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Cellink targets lab-on-a-chip applications with Nanoscribe acquisition 25 May 2021 Swedish bio-printing pioneer says it will gain a âleg upâ on competition with cash-plus-stock deal worth up to â¬50M. Nanoscribe, the spin-out from the Karlsruhe Institute of Technology (KIT) that developed two-photon polymerization tools to make tiny, intricate structures, is set to become part of the fast-growing Swedish life sciences firm Cellink. The two firms have agreed a cash-plus-stock deal that will see Cellink pay an initial â¬34 million for Nanoscribe, plus up to an additional â¬16 million in earn-outs if financial targets are met. Assuming that the acquisition proceeds as expected, Nanoscribe will join forces with several other recent purchases made by Cellink, as the firm looks to build a portfolio of cutting-edge technologies that it believes will revolutionize biology and healthcare. ....
ZEISS Innovation Hub @ KIT Celebrates One-Year Anniversary The ZEISS Innovation Hub @ KIT was officially opened in a virtual event, one year after it became operational On 12,000 square meters the new building offers space for current and future startups and spin-offs by both partners. (Photo: ZEISS) The ZEISS Innovation Hub @ KIT is a milestone in the longstanding partnership between ZEISS and the Karlsruhe Institute of Technology (KIT). In the new building on KIT’s North Campus ZEISS enables high-tech and digital startups to move into the Hub, and is driving its own innovation and new business activities. The Hub has seen a number of successful collaborations and projects since it opened in early 2020. ....