Merck KGaA and Sigma-Aldrich Consolidation continued in the lab-products market, as less than a year after Thermo Fisher Scientific’s purchase of Life Technologies (see IBO 2/15/14), Merck KGaA announced a $17 billion deal to buy Sigma-Aldrich (see IBO 9/30/14). The deal highlights the importance of scale and diversification and transforms Merck/EMD Millipore into a major […]

San Diego, CA 1/12/15; San Francisco, CA 1/12/15; Washington, DC 1/12/15—At the annual JP Morgan Healthcare Conference, Illumina announced that its 2014 revenues grew 20%, following a 32% increase in the fourth quarter to $512 million. The company forecasts 2015 revenues to increase 20% and non-GAAP EPS of $3.12–$3.18. In addition, Illumina announced four new […]

The instrument industry performed well in 2014, a welcome rebound from a lackluster 2013. Although a fair degree of uncertainty reigned, a number of positive developments helped make the year a success. The most important development was the improvement of the US economy, which steadily accelerated. China also turned in good economic progress that was […]

Third quarter reported and organic revenues for IBO’s Lab Equipment/Consumables Sales Index grew 4.5% to $4,060 million. Operating profits rose at a similar pace, advancing 4.5% to $729 million. Based on continuing operations, operating margin expanded 10 basis points to 16.4% of sales. Kewaunee Scientific’s fiscal second quarter 2015 sales ending October 31 climbed 15.9% […]

Washington, DC 12/30/14—HTG Molecular Diagnostics has filed with the SEC for a public offering of its common stock on the NASDAQ stock exchange. No stock price or offering date was disclosed. The company provides the HTG Edge platform, consumables and software for facilitating complex molecular profiling for routine use in clinical and research applications. The […]

Signed into law on December 16, the US federal government’s fiscal 2015 (October 1, 2014–September 30, 2014) budget showed few major increases for R&D spending. The American Association for the Advancement of Science (AAAS) estimates that the total federal R&D budget increased just 1.7% to $137,611 million, with funding for nondefense R&D rising 1.6% to […]