Company Announcements

Teledyne Technologies promoted Al Pichelli, president and CEO of the Instrumentation, and Aerospace and Defense Electronics segments, to executive vice president.

In July, Thermo Fisher Scientific established the China Innovation Center in Shanghai. The $9.5 million Center is expected to add 200–300 engineers over the next two to three years. The Center includes a Technology Training Center and more than 30,000 square feet of biology labs, and design verification test and application labs. Thermo has nearly 2,300 employees in China.

In June, QIAGEN elected Stéphane Bancel, president and founding CEO of Moderna Therapeutics, and Lawrence A. Rosen, Board of Management member and CFO of Deutsche Post DHL, to its Supervisory Board in June, replacing Erik Hornnaess and Heino von Prondzynski.

Becton, Dickinson appointed Christopher Reidy CFO and executive vice president of Administration effective July 15. He formerly served as corporate vice president and CFO at ADP.

In July, Leica Biosystems, a Danaher company, acquired Kreatech Diagnostics, a provider of DNA FISH probes and target labeling reagents for microarrays.

EMD Millipore opened in July a new R&D Center for Formulation in Darmstadt, Germany, to expand its capabilities for bioavailability enhancement.

Life Technologies and Merck Serono announced in July a companion diagnostics development and commercialization agreement covering a range of platforms and therapeutic areas, with an initial project for oncology. Life will commercialize companion diagnostics in agreed upon territories.

For the second quarter, Danaher Environmental sales from existing water quality businesses grew in the low single digits. Sales growth for analytical instrumentation improved sequentially, led primarily by consumables and related service sales in North American industrial markets. Demand in China and the Middle East also improved. Hach sales grew in the mid-single digits, with mid-teens growth in service. In Danaher’s Life Sciences & Diagnostics segment, sales for existing Life Sciences businesses grew in the mid-single digits due to new products. MS sales to applied and clinical research markets grew, as did sales to the pharmaceutical market to a lesser extent, but academic research sales declined. AB SCIEX core revenues grew in mid-single digits. Leica Microsystems core revenues grew in mid-single digits, led by double-digit growth in China, the Middle East and Japan. Sales of confocal microscopy systems increased over 10%.

GE Healthcare Life Science sales fell 1% in the second quarter.

Agilent and Singapore’s Temasek Polytechnic announced in July a collaboration in product safety testing and opened a new lab to help small and mid-size enterprises, in particular those involved with traditional Chinese medicine and food products. The lab is part of the Agilent Partner Labs network.