The Parenteral Drug Association’s Interphex (International Pharmaceutical Expo) show took place April 26–28 in New York City, New York, where it is held every year. The exhibit is dedicated to products for biopharmaceutical manufacturing. Attendance at the show rose 14% this year. Among the instrument companies exhibiting were Beckman Coulter Life Sciences, ChemoMetec, Freeslate, Hamilton, […]
The Life Science Sales Index article in the March 15 issue of IBO excluded a summary of Tecan results. For the second half of 2014, Tecan sales grew 10.2%, 5.8% organically, to CHF 227.5 million ($242.0 million = CHF 0.94 = $1). The acquisition of IBL (see IBO 7/31/14) contributed 4.5% to sales growth. Currency […]
Fiscal first quarter sales ending December 31, 2014, for Brooks Automation Life Science Systems (LSS) grew 36.8%, 7.3% excluding the acquisition of FluidX (see IBO 10/15/14), to $16.7 million (see page 12) to account for 14% of company sales. Product revenue grew 56.9%, 12.7% excluding the acquisition, to account for 77% of LSS revenue. LSS […]
London, UK 4/15/15—LGC, a life science–measurement and –testing company, has agreed to acquire Biosearch Technologies, a designer, developer and manufacturer of custom oligonucleotides and associated reagents for medical diagnostic, research and applied markets. The financial amount was not disclosed. Biosearch has 170 employees in the US and Europe. “Both LGC and Biosearch have a complementary […]
Cannabis testing in the US has made progress on multiple fronts but still has a long way to go, resulting in new opportunities for lab product and instrumentation companies. Testing demand is growing as more states legalize recreational use, and institute testing and lab requirements. But the fragmented market and unique business environment creates challenges […]
With the completed acquisition of Life Technologies (see IBO 2/15/14) in 2014, Thermo Fisher Scientific further solidified its number one position among IBO’s list of the top 30 analytical and life science instrument, aftermarket and lab product companies. All sales and sales growth figures in this article are based on IBO’s calculations of companies’ revenues […]
Company Announcements Arrayit sold its Avant Diagnostics subsidiary to American Liberty Petroleum in December 2014. Fluidic Analytics announced in January that it raised $2.4 million in a Series A financing. The company has developed a chip-based technology for characterizing proteins’ sizes and concentrations. Toxic Reports announced it January the acquisition of the assets of PathoGenetix […]
Atomic Spectroscopy PerkinElmer added to its PinAAcle series of atomic-absorption spectrometers. The 500 is a corrosion-resistant, flame-only system designed primarily for environmental applications that require robust performance, such as the mining and petrochemical industries. The system will begin shipping in June at a price in the low $20,000 range. Bruker introduced the S2 Puma as […]
This month, the Association for Molecular Pathology (AMP) released the results of its cost analysis and health economic–evaluation models for a number of genomic sequencing–procedure (GSP) CPT codes. The organization also released a template tool for molecular-diagnostic labs to determine the costs of their next-generation sequencing (NGS) assays for GSPs. The AMP performed the analysis […]
Washington, DC 2/27/15; Billerica, MA 3/2/15—RainDance Technologies has filed with the SEC for a proposed IPO of its common stock on the NASDAQ Stock Market under the symbol “RAIN.” The company develops, manufactures and sells systems based on its digital droplet technology as well as consumables and assays for the detection and analysis of complex […]
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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.
