At the beginning of the month, the California Institute for Regenerative Medicine (CIRM) announced its first Tools and Technologies Awards. Established in 2004 as the result of the passage of a California ballot proposition, the nonprofit CIRM is charged with distributing $3 billion in loans and grants for stem cell research to public and private […]
As IBO reported in its November 30 issue, Agilent Technologies’ Bio-Analytical Measurement business (BAM) revenues grew 14% in fiscal 2008 ended October 31 to $2,295 million. From the recent filing of SEC documents for the fiscal year, additional information is now available about the business’s fiscal year. Excluding acquisitions, which contributed 2% growth, and the […]
Washington, DC 12/18/08—BioTrove has withdrawn its IPO registration due to unfavorable market conditions. The company had planned to raise up to $75 million through the IPO (see IBO 4/15/08). BioTrove’s products include the OpenArray Solution system, which can perform thousands of PCR-based genomic analyses, and the RapidFire automated, sample preparation system for MS. Six-month sales […]
New York, NY 12/9/08—At its annual investors meeting, Agilent Technologies announced its outlook for fiscal 2009, which began November 1. In providing its expectations for the year, the company has modeled revenue from its Bio-Analytical Measurement (BAM) business to be flat at $2.2 billion, down from 17% growth in fiscal 2008. Regarding BAM, CEO and […]
Milford, MA 12/11/08—Waters has lowered its revenue and non-GAAP EPS forecast for the fourth quarter as a result of weaker than expected instrument orders and deteriorating economic conditions. The company now expects fourth-quarter sales to decline 4%–6% to $410–$420 million, including negative currency effects of approximately 4%. Previous guidance was approximately $454 million in sales, […]
Company Announcements GSI Group acquired photonics supplier Excel Technology for approximately $360 million in cash. Bruce Koepfgen resigned from Thermo Fisher Scientific’s Board in September. Oxford Instruments Plasma Technology sold its Molecular Beam Epitaxy business to RIBER SA in September for €450,000 ($656,163) in cash and a cash earn-out. Steven Parker resigned from Oxford Instruments’ […]
The IBO Life Science Index sales grew 8.3% in the third quarter to $2,255 million, compared to 11.2% growth in the same period last year due to declining sales from companies, such as Affymetrix and Caliper Life Sciences and reduced currency effects. Operating profit for the Index climbed 19.3% to $375 million and operating margin […]
Major analytical instrument and laboratory supply companies weathered the economic storm quite well in the calendar-year third quarter. Dionex, Thermo Fisher Scientific, Varian and Waters each noted some order delays due to economic conditions, but in general companies stated that business was unaffected. However, the downturn in equity and capital markets worsened in mid-September, the […]
Even a new president-elect could not appease the markets. Increased anxiety over the credit markets and potential bankruptcies by the auto industry and remaining national banks propelled markets on an unrelenting decline. In the two days beginning November 4, the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 9.7%, 10.0% and 9.6%, respectively. However, […]
As analytical instrument makers and laboratory product companies face downturns in key market segments, such as chemicals, energy and metals, due to the global economic crisis, national stimulus plans may provide some relief. The variety of plans announced over the last three months provide state funding designed to increase spending through business loans, tax reform […]
Pay Invoice
Latest Blogs
-
New Report Details Higher Education Science R&D Spending
February 27, 2026 3:23 pm
-
Single Use Leads Bioreactor Market Growth
December 30, 2025 6:04 pm
Sitemap
Your Data and Privacy
About Us
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.
