Company Announcements Oxford Instruments Magnetic Resonance named Folio Instruments a Canadian distributor of its MQC benchtop NMR analyzer. Oxford Instruments Magnetic Resonance announced in April a strategic partnership with Green Imaging Technologies (GIT) to develop NMR solutions for core analysis. GIT’s LithoMetrix and GIT Systems software will be available exclusively on Oxford’s GeoSpec2 systems. The […]
Despite certain companies being negatively affected by the natural disaster in Japan, first-quarter revenues for IBO’s Laboratory Instrument Sales Index climbed 6.9% to $5,600.42 million, including a loss of 1.0% from currency transactions. Operating profit improved 11.6% to $1,160.42 million, but operating margin slipped 60 basis points to 19.2% of sales. Financial estimates are included […]
Chelmsford, MA 4/21/11; Manchester, UK 4/1/11—Brooks Automation has acquired RTS Life Science, a provider of lab automation systems for life science, from Entologi for $3.3 million, net of cash on hand. Entologi, which acquired RTS Life Science just last year (see IBO 10/31/10), stated that RTS Life Science now generates monthly sales of £1 million […]
Minneapolis, MN 5/3/11—Techne has acquired Tocris, a UK-based supplier of reagents for nonclinical life science research, for £75 million ($124 million = £0.60 = $1) in cash. In 2010, Tocris generated revenues of £11.7 million ($18.2 million = £0.64 = $1), EBITDA of £7.4 million ($11.4 million) and an EBITDA margin of approximately 63%. Techne […]
Waltham, MA 5/5/11—PerkinElmer has acquired Geospiza, a developer of software systems for the management of genetic analysis and laboratory workflows delivered through a cloud-computing environment. Financial details were not disclosed. PerkinElmer stated that the acquisition supports its Next Generation DNA Sequencing and Analysis Services offerings (see IBO 2/15/11). “The acquisition of Geospiza, along with existing […]
If executive compensation plans are designed to reward financial performance and increase shareholder returns, then fiscal 2010 was an exemplary year. In fiscal 2010, total median compensation for the 55 executives at 40 analytical instrument and laboratory product companies in the four IBO Stock Indexes (see IBO 4/30/11) soared 34.3% to $2,761,689. For those same […]
Instrument and laboratory product company executives’ expectations have improved from last fall but are not where they were a year ago, according to the results of IBO’s Spring 2011 Business Climate Survey. IBO’s biannual business climate surveys gauge executives’ outlook for industry sales and opinions about economic issues and market trends. Twenty-eight executives were surveyed […]
The quest to identify the ideal measure of water quality is an evolving saga and involves various analyses, such as dissolved oxygen, total organic carbon (TOC), chemical oxygen demand (COD) and biological oxygen demand (BOD). Developing reliable, easy-to-use instrumentation for such measurements is a challenge, but one that makers of COD analyzers are increasingly up […]
Revised attendance figures released by Pittcon in early April indicated that total 2011 attendance increased 1.9% to 17,199. This figure compares to the 1.3% increase reported in IBO last month (see IBO 3/31/11). The number of attendees, excluding exhibitors, media and undergraduate students, was down a marginal 0.3% to 9,599 to make up 56% of […]
North Brunswick, New Jersey–based company Distek, which focuses on dissolution products and services, unveiled at Pittcon 2011 its Symphony 7100 dissolution test, which is scheduled to begin shipping in June at an introductory price of $19,625 (see IBO 4/15/11). Distek’s Global Sales and Marketing Manager Jeff Seely told IBO that the concept of the product […]
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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.
