CAI Latest Acquisition, Liston Scientific
June 2, 2006
California Analytical Instruments (CAI), located in Orange, CA. announced its acquisition of Liston Scientific, Irvine, CA. Liston`s support and manufacturing personnel and all manufacturing equipment and inventory will be moving to the CAI facility during the month of May. Minimal interruption in service and support levels of Liston Scientific Customers is expected during this period.
PALL Aims for $40 Million in Annualized Savings
June 1, 2006
East Hills, NY —Pall, a manufacturer of filtration, separation and purification products, announced that it has undertaken a cost reduction and facilities rationalization program that is expected to result in more than $40 million in annualized savings by the end of fiscal 2008. Pall will reduce its manufacturing footprint by 20%, or up to 12 [...]
Stratagene and Takara Settle PCR Suits
May 31, 2006
Shiga, Japan,: La Jolla, CA-Takara Bioand Stratagene have settled their patent disputes regarding enzyme blendsused in PCR technology. Financial details were unavailable. “We believe that there are a number of competitors selling products that are covered under our patent portfolio. It is our intention to make limited licenses available and recognize resulting licensing revenue,” stated [...]
May 31, 2006
PALO ALTO, Calif. & PARIS--Agilent Technologies Inc. (NYSE:A) and ExonHit Therapeutics (Euronext:ALEHT) announced that they have entered into a marketing alliance in which Agilent will market and sell nine different ExonHit human and mouse SpliceArrays as commercial products. These SpliceArrays include GPCR, Ion Channel, nuclear receptors and apoptosis pathways. SpliceArrays are a new generation of [...]
May 30, 2006
FOSTER CITY, Calif. & BEVERLY, Mass.---Applied Biosystems Group (NYSE: ABI - News), an Applera Corporation business, and Agencourt Personal Genomics (APG) announced they have signed a definitive agreement whereby Applied Biosystems will acquire APG, a privately held developer of next-generation genetic analysis technologies, for approximately $120 million in cash. The transaction is subject to regulatory [...]
PAN-PACIFIC PARTNERSHIP LAUNCHES WORLD-LEADING DRUG DISCOVERY TECHNOLOGY
May 26, 2006
South Australian biotechnology company, TGR BioSciences Pty Ltd, has secured a long term licensing agreement with PerkinElmer, Inc., a leading US technology company that will provide worldwide distribution of TGR's new generation of drug screening kits. TGR's SureFire™ ERK assay kits use cutting-edge proprietary technology that helps pharmaceutical and biotechnology companies as well as research [...]
OSI Awarded $125 Million in Judgement Against L-3
May 25, 2006
Hawthorne, CA- A US District court jury has awarded OSI Systems $125.6 million in damages in its case against L-3 Communications. The jury awarded $33 million in compensatory damages and $92.6 million in punitive damages, finding that L-3 breached its fiduciary duty and committed fraud against OSI. The suit stems from L-3’s 2002 purchase of [...]
AMETEK Taylor Hobson Supports UK Centre of Excellence in Metrology for Micro and Nanotechnologies
May 24, 2006
PAOLI, Pa.--Taylor Hobson, a unit of AMETEK, Inc. (NYSE:AME - News), has joined with the UK Government in supporting a national Centre of Excellence in metrology for micro and nanotechnologies at Taylor Hobson's Leicester, England, headquarters. Taylor Hobson, a leader in the manufacture of ultra-precision measurement instrumentation, has joined with the UK Department of Trade [...]
May 23, 2006
HONG KONG & FOSTER CITY, Calif.---Applied Biosystems (NYSE:ABI), an Applera Corporation business, today announced that TLV Kumar has been appointed president for its Asia Pacific operations. Applied Biosystems is a global leader in the life sciences industry and research community, developing and marketing instrument-based systems, consumables, software, and services. Kumar, age 51, will be responsible [...]
May 23, 2006
San Francisco, CA – Dr. Chi Yang, the CEO of SynPep, a provider of custom peptide synthesis and antibody research products, was indicted by a federal grand jury on 13 counts of mail fraud and false statements for falsifying the purity levels of the company’s peptide products. The indictment claims that under Dr. Yang’s supervision, [...]
