By the University of Manchester’s estimates, $2.4 billion has been invested in graphene research. In 2014, Lux Research projected a 2025 global market of $349 million for the material; however, in 2013, sales of graphene totaled only $12 million. Manufacture of the material has accelerated, with total production capacity of graphene nanoplatelets in the Americas; […]
This year, the first edition of IBO’s biannual article on new labs reports the construction of several academic, government and industrial labs. The table on page 3 shows some of the largest buildings for academic research in the sciences that have been approved or are already under construction, as well as new labs in the […]
Since October 2014, plummeting crude oil prices have resulted in a 46% drop in the number of US rigs drilling for oil, job cuts, and drops in profits and investment in the US shale industry. Nonetheless, output of shale oil remains steady, with potential for growth over the next two years. Although a decline in […]
Held for the first time in Washington, DC, the SLAS (Society for Laboratory Automation and Screening) 2015 conference and exhibit hosted 4,964 attendees and 296 exhibitors at the Walter E. Washington Conference Center, February 7–11. Attendance declined 14.7% from 2014, when the show was held in San Diego, California (see IBO 1/31/14), but was up […]
The companies listed below—Danaher, FEI, Hitachi High-Technologies and Mettler-Toledo—are major providers of analytical instrumentation and laboratory products but are excluded from IBO’s Laboratory Instrument Sales Index due to their reporting format. Thus, the financial results for the fourth quarter and year-end 2014 for these companies are presented below. Fourth quarter 2014 sales for Danaher’s Life […]
More than one hundred scientists have cosigned a letter to the journal Nature calling for standardization of antibodies used in research. The authors cited a study conducted in 2008 that found that only around half of six thousand commercial antibodies in common use bound solely to their intended targets. The authors stated that, worldwide, this […]
This month, President Obama unveiled his fiscal 2016 budget, requesting $146 billion in federal funding for R&D. This represents a nominal 6%, or $8 billion, increase over 2015 enacted levels, with inflation expected to rise 1.6%. Most agencies performing R&D would experience budget increases. Of the total, $76.9 billion and $68.8 billion would be for […]
The number of worldwide mergers and acquisitions (M&A) in the chemical industry grew 18.2% to 635 in 2014. The value of the transactions totaled $77.8 billion, an increase of 144.7%. Of the deals announced in 2014, 13 were greater than $1 billion in value, totaling $52 billion. At a value of $40.5 billion, up 181.3%, […]
Columbia, MD 2/5/15—W R Grace & Co. announced that it plans to separate into two publicly traded companies. Grace’s Discovery Sciences business will join “New Grace,” which is comprised of the Catalysts Technologies and Materials Technologies segments. Grace’s Construction Products and Darex packaging business will comprise “New GCP.” The separation is expected to be completed […]
The global food and agricultural market, valued in the trillions of dollars, employs multiple analytical technologies for food research and -safety testing, resulting in a food-applications market valued in the billions. The technologies include a wide range of instruments and consumables for a variety of techniques, including process analysis, MS, materials characterization and surface science. […]
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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.
