Company Announcements For the first six months, sales for Mettler-Toledo‘s Laboratory business grew 6% excluding currency to roughly $533 million to account for 46% of revenues. First and second quarter Laboratory sales advanced 7% and 6% excluding currency, respectively. Sales growth was driven by increased demand and favorable pricing for analytical instruments and laboratory balances. […]
London, UK 9/9/14; Cambridge, UK 9/9/14—Abcam, a publicly held provider of protein-research tools and services, announced the appointment of Alan Hirzel as CEO, effective immediately. He replaces Jonathan Milner, PhD, who will now serve as deputy chairman. Mr. Hirzel previously served as chief marketing officer. “Alan will take over the leadership of the company, with […]
Washington, DC 9/2/14—Danaher has implemented its succession plan (see IBO 4/30/14) ahead of schedule, appointing Thomas P. Joyce, Jr. as president and CEO, effective September 9. “The transition has proceeded quite well since April, and the Board has concluded that Tom is now ready to be Chief Executive Officer,” commented Steven M. Rales, chairman of […]
Washington, DC 8/29/14—Bio-Rad Laboratories stated in an SEC filing that Bradford J. Crutchfield, executive vice president and president of its Life Sciences Group, is no longer employed by the company, effective August 26. A replacement has yet to be named.
Company Announcements In May, QIAGEN cofounder Dr. Detlev Riesner stepped down from the Supervisory Board. Dr. Elaine Mardis, codirector of the Genome Institute at Washington University and the Robert E. and Louise F. Dunn Distinguished Professor of Medicine, was proposed as a new member. Endress+Hauser revenues rose over 7% in 2013 to €1.8 billion ($2.4 […]
Company Announcements Personal Genomics announced in April an exclusive sales alliance for Knome’s knoSYS platform in Italy. Under a distribution agreement, Bina Technologies will include runtime licenses for Appistry’s Genome Analysis Toolkit and Cancer Genome Analysis Suite analysis tools as part of its Bina Analytical genomics platform. First quarter Pacific Biosciences sales soared 108.7% to […]
Company Announcements Thermo Fisher Scientific sold Separation Technology, a manufacturer of IVD devices for the hematology-testing market, to EKF Diagnostics for $4.0 million in March. Thermo Fisher Scientific announced a memorandum of understanding in May with the National University of Singapore to develop a strategic alliance to advance basic and applied research. For up to […]
Company Announcements Andor Technology, an Oxford Instruments company, appointed Gary Wilmot, director of Engineering, as managing director in March. He replaces Conor Walsh. Hitachi High-Technologies announced in April the establishment of a Mexican subsidiary to accelerate business development in the automotive and industrial markets. In April, EMD Millipore announced a new, nonexclusive preferred-distribution agreement for […]
Company Announcements In January, Bruker named Andy Boorn as president of its CAM division. Mr. Boorn previously served as president of AB SCIEX. Bruker also announced plans to narrow CAM’s strategic focus. In February, the company merged the commercial management organizations of its CAM and LSC divisions. In February, Avacta named Michael Albin, PhD, to […]
Mixed financial results influenced compensation in fiscal 2013 (FY13) as just over half of the top executives in IBO’s Stock Indexes recorded higher pay, according to IBO’s latest review of US instrument and lab product companies’ executive compensation. For the 34 CEOs and/or presidents from the 32 companies in the Indexes who have served in […]
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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.
