Austin, TX 8/7/13; Washington, DC 7/7/13—Luminex has announced a restructuring plan, including a 5% reduction in its workforce. The plan will affect the Assay and Related Products’ Newborn Screening Group, as well as the company’s Brisbane, Australia, office, which will be closed. The changes are expected to result in annualized cost savings of $5–$6 million, […]
Company Announcements Microfluidics firm Hurel closed a $9.2 million Series A private equity financing facility in April. In April, Aushon BioSystems named Susan Vogt CEO, replacing founder Peter Honkanen, who assumed the role of COO. Most recently, Ms. Vogt was president and CEO of SeraCare. IntegenX named Robert A. Schueren CEO in April. Most recently, […]
Company Announcements Takashi Nishijima, director and senior vice president of the Industrial Automation Platform Business, was named representative director and president of Yokogawa Electric, effective April 1. SICK acquired in April Ação Solucão, its Brazilian distributor. Ação Solucão has more than 30 employees. SICK’s 2012 revenues rose 7.6% to €971.3 million ($1,245 million) (see page […]
Company Announcements GE Healthcare Life Sciences revenue was flat in the first quarter, according to GE’s conference call. FLIR Systems named Andrew C. Teich, president of Commercial Systems, president and CEO in May, replacing Earl Lewis, who remains chairman. QIAGEN first quarter revenues grew 2.4%, 1% organically, to $303.6 million (see IBO 4/30/13). AmniSure (see […]
Company Announcements Bruker named Juergen Srega president of the Bruker CALID Group in January. He served as vice president and general manager, Biomarkers, at BRAHMS, a Thermo Fisher Scientific company, from 2011 to 2012. In March, Veolia Environnement and bioMérieux announced a research partnership to develop an innovative technology for the continuous monitoring of the […]
Investors may find solace in the correlation between compensation awards and financial performance at the 37 firms in IBO’s Stock Indexes. In fiscal 2012 (FY12), total compensation packages declined for 28 of the 44 presidents, CEOs or heads of dedicated business units at these companies who have held their respective roles for more than one […]
Company Announcements Sigma-Aldrich’s BioReliance business named Archie Cullen, former vice president of Sigma-Aldrich SAFC, president in March. BioReliance agreed to acquire the colonies required for the Big Blue transgenic rodent mutation assay, the first in vivo genetic toxicology mutation assays to be approved by the Organization for Economic Co-operation and Development, and obtain a license […]
Company Announcements Illumina announced in January that its 2013 organic investments will include the addition of 50 sales representatives for improved geographic reach, incremental R&D investments and infrastructure enhancements. Becton, Dickinson and Company appointed Catherine M. Burzik to its Board in January. Most recently, she was CEO of Kinetic Concepts. QIAGEN currency-neutral fourth-quarter 2012 revenues […]
Company Announcements In January, Anton Paar opened subsidiaries in Poland, South Africa and Brazil. Microwave synthesis and Petrotest products will continue to be distributed in Poland by Comef and Tusnovics, respectively. The South African subsidiary is a joint venture with sales partner Swiss Lab. In January, AMETEK Advanced Measurement Technology acquired Sunpower, a developer of […]
Company Announcements PerkinElmer opened a customer center in Krakow, Poland. Analytik Jena was among the supporters of an endowed professorship in fiber optics awarded to Markus Schmidt at Germany’s University of Jena. HORIBA inaugurated in November 2012 its research and technology center at France’s Saclay Technopole. The facility, which is 7,500 square feet with the […]
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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.
