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 […]
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 […]
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 […]
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 […]
The fiscal 2007 federal budget was finally signed into law by President Bush on February 15. The law makes permanent most of the funding amounts in the continuing resolution passed by Congress in December 2006 that essentially froze agency and program budgets at fiscal 2006 levels. However, Congress did provide funding increases for selected programs […]
While President Bush’s proposed budget for FY08 would increase the total federal R&D investment by 1.4% to $143.0 billion, federal support of basic and applied research would decline to $55.4 billion, a 2% drop from the FY07 budget. Not including NASA, the total budget increase for nondefense R&D agencies is only 0.8%, below the national […]
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 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 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 […]
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 […]
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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.
