May started with upbeat earnings announcements and mergers and acquisitions news that helped sustain the strong April rally. On May 3, better than expected first quarter productivity data and lower than expected labor costs helped push the Dow Jones Index to another record close and the S&P 500 Index to cross the 1,500 mark for […]
In April, President Vladimir Putin announced the Presidential Nanotechnology Initiative. At least RUB 28 billion ($1.1 billion) in government funding will be allocated for the initiative through 2010; some funds will go to the purchasing new laboratory equipment. According to the Russian government, RUB 150 billion ($5.8 billion) has already been invested in nanotechnology. Putin […]
The calendar-year first quarter proved to be an outstanding quarter for major analytical instrumentation providers. Growth in key end-markets remained robust. Among end-users, industrial spending, especially in the petrochemical and commodities sectors, continued to fuel instrument demand. Steady spending by big pharmaceutical companies was also reported by providers. Regionally, China and India remained the focal […]
Consulting firm Taratec introduced Intelligent Solutions-LAB, a family of services designed to improve laboratory performance and productivity. It includes Operations Intelligence-LAB, Workflow Intelligence-LAB and Technology Intelligence-LAB. Thermo Scientific Asset Management Services appointed a specialized European team and launched a tailored service solutions with a focus on the UK, Germany, France, Spain, Italy, the Netherlands and […]
New York, NY 5/30/07—Enzo Life Sciences, a subsidiary of Enzo Biochem, has signed an agreement to acquire Axxora Life Sciences for approximately $16.3 million in cash. Axxora, based in San Diego, California, manufactures and markets life science reagents. Two of Axxora’s divisions, ALEXIS Biochemicals and Apotech, are based in Switzerland, and manufacture a variety of […]
Once exclusively large, cumbersome instruments, both gas chromatographs (GC) and mass spectrometers (MS) have shrunk dramatically in size and power requirements. This has led to the development of GC/MS systems that can be operated outside of the laboratory. However, most of these instruments have been mobile, but not truly “man-portable” until more recently. . The […]
San Francisco, CA 5/1/07—TIBCO Software, a provider of enterprise software, has agreed to acquire Spotfire for $195 million in cash. Spotfire specializes in data visualization analytics software. Its DecisonSite software, which features specific products for functional genomics, microarray analysis and lead discovery, is widely used by life science researchers. TIBCO will retain the Spotfire name […]
Idaho Technology exclusively licensed from the University of Utah Research Foundation the patent for “Monitoring Amplification with FRET Probes,” covering real-time PCR amplification kits. In February, QIAGEN NV broadened its portfolio of licenses to include all of Roche’s real-time PCR patents. The company also licensed patents related to Ortho Clinical Diagnostics’ “Hot-Start” technology. Sales for […]
Nanotechnology has been a familiar buzzword for a number of years, but the field itself has yet to meet its impressive potential. While there is no shortage of companies involved in nanotechnology, Nanosys, based in Palo Alto, California, has attracted considerable attention since its founding in 2001. In March, Nanosys partnered with Bruker Daltonics for […]
West Chester, PA 5/2/07—Clayton, Dubilier & Rice (CD&R) has agreed to sell VWR International to private equity investor Madison Dearborn Partners (see IBO 3/15/07). Terms of the deal were not disclosed. VWR is a distributor of laboratory products to research labs. VWR’s 2006 revenues rose 4% to more than $3.2 billion (see IBO 4/15/07). “Together […]
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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.
