Broad-Based Companies

Company Announcements

YSI named Dr. Edward King vice president of R&D and chief technology officer in June.

In July, PerkinElmer named Alan Fletcher, PhD, vice president of business development for the Life and Analytical Sciences business with the responsibility for growing the Bio-discovery business. He joined the company from GE Healthcare.

GE appointed John Dineen, president and CEO of GE Transportation, as president and CEO of GE Healthcare in July, succeeding Joseph Hogan, who resigned to become CEO of ABB.

In July, GE announced that it is reducing its six business segments to four and that GE Healthcare would become part of GE Technology Infrastructure.

Roche Applied Sciences’ revenues grew 21% in the first half of 2008 to CHF 367 million ($343.0 million) to make up 8% of Roche Diagnostics sales. Sequencing sales rose 102%, research sales increased 8% and industrial sales grew 4%. North America sales increased 31% to 40% of revenues, Rest of World sales grew 11% to 17% of sales and sales to Europe, the Middle East and Africa rose 11% to 43% of sales.

MDS announced in July that as part of a restructuring effort affecting MDS Pharma Services and MDS Analytical Technologies, it would layoff 210 employees. An MDS spokesperson told the Associated Press that 75% of the cuts would affect the Pharma Services business.

Mettler-Toledo named Michael A. Kelly, executive vice president of 3M Display and Graphics, to its Board in July.

Eppendorf AG’s 2007 sales rose 10.0% to €346.0 million ($474.0 million), and operating profit increased 27.5% to CHF 65.8 million ($90.1 million) (see IBO 6/30/08). Adjusting for currency and portfolio changes, sales grew 11.3%. North American sales fell 0.3% to make up 41.4% of revenues, European sales increased 17.1% to 39.5% of revenues, Asia/Pacific sales grew 25.5 % to 16.9% of sales, and sales to Other regions rose 1.4% to 2.2% of sales.

Symyx Technologies apponted G. Stephen DeCherney, MD, MPH, to its Board in July. He was most recently chief innovation officer at Quintiles Transnational.

Product Introductions

Symyx Technologies launched Research for Refining, a pay-per-experiment service for small-scope projects. The company also introduced new client-directed and collaborative research services for life sciences.

Sales/Orders of Note

Agilent announced in July the receipt of an order worth approximately $2.5 million from Metabolomics Australia, a National Collaborative Research Infrastructure Center that provides research services. The order includes LC, GC, MS and CE instruments as well as software.

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