This month, Switzerland launched SystemsX.ch, a consortium of eight universities, three research institutions and members of industry that aims to be the heart of Swiss systems biology research. For 2008–2011, a total of CHF 400 million ($352.2 million) in government funding will go to support systems biology research. However, CHF 100 million ($88.1 million) of […]
Another company is set to join the ranks of publicly held analytical instrument companies with annual revenues of more than $1 billion. On December 3, Bruker BioSciences announced a $914 million agreement to acquire Bruker BioSpin (see page 2). Combined, the companies recorded pro forma revenues of $850.5 million in 2006, adjusted operating profit of […]
Billerica, MA 12/3/07—Bruker BioSciences has entered into a definitive agreement to acquire sister company Bruker BioSpin in a transaction valued at $914 million. Bruker BioSciences will offer $388 million in cash and 57.5 million shares, which are valued at $528 million according to the 10-day average closing price as of November 28. As a result […]
Invitek Biotechnology and Biodesign GmbH, in cooperation with the Chinese company Allrun Nano Science & Technology, will adapt and extend its products for manual and automated magnetic extraction of nucleic acids. Invitrogen licensed Natural Section’s mRNA sequences for commercialization. Bio&Sel will sell and distribute nexttec GmbH’s one-step DNA isolation kits in Germany, Austria and Switzerland. […]
Radleys appointed Interchim its exclusive German distributor. Sloning Biotechnology named Microsynth the exclusive distributor of its gene synthesis service and product family of mutant libraries in Switzerland. Sloning Biotechnology selected Research & Innovation as its exclusive Japanese distributor. PNA Inventor Group granted Link Technologies a license to manufacture and sell monomers for peptide nucleic acid […]
UK-based Analysco is now distributing New Era Enterprises’ NMR sample tubes and accessories. In August, Oxford Instruments acquired VeriCold Technologies GmbH, a manufacturer of pulse tube refrigerators, for an initial payment of £2.0 million ($4.0 million) and an additional £3.7 million ($7.3 million) payable over two years based on growth targets. Varian will comarket and […]
ICx Technologies formed ICx Cryogenics to exclusively distribute Rico Cryogenic & Vacuum Systems’ products. PerkinElmer launched the EcoAnalytix Initiative, a series of application-oriented platforms for food safety, water quality and biofuels development, and announced the establishment of four EcoAnalytix global application development centers in Shelton, Connecticut; Seer Green, England; Shanghai, China; and Mumbai, India. In […]
Third quarter 2007 IBO Life Science Index sales gained 12.4% to $2,098 million, compared to 8.5% in the same period last year. While favorable currency transactions contributed to overall Index growth, organic revenues sustained significant increases. Operating profit for the Index jumped 29.7% to $311 million and operating margin gained 200 basis points to 14.8% […]
Decision Sciences exclusively licensed Los Alamos National Laboratory’s Muon Tomography technology for detection of nuclear and other weapons in car and vehicles. Full-scale production is expected to begin in early 2008. Smiths Detection LiveWire exclusively licensed Argonne National Laboratory’s PROTECT warning system that integrates chemical sensors and security cameras. Bm-t Beteiligungsmanagement Thüringen GmbH and Erfurt […]
Under a comarketing agreement, Sigma-Aldrich Research Specialties is selling Hy-Energy’s PCTPro-2000 gas sorption analyzer and related materials, and Hy-Energy is selling Sigma-Aldrich’s hydrogen storage materials. Horiba plans to expand its share of the Japanese particle size analysis market from 30% to 50% by 2010 and nearly double its share of the global market to 30% […]
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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.
