According to Environmental Laboratory Washington Report’s yearly survey, most companies in the environmental testing business reported slightly higher earnings in 2006. However, general expectations for industry growth are not high: most respondents to the survey believe that the market, which generates an estimated $1.7 billion in annual revenues, will be flat in coming years. In […]
The recent news of the presence of the industrial chemical melamine in US pet food and diethylene glycol in Central American toothpaste has heightened concern over the chemical contamination of imported products. Chinese toothpaste has been linked to the deaths of 51 people in Panama last year. Pet food made with melamine, contained in mislabeled […]
According to a report by Marks & Clerk, a law firm specializing in intellectual property, advances in biotechnology are being driven by universities and public research institutes. The most biotech patent families—“groups of patents associated with a single invention”—filed in the period 2002–2006 was 1,022, by the Japan Science and Technology Agency, followed by the […]
In March, the Health and Human Services (HHS) Secretary’s Advisory Committee on Genetics, Health and Society prepared a draft report called “Realizing the Promise of Pharmacogenomics.” The report recommends that the National Institutes of Health make greater allocations to basic research into the biochemistry and genetics involved in drug metabolism, action and effectiveness. In addition, […]
In the first quarter of 2007, revenues for IBO’s Laboratory Sales Index grew an impressive 11.6% to $4,101 million. Operation profit jumped 14.0% to $654 million and operating margin climbed 50 basis points to 16% of sales. More than half of the companies realized significant improvements in operating profits, but those were offset by declining […]
According to a new report from Ernst & Young, the US biotech industry is at its strongest. Deals among US companies reached a total of $23 billion last year, and the value of mergers and acquisitions was at its second-highest level in the industry’s history. Venture capital hit an all-time high of $5.4 billion in […]
According to the National Science Foundation’s latest figures, US R&D spending grew an estimated 6.0% in 2006 to $342.9 billion, compared to 2005 growth of 7.8%. Adjusted for inflation, 2006 real R&D expenditures rose 3.5%, down from growth of 5.0% in 2005. The increase was driven by private sector spending, as real R&D spending by […]
Prices of iron ore and nickel reached all-time highs this year, and prices for other key metals have been going strong for five years, driven in part by limited supplies and increased demand from the booming economies of China and India. Copper climbed to its highest price of $4 a pound in 2006, and is […]
Earlier this month, the US Department of Energy (DOE) released its final operating plan for fiscal 2007 (see IBO 2/15/07). The DOE’s budget of $23.598 billion includes $3.8 billion for the Office of Science, a 4.5% increase over the fiscal 2006 appropriation. Within the Office of Science, funding for biological and environmental research decreased 14.3% […]
Sales of semiconductor equipment rose 23.1% last year to $40.47 billion, according to Semiconductor Equipment and Materials International (SEMI). Sales of wafer processing equipment, assembly and packaging equipment, and test equipment increased 26%, 14% and 21%, respectively. Japan, the largest market, accounted for 22.7% of spending, while sales in China, the fastest growing region, increased […]
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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.
