The World Health Organization estimates that the swine flu has claimed 6,250 lives. The Americas shows the highest rate of death with 4,512 people having died from the virus. In the US alone, new estimates from the Centers for Disease Control and Prevention put the total number of fatalities at 3,900. The spread of the […]
US sales of biologics increased 4.5% last year to about $46.5 billion, down from historical double-digit growth due to safety concerns and market saturation. Among the nine classes of biologics, the largest therapeutic class, with 35% of the market, remains monoclonal antibodies (mAbs). US sales of mAbs increased an estimated 13% in 2008, down from […]
Although prospects for the mining industry have improved from a year ago, its most recent gains remain precarious. Some observers assert that the demand for metals from China and other developing countries is returning and will remain strong, with the effects of the global economic slowdown having only temporary effect. Rio Tinto estimates that global […]
In the third quarter of 2009, revenues for IBO’s Laboratory Instrument Sales Index declined 3.0% to $4,405.53 million, while operating profit decreased 2.3% to $762.90 million. Operating margin slipped 10 basis points to 17.3% of sales. For the three companies (Oxford Instruments, Shimadzu and Tecan) that did not report earnings before this issue’s publication, modest […]
Cambridge, MA 11/9/09—Two months after hiring Thomas Weisel Partners to explore strategic alternatives for the company, including a sale (see IBO 9/15/09), Helicos BioSciences has announced that it is no longer pursuing such discussions due to improving prospects and market valuation. However, the company continues to work with Thomas Weisel on a long-term financing strategy. […]
Hillsboro, OR 11/3/09; Eindhoven, The Netherlands 11/3/09—FEI Company has sold its Phenom Scanning Electron Microscopy product line to Phenom-World BV for an undisclosed amount. Phenom-World was established November 3 and is a majority-owned subsidiary of NTS Group BV, FEI’s manufacturing and development partner for the Phenom. Phenom-World will be responsible for marketing, sales and distribution […]
Billerica, MA 11/9/09; Washington, DC 11/13/09—Bruker has announced two changes at the executive level. The company has appointed CFO Bill Knight to the newly created position of chief operating officer, effective February 1, 2010. “Over the past five years, Bill Knight has demonstrated strong financial and operational leadership at Bruker, and in his newly-created COO […]
Carlsbad, CA 11/10/09; Woburn, MA 11/10/09—Life Technologies has agreed to acquire BioTrove for an undisclosed amount. The purchase involves BioTrove’s OpenArray high-throughput gene expression and genotyping analysis system for PCR. Applied Biosystems and BioTrove have collaborated since 2007 (see IBO 11/30/07). “This acquisition and other enhancements recently made to our PCR offerings enable us to […]
Venlo, The Netherlands 11/9/09—QIAGEN NV has agreed to acquire SABiosciences for $90 million in cash, subject to purchase price adjustments. SABiosciences is a developer and manufacturer of more than 100 disease- and pathway-focused PCR assay panels. Based in Frederick, Maryland, SABiosciences has around 100 employees. “These assay panels are designed for use with and leveraged […]
The market for analytical instruments used in the environmental testing sector is currently undergoing slower growth in reaction to global economic conditions. In coming years, the highest levels of sales growth are expected for techniques that make up only a small percentage of the market. In 2010, the environmental analysis instrument market is expected to […]
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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.
