Company Announcements For the fiscal year ending March 31, sales for Takara Bio’s Genetic Engineering Research unit fell 4.8% to ¥15,882 million ($185 million) (see IBO 9/30/11). Sales of research reagents and contract research services were each unchanged. Scientific instrument sales declined significantly due to last year’s demand from public agencies. The unit aims for […]
Männedorf, Switzerland 10/7/11—Tecan has announced the initiation of a succession process for its CEO. Tecan’s Board in coming months will elect a new CEO, replacing current CEO Thomas Bachmann, whose employment ends October 31, 2012. The company stated that the process follows its strategic realignment of the last two years, which has resulted in a […]
Tokyo, Japan 9/28/11—Sony has announced the acquisition of Micronics, a provider of microfluidics technology for diagnostic applications, including point-of-care solutions, and research applications. The main focus of the company recently has been a molecular diagnostic platform for infectious diseases, according to Sony. “We believe that the combination of Micronics’ development capabilities in the medical diagnosis […]
Washington, DC 9/20/11—In a filing with the SEC, sequencer firm Pacific Biosciences announced the layoff of 130 employees, or 28% of its workforce. The company stated that the action was taken because of “uncertainties associated with the economic environment and to position the company for long-term success.” The reductions, which should be completed this month, […]
Wood Dale, IL 9/9/11—At its analysts meeting this month, Danaher confirmed that its plans to lay off 1,000 employees at recently acquired Beckman Coulter (see IBO 2/15/11) as part of a significant restructuring effort at the business. At the end of 2010, Beckman Coulter had 11,900 employees. Danaher stated when it announced its plans to […]
Company Announcements Shimadzu announced in June a collaborative research agreement with Japan’s National Cancer Center in the areas of early cancer diagnosis, pharmacokinetic analysis and medical treatments. In June, JEOL opened a company based in New Delhi, India, dedicated to analytical instruments. Blue Star remains the company’s Indian distributor but will concentrate on Electron Optics […]
Eden Prairie, MN 8/25/11—MTS Systems Chairman and CEO Laura B. Hamilton has stepped down by mutual agreement, effective August 25. Board member William V. Murray has been named interim CEO. He was most recently president of ReShape Medical and, prior to that, served as president of Applied Biosystems’ Molecular Biology Division. Board member David J. […]
Darmstadt, Germany 8/26/11—Merck KGaA has named Robert Yates president of its Merck Millipore division effective September 1. He will report to Bernd Reckmann, who is responsible for Merck’s Chemicals business sector, of which Merck Millipore is a division. Mr. Reckmann previously led Merck Millipore. He stated that the company appointed a dedicated president for Merck […]
Company Announcements In April, Metrohm became the exclusive distributor of Analytik Jena’s analytical measurement products in India and Scandinavia. In May, Anton Paar opened its 14th foreign subsidiary in Malmö, Sweden, to serve Sweden, Denmark and Finland. In June, Corning hired Dr. Richard Eglen as vice president and general manager of its Life Sciences business. […]
Port Washington, NY 8/8/11; Lake Forest, IL 8/8/11—Pall has appointed Larry Kingsley as president and CEO effective October 3. Mr. Kingsley was previously chairman, president and CEO of IDEX. He replaces Eric Krasnoff, who announced his retirement earlier this year (see IBO 3/15/11). To replace Mr. Kingsley, IDEX has promoted Andrew Silvernail to CEO effective […]
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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.
