Company Announcements HORIBA and the Beijing Center for Physical and Chemical Analysis announced in April that they will establish an R&D center to facilitate research on new analysis and measurement methods and equipment. In May, BioSurplus completed raising the majority of its $1.5 million capital from KI Investment Holdings, which will be used to fund […]
Radnor, PA 7/26/12; Washington, DC 7/25/12—VWR International Chairman, President and CEO John Ballbach has left the company, effective July 25. Manuel Brocke-Benz, senior vice president and managing director of Europe, Lab and Distribution Services, has assumed the position of interim CEO. The company has initiated a search for a new CEO. Mark McLoughlin, senior vice […]
Safety is increasingly on the radar of laboratories. An October 2011 Chemical Safety and Hazard Investigation Board report recommended new hazard evaluation guides and safety bulletins for labs. A company whose products are dedicated to the safe handling of hazardous liquids is SCAT Europe. Based in Mörfelden, Germany, SCAT Europe was founded in 2003 to […]
Company Announcements QIAGEN’s first-quarter sales rose 13% at constant exchange rates, including 7% growth from acquisitions and a 1% decline from currency. At constant exchange rates, sales in the Americas, Europe/Middle East/Africa and Asia-Pacific grew 15%, 12% and 14% to make up 47%, 34% and 18% of sales, respectively. Seven emerging countries accounted for 10% […]
Company Announcements In March, a Delaware District Court consolidated shareholders’ class action suits against Illumina’s Board, alleging breach of fiduciary duties in connection with Roche’s tender offer (see IBO 1/31/12). In February, Waters acquired the net assets of its Israeli sales and service distributor for $6 million in cash. DKSH, a provider of market expansion […]
New regulations adopted in January 2011 allowing shareholders an advisory vote to approve executive compensation had little impact on total disbursement last fiscal year for the top executives at the companies in the IBO Stock Indexes (see IBO 4/30/12). In fiscal 2011, total average compensation for the 40 company presidents and CEOs at the 37 […]
Company Announcements Thermo Fisher Scientific appointed C. Martin Harris, MD, MBA, to its Board, effective March 30. He is the chief information officer and chairman of the information technology division of Cleveland Clinic. He is also responsible for strategic business planning. Thermo Fisher Scientific named David M. Sabatini, MD, PhD, to its Scientific Advisory Board […]
Company Announcements Anton Paar established new subsidiaries in Italy and Turkey in December 2011. Hach named VWR a local distributor for its laboratory products in Australia and New Zealand. Technology trading group Addtech Life Science acquired BioNordika in January. BioNordika markets reagents and instruments for biomedical research and has annual sales of around SEK 80 […]
Company Announcements Illumina named Laura Lauman vice president of Marketing in December 2011. She was formerly president of AB SCIEX. In January, Illumina appointed Marc Stapley senior vice president and CFO. Previously, he was senior vice president, Finance, at Pfizer. The Austin Business Journal reported in December 2011 that Thermo Fisher Scientific will hire 150 […]
Company Announcements In November 2011, Shimadzu signed a memorandum of understanding with Singapore’s Nanyang Polytechnic to set up a Center of Excellence in Food Safety & Laboratory Analytical Methods. Agilent in November 2011 joined the sponsors of GreenCentre Canada, a national center of excellence for commercializing green chemistry discovery generated by academic researchers and industry. […]
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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.
