Company Announcements In February, Nikon Americas announced a $10 million strategic investment in Tribogenics, a provider of handheld XRF technology. Tribogenics has around 50 employees. In February, Elementar opened a regional office in Yokohama, Japan. The Silicon Valley Business Journal reported in March that x-ray light source firm Lyncean Technologies named Michael Feser as CEO. […]
Company Announcements In March, Swift Bioscience partnered with TATAA Biocenter, which now distributes its NGS products in Sweden, Denmark, Norway, Germany, Austria, Slovakia and the Czech Republic. In March, 10x Genomics closed a $55 million Series C financing, led by Fidelity Management & Research. Huawei and WuXi AppTec announced a strategic alliance to support the […]
Company Announcements In February, Attivio announced an expanded relationship with PerkinElmer, making PerkinElmer the exclusive reseller of Attivio solutions in the life science market. In March, Labworks announced its formation. The company consists of PerkinElmer’s former Labworks LIMS business, which was acquired by employees. In February, Accelerated Technology Laboratories signed a reseller agreement with Soft […]
Company Announcements Brooks Automation announced in March a restructuring plan, not related to the macroeconomic environment, designed to streamline business operations, advance market responsiveness and achieve $15 million in annualized cost savings. It is expected to result in $7 million in restructuring charges for the year. The cost savings are expected to be substantially completed […]
Company Announcements MTS Systems disclosed in its fiscal 2015 annual report material weaknesses in its internal control over financial reporting related to risk assessment, information and communications, and monitoring processes with respect to revenue; identification of deliverables contained in multiple element revenue arrangements; and timely closure of revenue projects and release of residual accrued costs. […]
Company Announcements In January, Biognosys announced a Series C funding round, which will be used in part to establish US business development and service operations, based in Boston. SCIEX and Singapore’s Bioprocessing Technology Institute announced a collaboration to advance biologics R&D, specifically the development of accurate and high-throughput methods for contaminant analysis. In February, SCIEX […]
Company Announcements SomaLogic announced collaborative projects with the University of Oxford to discover and characterize protein biomarkers. SomaLogic announced in March the receipt of up to $60.5 million in debt and equity financing from Visium Healthcare Partners. In February, Gen9 and SynbiCITE, a UK-based Innovation and Knowledge Centre, partnered to provide SynbiCITE access to the […]
Company Announcements In January, IKA promoted Refika Bilgic to CEO of US-based IKA Works. PerkinElmer acquired Vanadis Diagnostics, a developer of a solution for NIPT based on digital analysis of cell-free DNA. The solution is designed to provide automated testing for routine use by high-throughput biochemistry labs as well as genetic labs. In February, PerkinElmer […]
Company Announcements Teledyne Isco acquired in December 2015 the net assets of SofTA, a manufacturer of ELSDs for LC and flash chromatography. DKK-TOA opened an office in South Korea in December 2015. Repligen announced in February the extension of its long-term supply agreement with GE Healthcare through 2019 for the manufacture of Protein A ligands […]
Company Announcements In February, Silicon Biosystems Menarini and Macrogen partnered to develop clinical assays combining their respective digital sorting technology and NGS capabilities. Sophia Genetics and Integrated DNA Technologies announced a strategic partnership, combining their respective DDM advanced analytical platform and xGene target enrichment panels to create NGS solutions for routine clinical diagnostics. Biomedical data […]
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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.
