Inkarp Instruments and SciTech became exclusive distributors for JPK Instruments for India and Australia, respectively. Imago Scientific Instruments named founder and CTO Tom Kelly, PhD, president and CEO in September. Timothy J. Stultz, PhD, former CEO, was named chairman. In October, Asylum Research opened a subsidiary in Kaohsiung, Taiwan. In November, Asylum Research announced that […]
Last month, the Association of University Technology Managers (AUTM) released the summary report of its “AUTM US Licensing Activity Survey: FY2006.” According to the survey, US universities, hospitals and research institutions received $45.4 billion during fiscal 2006, a 7.3% increase over the previous year. The average annual funding growth rate since 1997 is 8.6%. Sixty-eight […]
The major US stock markets managed to sustain positive gains in 2007 for the fifth consecutive year, despite extreme market volatility caused by the credit crisis and housing downturn. Strong corporate earnings and the Federal Reserve’s cuts in interest rates were enough to overcome selling pressure in the major US markets, which finished the year […]
With the IBO Laboratory Instrumentation and Consumables Stock Indexes up over 20% for the second year in a row, it would seem that one would only have had to throw darts at the list of our industry equities to easily come up with winners. Alas that was not the case for our stock picks for […]
The Indian government has instituted a new strategy to boost the productivity of its biotechnology sector and improve its biotechnology education system. The strategy seeks to bring production in the biotechnology industry to $7 billion by 2012 and create world-class research and educational centers. The government plans to spend INR 65,000 million ($1.6 billion) on […]
An article in the November 15, 2007, issue of IBO discussed increased concerns about food imports, particularly from China. On December 11, the US and China announced a formal agreement to improve food safety. The agreement applies to four products categories: “low-acid canned products or acidified food”; “pet food/pet treats of plant origin or animal […]
Holliston, MA 12/3/07 and 12/14/07; Washington, DC 12/12/07—Harvard Bioscience has rejected an acquisition offer from Skystone Advisors. On December 12, Skystone, which holds 15.4% of Harvard Bioscience’s stock, made an offer to acquire the company and take it private. In a letter to the Harvard Bioscience Board, Skystone stated it would acquire all the outstanding […]
In November, Luiz Inácio Lula da Silva, the president of Brazil, announced a three-year, $28 billion funding package for science and technology. This spending increase would push science spending in Brazil up to 1.5% of GDP, up from current spending of approximately 1% of GDP. The new science plan focuses particularly on supporting private industry’s […]
Firms that produce monoclonal antibodies (mAbs) have proven to be a popular acquisition choice for pharmaceutical companies. Some of the larger acquisitions of mAb producers by pharmaceutical companies this year were Bristol-Myers Squibb’s purchase of Adnexus for $415 million in September and Roche’s $56.5 million payout for Therapeutic Human Polyclonals in April. This trend can […]
Pickering Laboratories, a producer of instruments and reagents for post-column analysis, demonstrates that one of the ways to develop a “killer app” is by having a major standards body mandate a testing method that includes its products. The company, located in San Jose, California, was founded by Michael Pickering in 1984. Post-column analysis takes place […]
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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.
