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 = […]
Washington, DC 4/6/15; Morgantown, VA 4/7/15; Bundorra, Canada 4/7/15—Protea Biosciences, a supplier of bioanalytical solutions, has agreed to acquire vivoPharm for $11.1 million in cash and stock. vivoPharm provides pharmacology, toxicology and bioanalytical research services, including oncology models. “vivoPharm has developed a large standard-of-care reference database. We believe that this critical asset, together with Protea’s […]
Washington, DC 4/6/15—OpGen has disclosed in an SEC filing for its IPO (see IBO 3/15/15) that it plans to offer 3,750,000 shares of common stock at a price of $8–$10 per share. Assuming a price of $9 per share, the company expects to raise $30.5 million, or $35 million if underwriters exercise their option.
Port Washington, NY 3/31/15—Pall, a provider of filtration, separation and purification products for industrial and life science markets, has announced the acquisition of Tarpon Biosystems’ BioSMB (simulated moving bed) technology for an undisclosed amount. BioSMB technology is designed for single-use, multicolumn chromatography from process development through large-scale production. “It extends our process intensification and continuous […]
Aliso Viejo, CA 4/1/15—Ambry Genetics, a clinical genetics testing lab, has acquired Progeny Software, a provider of genotype management and analysis software, and LIMS systems, for an undisclosed amount. “We were starting to build tools like this internally, but then I met Michael Brammer and within 24 hours we had an agreement. I realized how […]
London, UK 4/15/15—LGC, a life science–measurement and –testing company, has agreed to acquire Biosearch Technologies, a designer, developer and manufacturer of custom oligonucleotides and associated reagents for medical diagnostic, research and applied markets. The financial amount was not disclosed. Biosearch has 170 employees in the US and Europe. “Both LGC and Biosearch have a complementary […]
Jena, Germany 3/26/15—Germany’s Analytik Jena delisted its shares from the Frankfurt Stock Exchange effective March 26 (see IBO 9/30/14). “The shareholder structure means that Analytik Jena AG does not have to be listed on the stock exchange anymore,” stated Analytik CEO Klaus Berka. “In particular, we no longer rely on the possibility of raising capital […]
Andover, MA 3/18/15—MKS Instruments, a provider of instruments, subsystems and process-control solutions, has acquired Precisive for $13 million in cash. Precisive develops optical analyzers based on Tunable Filter Spectroscopy (TFS) for real-time gas analysis in the natural gas and hydrocarbon-processing industries. Precisive has over 2,500 systems deployed. “We have previously said we are looking for […]
Santa Clara, CA 3/18/15–Agilent Technologies has elected president and COO Mike McMullen as CEO, effective March 18, as part of a previously announced transition (see IBO 9/30/14). Former CEO William (Bill) Sullivan will serve as an advisor until October 31. “We are well positioned to capture new opportunities in our life sciences and diagnostics markets, […]
St. Louis, MO 3/19/15; Pleasanton, CA 3/19/15—Sigma-Aldrich and Roche have signed an exclusive global distribution agreement under which Sigma-Aldrich will distribute Roche’s Biochemical Reagents product portfolio. Roche’s Biochemical Reagents products include kits and enzymes for cellular analysis, proteomics and conventional PCR applications. The transition will take place this year. “This agreement allows us to provide […]
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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.
