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 […]
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% […]
The United Kingdom’s fiscal 2007 budget, announced on March 21, increased resources for scientific research. The budget specified a 2.5% average annual increase in real terms in science spending to £6.287 billion ($12.267 billion) by 2010–11. In 2007–08, UK science spending totals £5.397 billion, including £3.383 billion for the Department for Trade and Industry and […]
According to “Public Support for Science and Innovation,” a new report by Australia’s Productivity Commission, the Australian government budgeted an estimated AUD 5.974 billion ($4.492 billion) for science and innovation in 2006–07. Major government research agencies accounted for 23% of funding, including the Commonwealth Scientific and Industrial Research Organization, which recieved AUD 607.2 million, making […]
Despite divergent economic data, all three major indexes managed to gain ground this month. The S&P climbed 1.0%, the Dow Jones rose 0.7% and the NASDAQ increased 0.2%. On March 29, the Commerce Department revised the fourth quarter GDP growth rate from 2.2% to 2.5%. The change was spurred primarily by escalating inventories of unsold […]
Fourth quarter 2006 IBO Life Science Index sales rose 8.7% to $2,124 million. Operating profit for the same period gained 2.8% to $343 million, a steep decline from the previous quarter’s operating profit growth of 19%. Operating margin slipped 110 basis points from 17.2% to 16.1% of revenues. Year-over-year Life Science Index sales increased 7.7% […]
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 […]
IonSense named KR Analytical as the European distributor for its DART MS ion source in November 2006. Bruker Daltonics and HealthLinx will file a joint patent cooperation treaty for the biomarker candidates for pregnancy complications discovered under their existing collaboration. Bruker Daltonics retains marketing rights to the blood test in Europe, UK, Africa and South […]
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% […]
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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.
