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 […]
West Chester, PA 3/12/07—VWR International, the largest independent distributor of laboratory products and services, has announced that it has retained Goldman Sachs & Co. and Banc of America Securities to explore strategic options. “As this process moves forward, we remain committed to maintaining our strong relationships with our customers and suppliers and to the continued […]
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% […]
Company Announcements Life Therapeutics spun out its LifeGels division, a manufacturer of electrophoresis gels, and Life Bioprocess division into a new company, NuSep, in late 2006. The divisions’ 2006 sales rose 95% to $793,000. Nu Sep is expected to list on the Australian stock exchange in late March. Under a partnership for sales, marketing and […]
New York, NY 2/13/07; Carlsbad, CA 2/13/07—Invitrogen has agreed to sell BioReliance to private equity firm Avista Capital for $210 million. BioReliance, a contract service organization providing biological safety testing, toxicology, viral manufacturing and laboratory animal diagnostic services, has annual revenues of $110 million and provides services to more than 600 clients per year. Tim […]
Company Announcements Ingersoll Rand Security Technologies agreed to jointly market and sell HiEnergy Technologies’ SIEGMA explosives detection and confirmation system. RAE Systems integrated its chemical and radiation product lines into MDI Security Systems’ ONE Unified Technology platform. Thermo Fisher Scientific’s Santa Fe, New Mexico radiation detection equipment manufacturing facility will cease operations in March, according […]
Company Announcements Beckman Coulter signed an OEM and supply agreement in fall 2006 to provide the Agencourt RNAClean nucleic acid purification product for packaging in NuGEN Technologies’ WT-Ovation Pico RNA Amplification System. Finnzymes Instruments licensed key thermal cycler and PCR patents from Applied Biosystems in fall 2006. In January, Finnzymes Instruments and Bridge Biosciences formed […]
Company Announcements CETAC Technology entered into a marketing and partnership agreement with Coherent for its GeoLasPro Laser Ablation System in fall 2006. CETAC Technology named StarLab SaS as its Italian distributor in fall 2006. PANalytical, a Spectris company, opened a direct sales and support organization in Mexico in November 2006. The employees of PONA, the […]
With 15 of the 23 Laboratory Instrument Sales Index companies reporting calendar year-end results, fourth quarter 2006 revenues grew an estimated 10.5% to $4,131 million. Fourth quarter operating profit growth rebounded from a year ago, improving 8.0% to $707 million. However, operating margin dropped 40 basis points to 17.1% of sales. The five largest instrument […]
Company Announcements Alpha Technologies Services, a Roper Industries company, signed an exclusive distribution agreement with AFA Technologies (Instruments) Shanghai for China, effective October 1, 2006. ADMET entered the Indian market with its universal testing machines, as well as other products, in October 2006. It sells direct and through representatives. In fall 2006, Q-Sense AB, the […]
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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.
