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Applied Markets

News on genetics and genomics applications in the Ag-Bio, Veterinary, Forensics, Food Safety, and Environmental Testing markets.

The company also said that it has acquired Beijing-based food safety testing firm Meizheng Group. The deal is expected to expand PerkinElmer's food safety capabilities.

The  firm will use the net proceeds for research and development, marketing, and general corporate purposes to help commercialize its LX Analyzer technology.

The French metagenomic sequencing firm received funding from both historical and new investors, including debt financing from Norgine Ventures.

Illumina plans to upgrade all its NIPT customers to version 2 of its VeriSeq solution over the next year.

MBio will use the funding to refine its diagnostic tool and to improve manufacturing as the firm scales up to support its commercialization partners.