Carl Zeiss MicroImaging GmbH acquired Clarient’s equipment business and related assets, consisting of the ACIS and Trestel Instruments Systems for clinical tissue-based cancer diagnostics, for $11 million in cash in March. Dako Denmark A/S will assist in marketing the systems. In July, Carl Zeiss SMT moved its North American headquarters from Thornwood, New York, to […]
Protein Discovery named eight distributors for its PPS Silent Surfactant reagent product for MS membrane protein sample preparation: ProteoMass Australia (Australia and New Zealand), American Health and Medical Supply International (China), Professional Biotech (India), Precision Technologies (Indonesia, Malaysia and Singapore), Labogen (Italy), AMR (Japan), Chubu Science (Japan) and GenDiscovery Biotechnology (Taiwan). In July, QIAGEN NV […]
Second quarter revenues for IBO’s Lab Equipment/Consumables Sales Index grew 10.0% to $804 million, and operating profits jumped 18.0% to $222 million, leading operating margins to improve 190 basis points to 27.6% of sales. At publication time, 11 of the 12 Index firms had reported results, with estimates made only for Diploma. Biohit Oyj’s second […]
Waltham, MA and Cambridge, MA 10/1/07—PerkinElmer has agreed to acquire publicly listed ViaCell for $7.25 per share, a 52% premium over the stock’s September 30 closing price, for an aggregated price of approximately $300 million, or $260 million net of cash. ViaCell specializes in the collection and preservation of umbilical cord blood stem cells and, […]
The “competitiveness clusters” (pôles de competitivité) initiative, instituted in 2004 with an allocation of €1.5 billion ($1.85 billion) to be spent by the end of 2008, was established in order to develop the commercial potential of innovation. Of this €1.5 billion, €732 million was to be distributed to R&D for projects, €575 million was to […]
The 2007 EU Industrial R&D Investment Scoreboard shows aggregate R&D spending by 2,000 of the world’s top companies rose 10% in fiscal 2006 to €371.6 billion ($464.5 billion). R&D expenditures by the 1,000 non-EU companies surveyed rose 11.1% to €250.5 billion ($313.1 billion), compared to 7.7% in 2005. R&D spending for the 1,000 EU companies […]
Gaithersburg, MD 10/15/07; Indianapolis, IN 10/15/07—Gene Logic has agreed to sell its Genomics assets to Ocimum Biosolutions for $10 million in cash. The Genomics business includes the BioExpress System and ToxExpress System databases, Genesis Enterprise System bioinformatics software and a microarray services business. In 2006, revenues for Gene Logic’s Genomics business declined 57.1% to $24.3 […]
The government has submitted its 2007 Comprehensive Spending Review (CSR07), which sets its spending plans for 2008–09, 2009–10 and 2010–11. Of CSR07’s allocations to the Department for Innovation, Universities and Skills, research funding will total £5.6 billion ($11.4 billion) for 2008–09, £5.9 billion for 2009–10 and £6.3 billion for 2010–11. Funding for the Department for […]
Csols, a provider of implementation domain expertise, partnered with Starlims Technologies in June. Chenomx integrated its Chenomx NMR Suite with GeneGo’s MetaCore and MetaDrug Discovery platform. Genomatix GmbH formed Genomatix Software, a North American subsidiary headquartered in Ann Arbor, Michigan. Ariadne Genomics opened a European sales and support office in June. India’s Optra Systems opened […]
On September 18, on the heels of a market correction, the Federal Reserve cut the Fed funds rate by a surprising half-point to 4.75%, sending the Dow, S&P 500 and NASDAQ up 2.5%, 2.9% and 2.7%, respectively. Signs of a slowing economy incited by the declining housing market apparently swayed the Fed to take drastic […]
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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.
