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Applied Biosystems (LIFE)

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Life Technologies Corporation News Release

A Collection of Life Technologies Corporation News Release

Life Technologies Announces Fourth Quarter and Fiscal Year 2010 Results
Thursday February 3rd 2011 04:03:32 PM

Fourth quarter GAAP earnings per share of $0.37, and non-GAAP earnings per share of $0.90 Full year GAAP earnings per share of $1.99, and non-GAAP earnings per share of $3.55 Free cash flow of $183 million in the fourth quarter, and full year free cash flow of $614 million CARLSBAD, Calif., Feb 03, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) today announced results for its fourth quarter and full year ending December 31, 2010. Non-GAAP revenue for the fourth quarter was $934 million, resulting in full year non-GAAP revenues of $3.6 billion, an increase of 9 percent over the $3.3 billion reported for 2009. Exclu...

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Researchers to Report New Results Generated on Ion Torrent PGM Sequencer at AGBT
Thursday February 3rd 2011 08:31:46 AM

Rapid Pace of Development of Ion Technology Spurs Developer Community MARCO ISLAND, Fla., Feb 03, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ:LIFE), today announced that just six weeks following the launch of the Ion Torrent PGM sequencer, independent researchers will present data they generated with the system at the annual Advances in Genome Biology and Technology (AGBT) conference. The presentations demonstrate both the simplicity and speed of the Ion Torrent system-to data from delivery in six weeks --as well as how rapidly a user community is forming around the technology. The vendor community is also embrac...

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$1 Million Up for Grabs for Performing DNA and RNA Sequencing of a Single Cancer Cell
Wednesday February 2nd 2011 07:31:22 AM

Life Technologies' Grand Challenges Contest Aims to Make Cancer Sequencing Routine MARCO ISLAND, Fla., Feb 02, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) today announced that the Life Grand Challenges Contest, initially introduced in December 2010, is expanding to include a fourth challenge. This latest contest challenges scientists to sequence the genome and all RNA content derived from a single cancer cell using the 5500 Series SOLiD(TM) Sequencers. The challenge builds upon research, which will be presented at the annual 2011 Advances in Genome Biology & Technology (AGBT) Meeting, ...

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Life Technologies Sets 4th Quarter and Full Year 2010 Earnings Release Date for Thursday, February 3, 2011
Monday January 17th 2011 09:15:39 AM

CARLSBAD, Calif., Jan 17, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) announced today it will report its fourth quarter and full year 2010 financial results on Thursday, February 3, 2011, after market close. The company will also hold a conference call on the same day at 4:30 p.m. EST to discuss operating results, as well as future expectations. The webcast can be accessed through the investor relations page of the Life Technologies website at ir.lifetechnologies.com/events.cfm. Alternatively, callers may listen to the live conference call by dialing 877-280-7473 (domestic) or 707-287-9370 (international) an...

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FDA's Method Equivalency Finding Triggers Life Technologies to Launch Market's First PCR Detection Kit for Salmonella Enteritidisin Poultry Eggs
Thursday January 13th 2011 07:31:02 AM

Developed with the University of Pennsylvania School of Veterinary Medicine, the rapid molecular test provides a 10-fold reduction in waiting time for results CARLSBAD, Calif., Jan 13, 2011 (BUSINESS WIRE) --A collaboration betweenLife Technologies Corporation (NASDAQ: LIFE) and the University of Pennsylvania School of Veterinary Medicine has led to the launch of the first real-time PCR-based detection kit to test for Salmonella enteritidis (SE) in poultry eggs, providing an approximate 10-fold reduction in waiting time for accurate results. The FDA has determined that the Applied Biosystems TaqMan(R) Salmonella enteritid...

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Life Technologies Announces $500 Million Share Repurchase Program
Tuesday January 11th 2011 09:16:30 AM

CARLSBAD, Calif., Jan 11, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) today announced a share repurchase program for up to $500 million. This program authorizes management, at its discretion, to repurchase shares on the open market or in privately negotiated transactions, subject to market conditions and other factors. "The company remains committed to our long-term growth plan and our balanced capital deployment strategy," said Gregory T. Lucier, Chairman and Chief Executive Officer of Life Technologies. "Given our continued outlook for significant free cash flow generation, we believe the Company is in ...

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Life Technologies Makes DNA Sequencing More Accessible to Laboratories of All Sizes Around the World
Tuesday January 11th 2011 07:31:41 AM

New Innovations Lower Costs and Simplify Workflows CARLSBAD, Calif., Jan 11, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) today announced a series of new product innovations across the company's DNA sequencing portfolio. To date, most sequencing technologies have primarily addressed the needs of researchers in the highest throughput laboratories, limiting widespread accessibility of these powerful next-generation sequencing technologies. As a pioneer of DNA sequencing, Life Technologies continues to enable researchers in any size laboratory to access applications that meet their specific technical and fi...

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Life Technologies to Present at the 29th Annual J.P. Morgan Healthcare Conference
Monday January 3rd 2011 07:10:42 PM

CARLSBAD, Calif., Jan 03, 2011 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ: LIFE) today announced it will present at the 29th Annual J.P. Morgan Healthcare Conference on Tuesday, January 11, at 8:00 a.m. PST. Greg Lucier, Life Technologies' Chairman and Chief Executive Officer, will present on behalf of the company. The company will webcast the presentation, which will be available on the Life Technologies' investor relations website for two weeks following the conference. About Life Technologies Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology tools company dedicated to improving the human condit...

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Life Technologies Launches Ion PGM Sequencer
Tuesday December 14th 2010 05:31:04 AM

Company Initiates $7 Million Life Grand Challenges Crowdsourcing Contest CARLSBAD, Calif., Dec 14, 2010 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ:LIFE), a provider of innovative life science solutions, today announced that it has launched its Ion Personal Genome Machine (PGM(TM)) sequencer, the first product to use semiconductor sequencing technology. The sequencer is shipping to select sites in North America, Europe and Asia Pacific. The Ion PGM sequencer's unprecedented speed, scalability and affordability are driving strong interest in the system around the world and as a result, delivery priority will be...

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Life Technologies Prices Offering of Senior Notes
Thursday December 9th 2010 05:43:41 PM

CARLSBAD, Calif., Dec 09, 2010 (BUSINESS WIRE) --Life Technologies Corporation (NASDAQ:LIFE) announced today that it has priced the announced offering of $400 million aggregate principal amount of 3.50% Senior Notes due 2016 at an issue price of 99.840 percent of their face value and $400 million aggregate principal amount of 5.00% Senior Notes due 2021 at an issue price of 99.556 percent of their face value. The issuance of the notes is expected to close on December 14, 2010. The notes will pay interest on a semi-annual basis. The proceeds of the offering will be used for general corporate purposes, which may include the repayment...

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