Endress+Hauser achieves growth in local currencies Despite difficult market conditions last year, Endress+Hauser grew the business on a local currency basis. In euros, however, consolidated net sales declined marginally by 0.2 percent to slightly more than 2.1 billion euros, mainly due to the impacts of exchange rates. “In local currencies, we grew the business by […]
Financing led by ARCH Venture Partners with the largest investment by Johnson & Johnson Innovation; includes additional strategic industry and venture investors GRAIL plans a second close with institutional investors to bring the total raised in the Series B to over $1 billion MENLO PARK, Calif. — GRAIL, Inc., a life sciences company whose mission […]
CAMBRIDGE, UK – 27 February, 2017 – Congenica, a leading provider of clinical genome analysis technology, announced today that it has raised £8m ($10m) in its Series B financing round. Existing investors, Cambridge Innovation Capital plc (CIC) and Amadeus Capital Partners (Amadeus) participated alongside new investor, Parkwalk Advisors (Parkwalk). Congenica will use the Series B […]
ABB has uncovered a sophisticated criminal scheme related to a significant embezzlement and misappropriation of funds in its South Korean subsidiary. The treasurer of the South Korean subsidiary is suspected of forging documentation and colluding with third parties to steal from the company. The suspected individual went missing on February 7, 2017 and subsequently ABB […]
EDEN PRAIRIE, MN — MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that as a result of its inability to timely file its Quarterly Report on Form 10-Q for the period ended December 31, 2016 (the “Quarterly Report”), and because it remains delinquent in filing its Annual Report […]
GOETTINGEN, Germany At today’s meeting, the Supervisory Board of Sartorius AG approved the Executive Board’s recommendation to submit a proposal to the Annual Shareholders’ Meeting on April 6, 2017, to raise dividends to 0.46 euros per preference share and to 0.45 per ordinary share. Prior-year dividends, adjusted by the stock split that was implemented in […]
OMAHA, Neb.–Transgenomic, Inc. (TBIO) (OTCQB: TBIO) today reported that trading in its shares will begin on the OTCQB exchange under the ticker “TBIO” effective at the open of business on February 22, 2017. On February 17, 2017, the Company received written notification from the staff of the Nasdaq Stock Market LLC (“Nasdaq”) that it had […]
Investors include HBM Genomics and Viking Global Investors Company to expand commercial efforts for its proprietary primary cell culture platform across cancer, stem cell, immunology, cell manufacturing, cell therapy, and regenerative medicine applications SAN FRANCISCO—-Xcell Biosciences announced today the company has closed a $12 million Series A private equity financing round. The financing was led […]
SANTA FE SPRINGS, Calif. Applied BioCode is pleased to announce that they have been accepted for listing on the Taiwan Emerging Market Stock Exchange (ticker symbol 6598). As a registered Cayman Island corporation with facilities in the United States and Taiwan, Applied BioCode designs, develops, and commercializes innovative high value automated products for the Molecular […]
BALTIMORE, MD — Circulomics has been awarded a $1.5M SBIR Phase II grant by the National Institutes of Health (NIH)/National Institute of General Medical Sciences (NIGMS) to develop a single molecule platform for DNA/RNA sample quality analysis based on PicoSep technology. PicoSep is a single molecule instrument that can perform accurate sizing and quantification of DNA/RNA […]
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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.
