Up To $425 Million In Total Proceeds Inclusive of Near-term Milestone Payments; $350 Million In Upfront Cash Retains Strategic Upside with Illumina Protein Prep Royalty Stream and Rights to Single SOMAmer Reagent Business Simplifies Operating Structure and Enables Achievement of Adjusted EBITDA Break-Even Cash & Cash Equivalents of At Least $550 Million Expected at Close […]
Combines highly complementary proteomics expertise with Illumina’s industry-leading product innovation and global market reach Positions Illumina to achieve growth in a large, expanding market Illumina and SomaLogic have partnered in proteomics co-development since late 2021 SAN DIEGO — Illumina, Inc. (NASDAQ: ILMN) announced today it has entered into a definitive agreement with Standard BioTools (NASDAQ: […]
Milan, Italy / Settala – Masco Group is proud to announce the acquisition of Techniserv, Inc., a U.S.-based expert in bioreactor technology and process systems. This strategic move significantly strengthens Masco Group’s presence in the United States and enhances its capabilities across both upstream and downstream bioprocessing. Techniserv will continue to operate under its current leadership team […]
Oxford Instruments plc, a leading provider of high technology products and services to industry and scientific research communities, today announces that it has entered into a binding agreement to sell its quantum-focused business Oxford Instruments NanoScience (“NanoScience”) to Quantum Design, International Inc. for a £60m total cash consideration (“Sale”), including up to £3m of deferred […]
Doubles Revenue, Triples Customer Base; Acquisition Positions Nicoya as a Leading Provider of Integrated Biologics Characterization Platforms, Establishes European Hub Kitchener, Ontario, Canada – Nicoya Lifesciences, Inc., a leading provider of advanced biologics characterization tools for drug discovery and development, today announced its acquisition of Applied Photophysics, a UK-based provider of biophysical characterization instrumentation. Applied Photophysics, bringing a […]
TORRANCE, CA – Phenomenex Inc., a Danaher Company, a global leader in the research and manufacture of advanced technologies for the separation sciences, has announced the expansion of its product portfolio at ASMS with the introduction of 0.15 mm ID Micro LC Columns and Micro Traps, specifically designed for low-flow applications. The new core-shell based micro columns are designed to […]
Acquisition further expands Bruker’s multiomics strategy with biocrates metabolomics kits and assays, and related software and research services INNSBRUCK, Austria–(BUSINESS WIRE)– Bruker Corporation (NASDAQ: BRKR) today announced the acquisition of biocrates life sciences ag, located in Innsbruck, Austria. Financial terms were not disclosed. biocrates kits and pipettes biocrates is a global leader in mass spectrometry (MS)-based quantitative […]
Vancouver, British Columbia and Cambridge, United Kingdom – STEMCELL Technologies, Canada’s largest biotechnology company, is pleased to announce the acquisition of Cellular Highways Ltd from TTP Group Ltd. Cellular Highways is a biotechnology company based near Cambridge, United Kingdom, that specializes in advanced cell sorting technologies with applications in cell and gene therapy, drug discovery, and […]
Montréal and New York — Brookfield Asset Management (NYSE, TSX: BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) and global investment group CDPQ, today announced that they have completed the acquisition of Antylia Scientific (“Antylia”) for approximately $1.3 billion. Antylia is a leading manufacturer and distributor […]
Transaction Follows Decade-Long Management Partnership Culminating in Successful Transformation and Growth of Unique Life Sciences Tools Business Chicago, IL — GTCR, a leading private equity firm, today announced that it has signed and completed the sale of Antylia Scientific (“Antylia” or “the Company”) to Brookfield Asset Management’s private equity business and CDPQ for approximately $1.34 […]
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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.
