Cambridge, UK 10/20/08; London, England 11/24/08—Scientific Digital Imaging has announced that it plans to list on the London Stock Market’s Alternative Investment Market (AIM) on December 8. The company’s primary business is Synoptics, a provider of imaging instruments for life science research. It recently acquired Artemis, a UK-based supplier of cooled CCD cameras, and Persu, […]
In the third quarter of 2008, revenues for IBO’s Laboratory Instrument Sales Index slowed to a growth rate of 8.1%, reaching $4,576 million, while operating profits grew 15.1% to $778 million, and operating margin climbed 100 basis points to 17.0% of sales. Despite strong revenue growth from Illumina, Luminex and QIAGEN NV, other companies such […]
Company Announcements JEOL’s Scientific Instrument sales for the year ended March 31 declined 39.3% to ¥39,090 million ($341.0 million) (see IBO 9/15/08), as strong sales of transmission electron microscopes were offset by declining sales of X-ray fluorescence systems. Industrial Equipment sales rose 46.5% to ¥54,799 million ($479.8 million), led by sales of scanning electron microscopes. […]
The European Commission’s annual EU Industrial R&D Investment Scoreboard shows that total R&D spending by 2,000 companies increased by 9% to €379.3 billion ($553.8 billion) in 2007. Half of the companies in the Scoreboard are EU companies, and the other half are non-EU companies. This method allows the Scoreboard to show yearly R&D spending by […]
A cursory analysis of calendar-year third- quarter results of eight major publicly held instrument and laboratory product companies (Applied Biosystems, Bruker, Dionex, Illumina, Invitrogen, Thermo Fisher Scientific, Waters and Varian) show that the global economic crisis did not significantly affect third-quarter sales of analytical instruments and related products. In their quarterly conference calls, most companies […]
October marked the worst month for the US stock market in 21 years as the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 14.1%, 16.9% and 17.4%, respectively. On October 8, the Federal Reserve cut interest rates by 50 basis points to 1.5%. However, the Dow, S&P 500 and NASDAQ fell 20.9%, 22.8% and […]
Hopkinton, MA 10/29/07; Washington, DC 10/30/08—Caliper Life Sciences has agreed to sell its Pharmaceutical Development & Quality Analysis (PDQ) product line to SOTAX for approximately $13.8 million in cash and $2 million of assumed liabilities. The PDQ line consists of the TPW3 tablet processing workstation, the APW3 active ingredient processing workstation, the MultiDose G3 dissolution […]
Northbrook, IL 10/20/08—IDEX has acquired Semrock, a provider of optical filters for biotech and analytical instruments in the life sciences markets, for approximately $60 million in cash. Semrock generates annual revenues of approximately $21 million and is based in Rochester, New York. “Their expertise enables the continued expansion of our core capabilities in integrated fluidic […]
As the world economic community grapples with a financial crisis that has shattered the US and European banking industries, constrained credit and unnerved stock markets, business sentiment has plummeted. Despite governmental intervention to shore up liquidity, uncertainty and dread continue to dominate the economic outlook. The fall 2008 IBO Business Climate Survey finds the six-month […]
Santa Clara, CA 10/13/08—Affymetrix has announced that it expects third-quarter revenues to be approximately $75 million, compared to $95.0 million last year. Analysts had forecasted revenues of $90.1 million, according to Thomson Financial. The company does not provide revenue guidance on a quarterly basis. Affymetrix attributed the shortfall to greater competition for research funding and […]
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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.
