Sydney, Australia 10/14/08 and 10/30/08—Fluorotechnics, a manufacturer of fluorescence and electrophoresis consumables and tools, raised AUD$7.6 million ($4.9 million) in its IPO (see IBO 9/15/08). The company listed shares on the Australian Stock Exchange on October 31 at a price of AUD$1 ($0.68) per share for a market capitalization of nearly AUD$25 million ($16.9 million).
Hartford, CT 11/12/08; New York, NY 11/12/08; Baltimore, MD 11/14/08—A class action law suit has been brought against Waters by shareholders who purchased the company’s stock between January 24, 2007 and January 22, 2008. The suit alleges that Waters violated securities law by failing to disclose a slowdown in Japanese sales due to government regulations; […]
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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.

