NEW YORK (GenomeWeb News) – Labcyte said today that it has received a commitment for up to $5.5 million in credit facilities from Hercules Technology Growth Capital.

Labcyte, based in Palo Alto, Calif., makes acoustic liquid handling tools for life science applications, including genomics, proteomics, imaging mass spectrometry, and others.

"Hercules believes the life science research and development market presents a huge opportunity for Labcyte," Kathy Conte, managing director of life sciences at Hercules, said in a statement.

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have an account?
Login Now.

The New York Times and ProPublica look into the close relationship between a startup and Memorial Sloan Kettering Cancer Center.

Yahoo News reports millions of dollars are being transferred from NIH, CDC, and other programs to pay for the housing of detained undocumented immigrant children.

In Science this week: in vitro generation of human reproductive cells, and more.

Researchers gave a handful of octopuses MDMA to find that they too act more social on the drug, Gizmodo reports.