Navigation Links
Life Technologies Announces Redemption of 3.25% Convertible Senior Notes Due 2025
Date:5/11/2011

CARLSBAD, Calif., May 11, 2011 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE) announced today that it has given notice of its intention to redeem all of the outstanding 3.25% Convertible Senior Notes due 2025 (the "2025 Convertible Notes") on June 15, 2011. As of May 6, 2011 there was $350,000,000 in aggregate principal amount of the 2025 Convertible Notes outstanding. The redemption notice provided includes CUSIP Numbers: 46185RAL4 and 46185RAM2.

(Logo:  http://photos.prnewswire.com/prnh/20110216/MM49339LOGO)

The 2025 Convertible Notes are convertible at any time prior to 5:00 p.m. Eastern Time, June 14, 2011 at a rate of 20.3560 shares of common stock per $1,000 principal amount of the 2025 Convertible Notes surrendered. The 2025 Convertible Notes surrendered for conversion will be settled in cash and stock in accordance with the provisions of the indenture.

The U.S. Bank National Association, the trustee for the 2025 Convertible Notes, is mailing a Notice of Redemption to all registered holders of the 2025 Convertible Notes on May 11, 2011. Copies of such Notice of Redemption and additional information relating to the procedure for redemption and/or conversion of the 2025 Convertible Notes may be obtained from the U.S. Bank National Association by calling (800) 934-6802.

About Life Technologies

Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology company dedicated to improving the human condition. Our systems, consumables and services enable researchers to accelerate scientific and medical advancements that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance the fields of discovery and translational research, molecular medicine, stem cell-based therapies, food safety and animal health, and 21st century forensics. The company manufactures both molecular diagnostic and research use only products. Life Technologies' industry-leading brands are found in nearly every life sciences lab in the world and include innovative instrument systems under the Applied Biosystems and Ion Torrent names, as well as, the broadest range of reagents with its Invitrogen, GIBCO, Ambion, Molecular Probes and Taqman products.  Life Technologies had sales of $3.6 billion in 2010, has a workforce of approximately 11,000 people, has a presence in approximately 160 countries, and possesses one of the largest intellectual property estates in the life sciences industry, with approximately 3,900 patents and exclusive licenses. For more information on how we are making a difference, please visit our website: http://www.lifetechnologies.com.

Contact Information:
Eileen Pattinson
760-603-7208
ir@lifetech.com

Agnes Lee
760-268-7971
agnes.lee@lifetech.com


'/>"/>
SOURCE Life Technologies Corporation
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. BioSpecifics Technologies Corp. to Present at SEVEN, Noble Financial Capital Markets Seventh Annual Equity Conference
2. Applied Isotope Technologies Opens New Facility in PLSG Life Sciences Campus
3. Reportlinker Adds Markets for Emerging Pharmaceutical Technologies
4. Event for Coverage Wednesday, May 11, 2011: Join Life Technologies Carlsbad-Based Employees for its Eighth Annual Global Volunteer Day
5. Life Technologies Launches 7500 Fast Dx Real-Time PCR Instrument and 3500 Dx Series Genetic Analyzer in Japan
6. Hotspur Technologies’ IQCath Catheter Receives CE Mark
7. China Medical Technologies to Present at Jefferies 2011 Global Healthcare Conference on June 7, 2011
8. Hologic Features New Minimally Invasive Technologies at the American Congress of Obstetricians and Gynecologists Annual Meeting
9. Reportlinker Adds Medical Imaging Technologies for Oncology Diagnostics: The Global Market
10. Castlight Health Enables Life Technologies to Take Control of Health Care Costs
11. Netsmart Technologies Launches Exchange for Customers to Share Applications and Information
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... , June 26, 2016 ... care operating models within the health care industry is ... financial efficiency , Deloitte offers a suite of ... business issues impacting efficient cost optimization: labor resource analysis, ... These services facilitate better outcomes and better economics ...
(Date:6/24/2016)... N.J. , June 24, 2016  Collagen ... the design, development and manufacturing of collagen and ... regeneration announced today that Bill Messer ... and Marketing to further leverage the growing portfolio ... medical devices. Bill joins the Collagen ...
(Date:6/24/2016)... 24, 2016   Bay Area Lyme Foundation ... Dean Center for Tick Borne Illness , Harvard ... MIT Hacking Medicine, University of California, Berkeley, and ... the five finalists of Lyme Innovation , ... than 100 scientists, clinicians, researchers, entrepreneurs, and investors ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... , ... TopConsumerReviews.com recently awarded their highest five-star rating to Best Buy Eyeglasses, ... the United States and Canada wear eyeglasses. Once considered to be a purely functional ... a fashion statement. Even celebrities use glasses as a way of creating an iconic ...
(Date:6/26/2016)... ... , ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop a ... fitness app plans to fix the two major problems leading the fitness industry today:, ... type program , They don’t eliminate all the reasons people quit their exercise ...
(Date:6/25/2016)... , ... June 25, 2016 , ... "With 30 hand-drawn ... specific project," said Christina Austin - CEO of Pixel Film Studios. , ProHand ... all within Final Cut Pro X . Simply select a ProHand generator and ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of indulgence ... high can result in disappointment, perhaps even self-loathing. However, those who set the bar ... from PsychTests.com reveals that behind the tendency to set low expectations is ...
(Date:6/24/2016)... ... 24, 2016 , ... The Pulmonary Hypertension Association (PHA) learned ... receive two significant new grants to support its work to advance research and ... by recognizing patients, medical professionals and scientists for their work in fighting pulmonary ...
Breaking Medicine News(10 mins):