THE Institute of Bioengineering and Nanotechnology (IBN), a research body under A*Star, has teamed up with a Japanese medical technology company to set up a research centre here. Arkray will invest $9.1 million in the centre over a five year period and leverage on IBN s expertise to develop novel detection kits for infectious diseases.The funds it is injecting into this tie up will cover...

MEDICAL device developer Biosensors International Group Ltd has signed an agreement to acquire substantially all assets of Spectrum Dynamics for about US$51.1 million. It will make further payments of up to US$4 million in 2014, and up to US$15 million in 2016 to Spectrum Dynamics, if certain performance benchmarks are met, Biosensors said yesterday. Under the deal, the two companies will create...

SHIPMENTS of tablets will reach 172.4 million units this year and jump to 282.7 million units by 2016, according to International Data Corporation. The rise has been prompted by several factors including connectivity and the provision of information at people s fingertips.Connectivity engenders being socially connected, allowing for collaboration and the sharing of ideas.From a corporate...