Tecan successfully completes the acquisition of Paramit

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Männedorf, Switzerland, August 2 2021 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that it has successfully completed the acquisition of US-based Paramit Corporation and its affiliates (“Paramit”) for a total purchase consideration of USD 1.0 billion (CHF 920 million). On June 23, 2021, Tecan... Read more

PerkinElmer to Acquire Antibody and Reagent Leader BioLegend

Transformative deal significantly scales leading position in life science to accelerate legendary discoveries in precision medicine Leader in antibody development with highly complementary, innovative portfolio in emerging, high-growth areas of biologics, cell and gene therapy, proteogenomics, and recombinant proteins Commercial synergy opportunity to accelerate life science growth with potential benefits for diagnostics franchise Annual BioLegend... Read more

PerkinElmer’s COVID-19 RT-PCR Test Kit Receives FDA Emergency Use Authorization for Saliva as Specimen Type

Non-invasive sampling method makes it easier to use the highly sensitive molecular test manufactured by PerkinElmer WHAT: PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced that the U.S. Food and Drug Administration (FDA) has authorized the PerkinElmer® New Coronavirus Nucleic Acid Detection Kit for an additional indication that permits... Read more

Brooks Automation Announces Fiscal 2021 Third Quarter Earnings Conference Call and Webcast

Brooks Automation Announces Fiscal 2021 Third Quarter Earnings Conference Call and Webcast CHELMSFORD, Mass., July 20, 2021 /PRNewswire/ — Brooks Automation, Inc. (Nasdaq: BRKS) will announce fiscal 2021 third quarter which ended on June 30, 2021 on Thursday, August 5, 2021 after the market closes. The Company will host a conference call and live webcast to... Read more

Expanded Gene Therapy Portfolio Supports More Efficient Adeno-Associated Viral Manufacturing

Expanded Gene Therapy Portfolio Supports More Efficient Adeno-Associated Viral Manufacturing New media panel, gene kit and advanced resins help reduce manufacturing costs while increasing the viability of gene therapies CARLSBAD, Calif., July 7, 2021 /PRNewswire/ — For gene therapy developers seeking to rapidly and efficiently scale production, a set of solutions is now available from Thermo... Read more

How Fruit Flies Become Male or Female

Researchers use structured illumination and confocal microscopy to study proteins involved in Drosophila sex determination The generation of offspring through sexual reproduction between a male and a female evolved approximately 1.2 billion years ago. An important part of this process is that each new generation contains both males and females in order to continue propagation... Read more

Tecan expands its commercial reach, its capabilities and its US and Asia presence with the acquisition of Paramit Corporation

Tecan to acquire Paramit Corporation, a leading OEM developer and manufacturer of medical devices and life sciences instruments, for a total consideration of USD 1.0 billion (CHF 920 million)  In full year 2021, Paramit is expected to generate around USD 280m in sales (CHF 257m) and around USD 50m EBITDA (CHF 46m), before acquisition-related costs  Transaction expected to be immediately and significantly accretive to earnings per share (EPS) upon closing  Adds complementary expertise, broadens design, development and manufacturing capabilities Expansion into the attractive and fast-growing medical... Read more

How Does the Brain Produce Behavior

Neuroscientists investigate brain connections using zoom and confocal microscopy to better understand how specific neural circuits generate behavior in normal animals and in disease models. Dr. Ryan Hughes (top image) and Dr. Henry Yin (lower image, center, gray shirt) with his lab, including Dr. Hughes, who is directly to his right. If you are warm... Read more

PerkinElmer Supports JUMP-CP Consortium Creating World’s Largest, Public Cell Painting Dataset

Leading academic, research and industry group led by Broad Institute to help speed drug discovery WALTHAM, Mass. – June 7, 2021 PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced that it is providing its PhenoVue™ Cell Painting Kits to the Joint Undertaking in Morphological Profiling-Cell Painting (JUMP-CP) consortium. The... Read more

Bruker Launches CE-IVD Quantitative Coronavirus Mid-Plex PCR Assay with Mutation Detection for Routine Variant Differentiation

FluoroType® SARS-CoV-2 varID Q is a novel LiquidArray® mid-plex PCR panel Detection of selected SARS-CoV-2 mutations enables differentiation of major viral variants, or strains, without the costs and delays of selective NGS for variant epidemiology Quantification of viral load provides indication of infectivity and of stage of COVID infection Validated with nasopharyngeal swabs and oropharyngeal... Read more