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Bio-Techne To Acquire Namocell For Undisclosed Terms
(RTTNews) - Life sciences company Bio-Techne Corp. (TECH) announced Wednesday it has reached an agreement to acquire Namocell, Inc., a provider of fast and easy to use single cell sorting and dispensing platforms that are gentle to cells, and preserve cell viability and integrity.
Namocell's instrument portfolio includes Pala, a 2-laser system with up to 11 fluorescent detection channels and Hana, a single-laser system with 2 fluorescent detection channels.
Bio-Techne anticipates the acquisition to close in the first quarter of its fiscal 2023.
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Bio-Techne Q2 Results Miss Estimates; Declares Dividend
Life sciences company Bio-Techne Corp. (TECH) reported Thursday that second-quarter net earnings attributable to the company almost halved to $27.47 million or $0.17 per share from $50.01 million or $0.31 per share in the prior-year quarter.
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Bio-Techne Files Drug Master File With FDA For ExCellerate GMP IPSC Expansion Medium
Bio-Techne Corp. (TECH) announced Wednesday that it has filed a Drug Master File (DMF) with the U.S. Food and Drug Administration (FDA) for its ExCellerate GMP iPSC Expansion Medium, Animal Free (CCM0036-GMP), supporting the development and manufacture of regenerative medicine and stem cell therapies.
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Bio-Techne Promotes Kim Kelderman To Succeed Chuck Kummeth As President And CEO
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Bio-Techne, Akoya To End Co-development Of RNAscope For Use With PhenoCycler-Fusion System
Life sciences company Bio-Techne Corp. (TECH) announced Monday that the company will end their collaboration with Akoya Biosciences to co-develop an automated RNAscope workflow for use with the PhenoCycler-Fusion System. The decision was made following best efforts to achieve the intended program goals.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, adding to the losses in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,900 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
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U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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Swiss Market Settles Slightly Up
After a spell in positive territory early on in the session on Monday, the Switzerland market struggled for support and drifted down into negative territory past mid afternoon, but finally managed to end the day's session slightly up.
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European Stocks Close Broadly Higher
European stocks closed higher on Monday as trade war worries eased a bit after U.S. President Donald Trump struck a conciliatory tone in a post on Truth Social over the weekend with regard to tariffs on Chinese goods.
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