Under a collaboration and licensing agreement with Dr. Gerry Shaw of the University of Florida and EnCor Biotechnology, Millipore is developing a neurofilament ELISA kit to measure the biomarker pNF-H. Millipore named Charles Wagner, vice president of Strategy and Corporate Development, CFO, effective August 15. Meridian Bioscience restructured and expanded its Meridian Life Science subsidiary […]
Syrris opened an office in La Jolla, California. Biotage AB elected Axel Broms and Per-Olof Eriksson to its Board, replacing Jeff Bork and Björn Odlander. In May, Agilent and Integrated DNA Technologies agreed to harmonize their chemistry, processes and analytical techniques and to provide reciprocal referrals for synthetic oligonucleotides, creating a complete development pathway for […]
Abingdon, UK 7/26/07—Oxford Instruments has agreed to acquire 81.4% of Worldwide Analytical Systems AG (WAS), a supplier of arc/spark optical emission spectrometers. Oxford Instruments will pay a maximum of £9.3 million ($19.1 million) in cash. Based in Uedem, Germany, with 67 employees, WAS generated 2006 revenues of £5.7 million ($10.5 million) and a profit of […]
Once again volatility ruled the markets in July. The major indexes experienced several extreme swings, both positive and negative, mainly due to conflicting news of positive earnings reports and analyst concerns over the debt markets. In response to subprime and other mortgage debt issues, lenders reported tightening liquidity restrictions in the corporate sector. Such limitations […]
Hitachi High-Technologies Life Science’s revenue for fiscal 2007 ended March 31 rose 9.3% to ¥933 billion ($8.1 billion) (see IBO 6/30/07) to account for 9.8% of company sales. Operating profit increased 39.4% to ¥123 billion ($385.3 million). Sales of liquid chromatographs and DNA sequencers increased. Hitachi High-Technologies opened a branch office in Moscow, Russia, in […]
IBO published its annual analytical and life science instrument industry forecast for 2007 in mid-January (see IBO 1/15/07). While we only had preliminary estimates of the industry’s 2006 performance, it was clear that the year was better than 2005. Still, a fair amount of uncertainty remained about our 2007 forecast, not the least being the […]
IO Informatics appointed Robert Stanley, cofounder and CTO, president and CEO in April. VelQuest integrated its GMP Electronic Notebook System, designed for QA/QC applications, with Symyx Technologies’ electronic lab notebook applications, which are designed for R&D. Thermo Fisher Scientific granted Sage-N Research a sublicense to sell the SEQUEST search engine products. Agilent integrated EMC’s NetWorker […]
In April, Veeco Instruments appointed Jeannine M. Sargent, executive vice president of Metrology and Instrumentation, Corporate Marketing and Business Development, as executive vice president, Business Development. Under a collaboration agreement, Veeco and Leica Microsystems GmbH will integrate their respective BioScope II atomic force microscope (AFM) and DMI series inverted microscope for cell biology applications. Veeco […]
Edison, NJ and Hamburg, Germany 7/11/07—Eppendorf AG has agreed to acquire New Brunswick Scientific for approximately $110 million. Eppendorf will acquire the outstanding common stock for $11.50 per share, a 43% premium over the July 10 closing price, and will settle all outstanding stock options for cash. New Brunswick Scientific will become a subsidiary of […]
R&D spending by analytical and life science instrument companies showed a robust increase last year, according to IBO’s annual survey of R&D spending, indicating healthy business conditions and an optimistic forecast among instrument companies. In fact, several companies, both large and small, made sizable increases to R&D. R&D spending by the 15 instrument companies surveyed […]
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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.
