Although daily world events and economic indicators can affect macroeconomic growth prospects, future sales growth for instrument and laboratory product sales generally are more determined by longer-term scientific and end-market trends. Nonetheless, macroeconomic conditions can have a delayed effect on instrument and lab product sales, as they ultimately affect investment decisions by end-user industries and […]

US equity prices declined modestly in April despite strong corporate first-quarter earnings. The S&P 500 and NASDAQ slipped 0.7% and 1.5%, respectively. The Dow Jones Industrial Average was unchanged. First-quarter US GDP growth slowed to 2.2% from 3.0% in the fourth quarter of 2011. US durable goods orders for March were weaker than expected. Year […]

Company Announcements Earlier this year, Fluke, a Danaher business, acquired India-based TTL Technologies, a distributor of test and measurement products, analytical instruments and laboratory products. Sigma-Aldrich appointed Jan Bertsch as executive vice president and CFO effective March 5. Previously, she was vice president, controller and principal accounting officer at BorgWarner. Sigma-Aldrich opened packaging and quality […]

Fourth-quarter 2011 IBO Lab Equipment/Consumables Sales Index revenues grew 4.8%, 3.9% excluding currency, to $4,226.97 million. Operating profit expanded 6.1% to $732.54 million, and operating margin improved 90 basis points to 18.1% of sales. Full-year 2011 Index sales increased 5.5%, 3.7% on a currency-neutral basis, to $1,6221.51 million. Adjusted operating profits rose 5.0% to $2,813.79 […]

IBO’s 2011 list of the top 30 analytical and laboratory instrument and product companies illustrates the results of growing consolidation within the analytical and life science instrument industry. Agilent Technologies, Danaher, Thermo Fisher Scientific and Merck KGaA have each made major acquisitions in recent years, growing their sales and rankings. Despite concerns over the European […]

Washington, DC 3/21/12—Edwards Group, a British manufacturer of vacuum products and abatement systems, has filed with the SEC for a US IPO to raise $150 million. The company provides dry pumps, turbomolecular pumps and other vacuum pumps. Vacuum pumps are used in scientific instruments, such as MS systems and electron microscopes, to create a high-vacuum […]

Basel, Switzerland, 3/15/12; San Diego, CA 3/19/12; Basel, Switzerland 3/20/12; Basel Switzerland 3/25/12; San Diego, CA 3/25/12; San Diego, CA 3/26/12; Basel, Switzerland 3/29/12; San Diego, CA 3/29/12—Roche has increased its offer price for the outstanding shares of Illumina by 14.6% to $51.00 per share (see IBO 1/31/12, 2/15/12). Illumina advised its stockholders to take […]

Company Announcements Anton Paar established new subsidiaries in Italy and Turkey in December 2011. Hach named VWR a local distributor for its laboratory products in Australia and New Zealand. Technology trading group Addtech Life Science acquired BioNordika in January. BioNordika markets reagents and instruments for biomedical research and has annual sales of around SEK 80 […]