According to the Forum for European-Australian Science and Technology Cooperation (FEAST), Australian biotech firms have been successful in raising capital during the first half year, ended June 30. Drug development and device companies raised a record AUD 500 million ($422.7 million) from IPOs and other capital raising efforts. Biotech firms Avexa, Acrux and Progen together […]

In order to boost Germany’s flagging pharmaceutical industry, the nation’s Ministry of Education and Research (BMBF) has announced a new initiative. The Pharma-Initiative, with a budget of €800 million, will run until 2011. The Initiative’s goals include improving innovation within the industry, fostering communication among industry participants and assisting firms in bringing their highest-potential products […]

Santa Clara, CA and New York, NY 8/10/07—Symyx Technologies has agreed to acquire the infrastructure-related software applications and selected databases of MDL Information Systems from Elsevier for $123 million in cash. Elsevier will retain certain MDL content assets, including the CrossFire, Beilstein, the Patent Chemistry, Gmelin and PharmaPendium databases. MDL provides informatics framework and workflow […]

PREMIER Biosoft International released Beacon Designer 7.0 for designing real-time PCR assays. Q Chip launched the ReaX Mastermix Lab-in-a-Bead gel-based bead and the ReaX Custom Bead Service. Spartan Bioscience launched the Spartan Dx real-time PCR DNA analyzer priced at $14,995. VWR International introduced Gene Technologies’ G-Storm thermal cyclers, consisting of three models.

Esco Technologies named Mike Martin general manager of US operations in March. He was previously general manager of Lancer Sales. Esco Technologies established a subsidiary in Salisbury, UK, earlier this year. On May 4, Becton, Dickinson and Company acquired Plasso Technology, a surface-engineering company that specializes in biological coatings for consumables, for $10 million in […]

: In June, DuPont and Environmental Defense (ED) introduced the Nano Risk Framework, a joint effort to improve research on environmental, health and safety issues pertaining to nanotechnology. At its most basic level, the Framework calls for a multistep risk analysis assessment before the use of nanotech products or processes, followed by regular reexaminations of […]

Paoli, PA 8/13/07; Paris, France 8/13/07—AMETEK has acquired CAMECA SAS, a manufacturer of secondary ion mass and low-energy X-ray emission spectrometers, as well as tomographic atom probes and electron probe microanalysis instrumentation, for €82 million ($112 million) from the Carlyle Group. Based in Paris, France, CAMECA has annual sales of approximately €60 million ($82 million). […]