Atomic Spectroscopy The Q4 Tasman is Bruker AXS’s latest introduction into the arc-spark spectrometer market. The system features a high-resolution CCD detector, making it fast and suitable for a wide range of general applications. The system should begin shipping by the end of March and is priced at approximately $90,000–$130,000. The S1 Tracer from Bruker […]
A South Korean effort to increase R&D spending to 5% of GDP, in contrast with last year’s R&D spending of 3.49% of GDP, will mean an overhaul of the national capabilities in basic sciences. For 2008, South Korea plans to spend $10.6 billion on science and technology development, 25% of which will go to basic […]
Experts say that for 2008 the price of steel will remain unpredictable due to a supply crunch and cost increases. For the first two weeks of February, the price of hot rolled steel increased 6%, and Lehman Brothers analysts have predicted that worldwide steel prices will increase 25% in 2008. Unlike the US steel panic […]
Company Announcements Electronic Sensor Technology entered into a distribution agreement with Brechbuhler AG for Switzlerland, France, Italy and Austria in December 2007. In February, Electronic Sensor Technology announced a recapitalization agreement with Halfmoon Bay Enterprises, which will provide $5.5 million in exchange for 39%–44% ownership of its common stock, depending upon the stock’s closing price […]
This month, investors were left to weigh negative news involving liquidity issues in the financial markets after the collapse of Bear Sterns. At the same time, they had to consider the Federal Reserve’s 75 basis-point cut in interest rates on March 18 to 2.25%, which was designed to increase the availability of credit in the […]
A $1 billion project to decode the DNA of 100,000 people will be undertaken by Harvard University scientist George Church with the backing of Google and OrbiMed Advisors. Dr. Church’s project will focus on tying each subject’s DNA to their health history in order to create a database with which to develop new medicines. The […]
New Zealand’s Fast Forward plan is designed to transform the economy into a more formidable supplier of high value goods and services. Under the plan, the government will allocate NZ$700 million ($570 million) to the pastoral and food industries. The funding will grow interest over the next 10 to 15 years, and will be valued […]
Picarro signed exclusive distribution deals with Enviro Technology Services for the UK; ETG Risorse e Tecnologia for Italy; and Envitec for Belgium, the Netherlands, Luxemburg, France and Tunisia. Newport acquired Picarro’s Laser Products business in November 2007. The business has annual sales of $5–$7 million. Picarro named Michael Woelk president and CEO in November 2007. […]
PricewaterhouseCoopers reports that mergers and acquisitions (M&A) activity within the energy industry is expected to be weaker this year. In 2007, the total value of deals increased from $291.1 billion to $292.2 billion. Most of this increase took place in the downstream and oil services sectors. The total value of deals in the oil field […]
In an effort to increase its strength in science and innovation, Canada’s proposed budget for 2008 contains an $80 million per year increase for its three university granting councils for research in support of industrial innovation, health priorities, and social and economic development. Genome Canada, which has six genome center around the country, will receive […]
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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.
