Company Announcements Danaher’s second-quarter sales (see IBO 7/31/12) for its Environmental segment’s water quality businesses grew in mid-single digits, led by North American municipal markets, partially offset by lower demand in China and flat European demand. Within the Life Sciences & Diagnostics segment, sales for existing life sciences businesses grew in the low single digits […]
San Diego, CA 9/19/12—Illumina has acquired BlueGnome for an undisclosed amount. UK-based BlueGnome provides solutions for the screening of genetic abnormalities associated with developmental delay, cancer and infertility. Products include the 24sure pre-implantation genetic screening test for in vitro fertilization (IVF) and CytoChip for genetic-abnormalities testing associated with developmental delay or complex leukemias. “The BlueGnome […]
The European Commission’s “2012 EU Survey on R&D Investment Business Trends” finds that responding companies plan to raise their R&D investments by 4.2% on average from 2012 to 2014. This compares to a projected average increase of 5% in the 2011 survey (see IBO 8/15/11) and, prior to the recession, 7% in the 2007 survey. […]
Company Announcements Testing services firm ILS purchased in June key assets of Beckman Coulter Genomics’ Morrisville, North Carolina, site and formed ILS Genomics. Beckman Coulter acquired the site in its 2009 purchase of Cogenics (see IBO 06/15/09). Anton Paar and its Brazilian distributor Polimate formed Anton Paar Brazil, which will take over the sales and […]
Second-quarter 2011 IBO Life Science Index sales grew 3.1%, 3.2% excluding currency, to $3,326 million. Operating profit expanded 0.6% to $694 million. Based on continuing operations, operating margin slipped 30 basis points to 18.5% of sales. Fiscal third-quarter revenue for Becton Dickinson’s BD Biosciences division declined 2.7% but grew 0.2% excluding currency to $268.2 million […]
Torrance, CA 8/22/12—Phenomenex has formed Phenova, a new company that integrates and expands the Phenomenex’s purchase of Wibby Environmental (see IBO 3/15/11). Phenova supplies proficiency standards and testing services to environmental labs, including the PT Manage data-reporting tool. “The acquisition is part of our growth strategy, which centers on providing total solutions to the application […]
US equity markets were mostly buoyant in August due to a recovery in the consumer and housing sectors, and upwardly revised second-quarter GDP growth of 1.7%. As a result, the Dow Jones Industrial Average, S&P 500 and NASDAQ gained 0.6%, 2.0% and 4.3% for the month, respectively. Despite the modest economic progress in the US, […]
Company Announcements In June, Bruker appointed Charles F. Wagner Jr. executive vice president and CFO. He has served on the Board since 2010 and was previously CFO of Millipore. Former CFO William J. Knight remains as executive vice president, president of Bruker Detection and US general manager of Bruker Detection. Bruker opened a new applications […]
Sales growth slowed in the calendar-year second quarter for US publicly held analytical instrument and laboratory product businesses, as European and industrial sales weakened. In addition, the strengthening of the US dollar against the euro negatively affected results. Quarterly revenues for the eight businesses discussed on pages 9–11 grew 3.1% (see table, page 9). Excluding […]
Company Announcements HORIBA and the Beijing Center for Physical and Chemical Analysis announced in April that they will establish an R&D center to facilitate research on new analysis and measurement methods and equipment. In May, BioSurplus completed raising the majority of its $1.5 million capital from KI Investment Holdings, which will be used to fund […]
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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.
