The IVD market experienced the slowest growth of the last decade in 2012. The market grew 4.8% in 2012, according to Enterprise Analysis. The anatomic pathology segment grew the fastest at 8.3%. The molecular and point of care/physician office laboratory segments grew 7.2% and 7.0%, respectively. Despite lackluster growth, the market is expected to rebound […]
Second quarter revenues for IBO’s Laboratory Instrument Sales Index grew 4.5%, 4.9% excluding currency, to $5,999 million. Operating profit advanced 3.8% to $1,200 million. Based on continuing operations, operating margin slipped 10 basis points to 17.6% of sales. Modest growth rates are included for Oxford Instruments, which did not report earnings before this issue’s publication. […]
Brno, Czech Republic 8/5/13—Tescan, a provider of scanning electron microscopes (SEMs) and focused ion beam (FIB) workstations, has merged with Orsay Physics, a supplier of FIB and electron beam technology, to form Tescan-Orsay. Orsay Physics has been Tescan’s sole supplier of ion beam technology since 2007.
Calgary, Canada 8/2/13; Calgary, Canada 8/7/13; Calgary, Canada 8/7/13; Toronto, Canada 8/7/13; Toronto, Canada 8/1/13; Toronto, Canada 8/5/13; Toronto, Canada 8/14/13— On August 7, 1756349 Alberta completed its offer to purchase the outstanding shares of Galvanic Applied Sciences, a provider of online analytical instrumentation for natural gas and liquid processing, for CAD 1.70 per share […]
Indianapolis, IN 8/1/13—Beckman Coulter Life Sciences has acquired the flow cytometry business assets of ReaMetrix India. The acquisition will expand Beckman Coulter’s flow cytometry reagent offerings, adding ReaMetrix’s dry temperature-stable reagents for clinical research and HIV monitoring. “This acquisition provides both immediate opportunity and long-term value,” said Mario Koksch, vice president and general manager of […]
Austin, TX 8/7/13; Washington, DC 7/7/13—Luminex has announced a restructuring plan, including a 5% reduction in its workforce. The plan will affect the Assay and Related Products’ Newborn Screening Group, as well as the company’s Brisbane, Australia, office, which will be closed. The changes are expected to result in annualized cost savings of $5–$6 million, […]
Milford, MA 8/7/13—Waters has acquired Nonlinear Dynamics, a UK-based provider of proteomics and metabolomics analysis software, including Progenesis software for analyzing and visualizing raw proteomic data, for an undisclosed amount. “The opportunity to combine Nonlinear Dynamics informatics expertise with Waters worldwide leadership in chromatography and mass spectrometry will continue to create significant benefits for omics-focused […]
Rodano, Italy 7/8/13—Italian holding company Dasit Sciences has purchased Carlo Erba Reagenti, a provider of laboratory reagents. Carlo Erba Reagenti has 151 employees and operates manufacturing facilities in France and Spain. As a result, Dasit Sciences has changed its name to Carlo Erba Reagents. “The purpose of this acquisition and joining of the two companies […]
In June, Olympus began shipping its BTX Profiler, a combination X-ray diffraction (XRD)–X-ray fluorescence (XRF) analyzer for powder analysis. The analyzer is the lab-based version of the firm’s Terra portable XRD-XRF instrument. The BTX Profiler is designed to save money, space and time for users that require both XRD and XRF analysis. Unlike typical XRD-XRF […]
Company Announcements RainDance Technologies closed a $20 million Series E financing round in April that included Myriad Genetics as a new strategic equity investor. In April, Co-Diagnostics agreed to acquire from DNA Logix certain technologies for genetic analysis in the clinical, industrial and bio-threat markets. BioFire Diagnostics expanded its financial commitment with Athyrium Opportunities Fund […]
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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.
