Lansing, MI 8/27/15—Neogen has purchased UK-based Lab M, a developer, manufacturer and supplier of microbiological culture media and diagnostics systems for the food, water, industrial and clinical markets, for an undisclosed amount. “Lab M’s prepared media is a new product line for us, and its patents and licenses will greatly enhance our efforts to develop […]
Calendar year second quarter organic growth continued at a strong pace for major US publicly held instrument and laboratory product companies. However, currency headwinds, as well as weakness in industrial markets and Japan expunged organic growth. Currency reduced gains by about 7%, resulting in roughly flat second quarter average sales growth. Pharmaceutical and biotechnology markets […]
Following the recall in India of Nestle’s Maggi noodles for higher-than-permitted levels of lead and MSG, the Food Safety and Standards Authority of India (FSSAI) has requested that states step up their monitoring of milk, packaged drinking water and edible oils. It has also asked food commissioners to increase testing of these products. The FSSAI […]
Lansing, MI 6/1/15—Neogen has announced the acquisition of the assets of Sterling Test House, a food testing lab based in southwest India with 40 employees. Financial details were not disclosed. “Much as we did in China, this acquisition is intended to bolster our long-term strategy of accelerating our revenue growth in critical global food safety […]
A single quadrupole MS (SQMS) system is a mass analyzer with one mass-filtering cluster. SQMS, particularly when paired with UHPLC, is a technique that is becoming more prevalent in routine food analyses, including the detection of polycyclic aromatic hydrocarbons, pesticides and aflatoxins. Traditional methods of food analysis have typically used higher-performing instruments, such as LC/MS/MS […]
The Korea National Food Cluster, or Foodopolis, will be built in Iksan, South Korea, and open by June 2016. It will be the site of R&D for about 150 food companies. The center is expected to create 22,000 jobs and generate $14 billion in processed and value-added products each year. Three R&D facilities are planned: […]
This year, the first edition of IBO’s biannual article on new labs reports the construction of several academic, government and industrial labs. The table on page 3 shows some of the largest buildings for academic research in the sciences that have been approved or are already under construction, as well as new labs in the […]
The US FDA is experiencing insufficient funding to carry out the steps required by the Food Safety Modernization Act (FSMA) of 2010 (see IBO 12/31/10). According to the Congressional Budget Office, the FDA would have needed $580 million to do this from 2011 to 2015. However, less than half of the amount has been appropriated. […]
The global food and agricultural market, valued in the trillions of dollars, employs multiple analytical technologies for food research and -safety testing, resulting in a food-applications market valued in the billions. The technologies include a wide range of instruments and consumables for a variety of techniques, including process analysis, MS, materials characterization and surface science. […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
