Thirteen of the 16 companies in the IBO Laboratory Sales Index reported quarterly earnings before this issue’s publication. Including estimates for companies yet to report, third quarter revenue for the Index grew more than 5% excluding currency, to $6,304 million. Excluding Illumina, Index sales advanced approximately 3% organically. Operating profit improved more than 10% to […]
Company Announcements Emulate launched in July a $12 million Series A financing to commercialize its “Organs-on-Chips” platform. The Boston Business Journal reported in July that PathoGenetix, which was developing its Genome Sequence Scanning technology for pathogen detection in food, filed for Chapter 7 bankruptcy. In August, Blacktrace Holding, which owns Dolomite Microfluidics and Syrris, licensed […]
Waltham, MA 10/29/14—PerkinElmer has acquired Ceiba Solutions, a company that provides science- and lab-IT software and services and offers IT services and emerging software platforms. Financial details were not disclosed. PerkinElmer will integrate Ceiba’s capabilities into its OneSource services, which include Lab IT. “As customers seek solutions and business models to help drive more productive […]
The 64th annual meeting of the American Society of Human Genomics was held October 18–22 in San Diego, California. The event attracted 8,433 attendees, including 6,566 scientific attendees (nonexhibitors), a 3.1% decrease from the 2013 show, which was held in Boston, Massachusetts. Two hundred forty companies exhibited, compared with 235 last year. In a Tuesday […]
In September, Avacta Life Sciences began shipping Affimers from its online catalog, following shipment of its custom line over the summer. Affimers are small proteins engineered as alternatives to antibodies. Priced comparably to antibodies, 40 are currently available through Avacta’s website. Alastair Smith, PhD, chief executive of Avacta, told IBO, “Affimers are not restricted in […]
Company Announcements In June, John Wiley & Sons acquired SimBioSys, a provider of scientific-software tools that facilitate the drug-discovery process and a pioneer in the field of computer-aided retrosynthetic analysis. Cresset appointed CloudScientific as a Chinese distributor in July. Syapse raised $10 million in Series B financing, led by Safeguard Scientifics. Simulations Plus agreed in […]
Company Announcements Avacta appointed Cosmo Bio as a Japanese distributor of custom Affimer services and catalog-reagent sales. In July, Phenomenex announced the spin-off of Neoteryx, which will provide Volumetric Absorptive Microsampling technology for the collection, handling and analysis of biological fluids. The first product, the Mitra Microsampling Device, collects 10 µL of fluid in seconds […]
Chelmsford, MA 10/1/14—Brooks Automation, a provider of automation and cryogenic solutions, has acquired UK-based FluidX for $16 million. FluidX is a supplier of biological-sample storage tubes and complementary benchtop instruments. In 2013, FluidX generated $10 million in sales. “FluidX is an important building block for Brooks Life Science Systems, bringing state-of-the-art biological-sample storage consumables into […]
The optimism that instrument and lab-product makers showed in the spring for the industry’s outlook has dimmed but is still bright. In the latest IBO Business Climate Survey, 60% of respondents expect business prospects for the next six months to increase moderately, compared with 73% in the spring Survey (see IBO 5/15/14). However, this percentage […]
Company Announcements For the fiscal first quarter ending June 30, Hitachi High-Technologies Science and Medical Systems (SMS) sales climbed 33% to ¥38.8 billion ($380.1 million = ¥102.09 = $1) to account for 25% of company revenues (see IBO 7/31/14). Medical product sales jumped 53%, and sales of Biotechnology and Other products grew 16% to account […]
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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.
