Bagneux, France 3/4/14; Paris, France 3/20/14—Genomic Vision, a developer of DNA molecular combing technology, has announced that it plans to list on the Euronext Paris stock exchange. The company’s technology provides a panoramic view of large regions of the genome, including detection of structural variations, and allows the direct visualization of genetic anomalies. The company […]

Cambridge, UK 3/24/14 Cambridge, UK 3/27/14—Gene editing technology firm Horizon Discovery has raised £68.6 million ($113.1 million = £0.61 = $1) in its IPO, resulting in gross proceeds of £40 million ($66 million), prior to listing its shares on the UK’s AIM stock exchange on March 27 (see IBO 2/28/14). The firm started trading at […]

Fourth quarter 2013 IBO Life Science Index sales grew 6.2%, 8.7% organically, to $4,025 million. Operating profit jumped 14.9% to $970 million due to strong performances from Illumina and Merck Millipore. Operating margin expanded 150 basis points to 20.5% of sales. Full-year 2013 Life Science Index sales improved 3.1%, 5.2% organically, to $13,956 million. Operating […]

Company Announcements German distributor Altmann Analytik acquired Dinkelberg analytics in January. Techcomp announced in January that it will acquire the remaining 49% equity interest in Jingke Scientific, a Chinese instrument manufacturer, and 51% equity interest in Jingke Trading from INESA Electron for $2.1 million. The Jingke companies had 2012 sales of $10.2 million. Agilent Technologies […]

NanoString Technologies and Luminex also exceeded fourth quarter 2013 adjusted EPS estimates. On February 26, NanoString projected 2014 sales to grow 43%–59% to $45–$50 million with a net operating loss of $40–$50 million. Shares climbed 2.7% the next day. On February 3, Luminex projected 2014 sales to grow 5%–12% to $225–$240 million, in line with […]

Despite continued weakness in industrial markets, revenues for six major publicly traded analytical instrument and lab product businesses grew in the most recently ended quarter, benefitting in part from year-end budget releases and strength in Europe. Sales also climbed for each of the five businesses with fiscal years ending during the period 2013, despite weaker […]

With only nine of the 16 companies in the IBO Laboratory Instrument Index reporting quarterly results before this issue’s publication, IBO estimates fourth quarter 2013 sales improved roughly 7%, or 6% excluding currency. The jump in growth was a result of strong results from Illumina and Waters, as well as the combined Agilent Technologies Life […]