Skip to main content
Premium Trial:

Request an Annual Quote

Chip Maker, Aclara to Make $97 Million Offering



OUNTAIN VIEW, Calif.--Aclara Biosciences, which makes chips for genetic analysis, drug screening, and other uses, filed to raise more than $97 million in an initial public offering, said a Reuters report. Details such as the number of shares and the expected price range of them were not included in the filing to the Securities and Exchange Commission.

Net proceeds from the offering will be applied to R&D, possible acquisitions, and investments in its technology as well as for working capital and other general corporate purposes, reported Reuters. The company makes its "lab-on-a-chip" products to enable researchers to rapidly perform large numbers of chemical and biological measurements in a miniaturized, automated format.

Filed under

The Scan

Pig Organ Transplants Considered

The Wall Street Journal reports that the US Food and Drug Administration may soon allow clinical trials that involve transplanting pig organs into humans.

'Poo-Bank' Proposal

Harvard Medical School researchers suggest people should bank stool samples when they are young to transplant when they later develop age-related diseases.

Spurred to Develop Again

New Scientist reports that researchers may have uncovered why about 60 percent of in vitro fertilization embryos stop developing.

Science Papers Examine Breast Milk Cell Populations, Cerebral Cortex Cellular Diversity, Micronesia Population History

In Science this week: unique cell populations found within breast milk, 100 transcriptionally distinct cell populations uncovered in the cerebral cortex, and more.