Madison, WI 3/16/07—Microarray provider NimbleGen Systems has filed a registration statement with the US Securities and Exchange Commission for an initial public offering of its common stock. The number of shares and price range have yet to be determined. NimbleGen Systems’ 2006 revenues increased 42.6% to $13.5 million and the company had an operating loss […]
Company Announcements AAPPTec appointed Presearch to distribute its peptide and organic molecule synthesis instruments. Biotage AB announced in February that due to the “unsatisfactory” profitability of its Chemical Development business, it will gradually close the business. Biotage AB and McMaster University’s Institute of Applied Radiation Sciences signed an agreement to develop a new chemistry platform […]
Company Announcements Labtronics named Axion Control Systems a reseller of its LimsLink Suite. Labtronics appointed Katálysis as an authorized distributor of the LimsLink Suite for Brazil. In March, Symbion Systems partnered with Labtronics to offer solutions combining Symbion’s DX, RX and LX spectroscopic data software and Labtronics’ LimsLink. LabVantage Solutions established an office in Mumbai, […]
Earlier this month, the US Department of Energy (DOE) released its final operating plan for fiscal 2007 (see IBO 2/15/07). The DOE’s budget of $23.598 billion includes $3.8 billion for the Office of Science, a 4.5% increase over the fiscal 2006 appropriation. Within the Office of Science, funding for biological and environmental research decreased 14.3% […]
Company Announcements Germany’s Molnar-Institut acquired DryLab chromatography modeling software and the MethodMatch and ColumnMatch software from Rheodyne in 2006. Dionex established a European customer support center in 2006 in Olten, Switzerland. It joins the company’s other support centers in the US, China and Thailand. Dionex opened a new North American sales and service facility in […]
Hopes were high for Pittcon this year. After all, the conference was returning to Chicago, Illinois following a two-year stint in Orlando, Florida. Although not as temperate as Florida, in 2004, Chicago had hosted a Pittcon attended by over 25,000, the highest attendance in past six years. Preliminary numbers as of February 28 show a […]
Since 2000, biomedical sciences (BMS) manufacturing output in Singapore has nearly quadrupled. According to the Agency for Science, Technology and Research, total expenditure on biomedical research in Singapore grew from SGD 310.7 million ($203.7 million) in 2001 to SGD 888.9 million ($582.8 million) in 2005. The latest step in this growth trend was a 30.2% […]
The Indian government released its fiscal 2007–08 (starting April 1) budget on February 28. The budget contained favorable news for instrument companies and their customers. The annual budget for the Ministry of Science and Technology rose 46% to Rs3,271 ($74.0 million). Within the Ministry, the Department of Science and Technology received a 58% increase in […]
Aliso Viejo, CA 3/8/07—Carl Zeiss Microimaging has acquired Clarient’s ACIS and Trestle Instrument Systems business assets and intellectual property for $11 million in cash and an additional $1.5 million based on post-closing conditions. In 2005, revenues for Clarient’s Technology Group, which includes fee-per-use and system sales, rose 16% to $8.7 million, including $4.4 million in […]
London, England 3/12/07—Linde has sold BOC Edwards’s vacuum and semiconductor businesses to private equity firm CCMP Capital for €685 million ($901.1 million). BOC Edwards is a supplier of vacuum systems to analytical instrumentation companies, among other industries. “This is the start of a new independent era for BOC Edwards in which we can focus on […]
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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.
