Industry Press Releases

Affymetrix and Illumina Settle Their Patent Disputes

January 10, 2008

SAN DIEGO & SANTA CLARA, Calif.--Affymetrix, Inc. (NASDAQ:AFFX - News) and Illumina, Inc. (NASDAQ:ILMN - News) announced today that they have entered into a settlement agreement to resolve their patent litigation. Under the terms of the settlement, Illumina agreed, without admitting liability, to make a one-time payment to Affymetrix of $90 million. Affymetrix agreed to [...]

Invitrogen Announces Acquisition of CellzDirect

January 10, 2008

CellzDirect a Market Leader in Hepatocyte-Based Primary Cell Products and Services CARLSBAD, Calif.--Invitrogen Corporation (NASDAQ:IVGN - News), a provider of essential life science technologies for research, production and diagnostics, today announced it has entered into a definitive agreement to purchase privately-held CellzDirect, Inc., based in Research Triangle Park, North Carolina, in a cash transaction for [...]

BioTek Instruments, Inc. Celebrates 40 Years

January 8, 2008

BioTek Instruments Inc. celebrates its 40th anniversary and remains the only major instrument manufacturer to exclusively focus on microplate instrumentation and software. Incorporated May 24, 1968 by physiologist Dr. Norman Alpert, BioTek Instruments originally provided test equipment solutions for hospitals and biomedical institutions. Recognizing the increasing popularity and throughput of non-isotopic immunoassays in biomedical and [...]

Illumina Announces Corporate Reorganization

January 4, 2008

SAN DIEGO--Illumina, Inc. (NASDAQ:ILMN - News) today announced that it has reorganized its operating structure to further leverage the synergies between its sequencing and genotyping businesses. Under the new structure, a newly created Life Sciences Business Unit will include all products and services related to the research market namely the BeadArray, BeadXpress and Sequencing product [...]

Bruker AXS Announces Agreement to Acquire

January 3, 2008

KARLSRUHE & VIERSEN, Germany--Jan. 3, 2008--Bruker AXS GmbH announced today that it has signed an agreement to acquire all of the equity of privately-held JUWE Laborgeraete GmbH from its founders. A stock purchase agreement was signed on December 21, 2007 and the transaction is expected to close in the first quarter of 2008. JUWE's estimated [...]

Thermo Fisher Scientific Acquires Leading Chromatography Consumables Provider, La-Pha-Pack

December 20, 2007

WALTHAM, Mass., Dec. 20 -- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced it has acquired La-Pha-Pack, a leading manufacturer and provider of chromatography consumables and related accessories, based in Langerwehe, Germany. With revenues of approximately $25 million, La-Pha-Pack will allow Thermo Fisher to offer customers an expanded line [...]

Enzo Biochem Unit Signs Letter of Intent to Acquire Belgian Life Sciences Distributor

December 19, 2007

NEW YORK--Enzo Biochem, Inc. (NYSE:ENZ - News) announced today that its wholly owned subsidiary, Enzo Life Sciences, Inc., has signed a letter of intent to acquire 10 P’s BVBA, a privately owned distributor of life science research products, with offices in Belgium serving the Benelux countries. Upon completion of the acquisition, which is subject to [...]

Pediatrix Agrees to Sell Newborn Metabolic Screening Laboratory

December 19, 2007

FORT LAUDERDALE, Fla.--Dec. 19, 2007--Pediatrix Medical Group, Inc., (NYSE:PDX) has entered into a definitive agreement to sell its newborn metabolic screening laboratory to PerkinElmer, Inc., (NYSE:PKI). Specific terms of the cash transaction were not disclosed. Pediatrix will focus its resources to support the continued expansion of its clinical and administrative competencies within the physician services [...]

PerkinElmer to Expand Newborn Health Through Acquisition of Pediatrix’s Metabolic Screening Laboratory

December 19, 2007

WALTHAM, Mass.--PerkinElmer, Inc. (NYSE: PKI - News), a global leader in Health Sciences, today announced the signing of a definitive agreement with Pediatrix Medical Group, Inc. (NYSE: PDX - News) under which PerkinElmer will acquire the newborn metabolic screening business of Pediatrix in a cash transaction. The acquisition is expected to have no material effect [...]

Applied Biosystems Promotes Mark Stevenson to President and Chief Operating Officer

December 19, 2007

FOSTER CITY, Calif.--Dec. 19, 2007--Applera Corporation today named Mark P. Stevenson president and chief operating officer of its Applied Biosystems Group (NYSE:ABI) and a senior vice president of the corporation. Mr. Stevenson has been executive vice president of Applied Biosystems since July 2007 and has been with the company since 1998. "This decision completes the [...]

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