According to a new report from Ernst & Young, the US biotech industry is at its strongest. Deals among US companies reached a total of $23 billion last year, and the value of mergers and acquisitions was at its second-highest level in the industry’s history. Venture capital hit an all-time high of $5.4 billion in […]
Torrance, CA 4/11/07—Phenomenex, a developer and manufacturer of chromatography consumables, has acquired two of its exclusive distributors, Bologna, Italy-based Chemtek Analytica, a Labservice Analytica subsidiary, and Hilleroed, Denmark-based SupWare. Terms were not disclosed. According to Phenomenex, there will be no layoffs and it anticipates staff expansions for acquired companies in the second quarter. Based in […]
Functional Genomics in Norway (FUGE), which was established in 2002 to build a knowledge base and infrastructure that would help Norway to work at the frontiers of functional genomics research has announced a budget of NOK 920 million ($154.4 million) for 2007–2011, of which NOK 420 million ($70.5 million) is now available for funding projects. […]
Following up on IBO’s examination of manufacturing trends in the industry (see IBO 3/31/07), Singapore continues to be a popular location for manufacturing facilities. This February, Fluidigm launched a Biomedical Product Development Center in Singapore, which will be used for R&D of a new biochip fluorescence reader and biochip loader. Bio-Rad unveiled a 20,000 square […]
In January, implementation management company Expo Technologies acquired SpectrAlliance, which provides PAT (the FDA’s Process and Analytical Technology initiative) focused software, including NovaPAC. Yokogawa Electric appointed Shuzo Kaihori, director and senior vice president of the Industrial Automation Business, representative director and president effective April 1. President Isao Uchida was named chairman. Under a partnership agreement, […]
According to the National Science Foundation’s latest figures, US R&D spending grew an estimated 6.0% in 2006 to $342.9 billion, compared to 2005 growth of 7.8%. Adjusted for inflation, 2006 real R&D expenditures rose 3.5%, down from growth of 5.0% in 2005. The increase was driven by private sector spending, as real R&D spending by […]
Chalfont St. Giles, England 4/16/07—GE Healthcare has acquired Wave Biotech, a supplier of disposable manufacturing technologies, including the Wave bioreactor, Wave Mixer and Sterile Tube Fuser. Financial details were not disclosed. Based in Somerset, New Jersey, with approximately 70 employees, Wave Biotech has annual revenues of $25 million and its equipment is used at over […]
KBC Private Equity acquired a 75% stake in bioinformatics company Applied Maths NV in 2006. SAS and Ingenuity Systems integrated their respective JMP Genomics and Pathways Analysis solutions. Ingenuity Systems partnered with Compendia Bioscience, a provider of cancer profiling data and analysis tools, to integrate their respective Oncomine Professional and Pathways Analysis solutions. Thermo Fisher […]
Prices of iron ore and nickel reached all-time highs this year, and prices for other key metals have been going strong for five years, driven in part by limited supplies and increased demand from the booming economies of China and India. Copper climbed to its highest price of $4 a pound in 2006, and is […]
Santa Clara, CA 3/16/07; 4/25/07—As part of its first quarter earnings announcement, Symyx Technologies stated that due to market changes it is lowering its 2007 guidance and changing its business model. The company lowered its guidance for 2007 revenues from $133–$140 million, made in February, to $110–$120 million, and its guidance for net income from […]
Pay Invoice
Latest Blogs
-
New Report Details Higher Education Science R&D Spending
February 27, 2026 3:23 pm
-
Single Use Leads Bioreactor Market Growth
December 30, 2025 6:04 pm
Sitemap
Your Data and Privacy
About Us
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.
