Santa Clara, CA 5/14/15—Affymetrix has acquired substantially all of the assets of Eureka Genomics for $15 million in cash. Eureka develops low- to mid-plex, high-throughput genotyping assays for NGS for use in detecting genetic markers for routine crop and animal agrigenomics testing. Affymetrix will launch the Eureka Genotyping Solution and Services for routine animal and […]
Tucson, AZ 5/6/15; Washington, DC 5/6/15—HTG Molecular Diagnostics, a provider of technology for complex molecular profiling, has completed an IPO. The company listed its shares on the NASDAQ Global Market, offering 3,570,000 shares at a price of $14 per share for estimated net proceeds of $44.4 million, or $51.4 million if the underwriters’ overallotment option […]
Radnor, PA 5/5/15—VWR has acquired Hichrom, a manufacturer and distributor of HPLC columns and consumables, for an undisclosed amount. “Known for its quality, excellence and technical expertise, Hichrom is an investment that will help expand our portfolio and manufacturing capabilities to a specialized and growing industry,” commented Peter Schuele, senior vice president and president, EMEA […]
Santa Clara, CA and Boston, MA 5/4/15—Agilent Technologies has agreed to acquire Cartagenia, a provider of software and services for clinical genetics and molecular pathology labs. Financial terms were not disclosed.”Together, Agilent and Cartagenia can help remove bottlenecks inherent in analysis, interpretation and reporting clinical data, resulting in faster answers for patients,” stated Jacob Thaysen, […]
Washington, DC 5/13/15; Washington, DC 5/13/15; Port Washington, NY 5/13/15—Science and technology company Danaher has announced the intended acquisition of Pall and the subsequent division of Danaher into two companies. Danaher has agreed to acquire Pall, a provider of filtration, separation and purification solutions, for $127.20 per share in cash, or $13.8 billion, including assumed […]
Improved economic conditions and stronger financial results elevated executive compensation in fiscal 2014 (FY14) as a majority of presidents and CEOs in IBO’s Laboratory Instruments and Products Stock Index (including Sigma-Aldrich) (Lab Index) recorded double-digit pay increases. For the 24 presidents and CEOs of companies in the Lab Index, who have served in their respective […]
Flash point testing determines the minimum temperature at which a liquid gives off enough vapor to become ignited near its surface. To determine a liquid’s flash point, a sample is heated, often while stirring, until a nearby ignition source is able to ignite the vapors. For samples with particularly low flash points, refrigeration is often […]
Company Announcements Cobalt Light Systems opened a US subsidiary in Reston, Virginia, in November 2014. FOSS 2014 revenues declined 2.2% but grew more than 2% organically to DKK 1.72 billion ($306.4 million) (see page 12). In March, ANDalyze named VWR as a distributor of its DNAzyme-based heavy metal–testing products. Product Introductions Konica Minolta announced in […]
Company Announcements INFICON fourth quarter 2014 Emergency Response & Security sales rose 23.1% to $13.3 million. In 2014, segment sales grew 32.0% to $35.9 million to account for 12% of revenues, due largely to government spending in North America. First quarter segment revenue declined 55.7% to $3.9 million. In February, Alpha MOS announced the creation […]
Company Announcements Half-year sales for Abcam rose 7.7%, 13.8% in constant currency, to £66.7 million ($107.6 million) (see IBO 3/31/15). Product sales grew 10.4%, 16.7% excluding currency, to £62.7 million ($101.2 million). Sales of core and RabMAb primary antibodies grew 13.3% and 19.4% excluding currency to make up 68% and 15% of Product revenue, respectively. […]
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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.
