology Office (DTRA JSTO) […]
WELLESLEY, Mass. — Ampersand Capital Partners announced a minority investment in Magritek, a global leader in benchtop and portable NMR instruments for life sciences and other industries. Founded in 2004, Magritek is a New Zealand company with operations in Aachen, Germany, Philadelphia, PA, and Wellington, NZ. Magritek’s flagship Spinsolve benchtop NMR instruments provide resolution and sensitivity previously unavailable at the laboratory […]
Acuity Technology Enables the Possibility to See the 3D Genome in situ and at Single-Cell and Sub-Cellular Resolution Acuity Spatial Genomics, Inc. today announced the completion of a majority investment by Bruker Corporation (Nasdaq: BRKR). Acuity is a new venture focused on opening a new frontier in spatial 3D genomics and multiomic analyses for discovery. The novel […]
AI-Driven Genomics Company Uses Investment to Fuel Commercial Expansion Genomenon announced that it has completed a $5.3M financing round in the company. The financing will enable the company to expand its commercial operations, which serve genetic testing labs, hospitals, pharmaceutical and biopharma companies. Genomenon leverages AI (Artificial Intelligence) to organize the world’s genomic knowledge and […]
Nordetect Rapid Soil Assessment Nordetect’s portable device and lab-on-a-chip capabilities bring soil assessment to the field Nordetect’s portable device and lab-on-a-chip capabilities bring soil assessment to the field COPENHAGEN, Denmark — Nordetect, the Danish agritech startup building portable agricultural testing solutions, announced today a seed investment of $1.5 million. Early-stage technology investor Luminate NY led the investment […]
AUSTIN, Texas — L7 Informatics, a leader in enterprise-scale digital transformation and automation of scientific processes in the life sciences and healthcare domains, announced that it closed its Series B financing round. The financing was supported by previous investors along with several new investors, including Phoenix Venture Partners. “We are very excited to join the L7 […]
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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.
