Second-quarter revenues for IBO’s Lab Equipment/Consumables Sales Index contracted 6.7% to $853.8 million, and operating profits declined 6.1% to $259.2 million. Adjusted operating margins improved 30 basis points to 30.4% of sales. Biohit’s second-quarter sales declined 5% to €8.7 million ($11.9 million = €0.73 = $1), while operating income plunged 38% to €0.2 million ($0.3 […]

New Dehli, India 10/2/09—GE Healthcare has announced that its joint venture with Wipro will take over its Indian and South Asian businesses, including GE Healthcare Life Sciences. The joint venture, in which GE Healthcare holds a 51% stake, currently distributes 85% of GE Medical Systems India’s products. The transaction will add 1,200 GE employees to […]

West Chester, PA 10/8/09; West Chester, PA 10/2/09—VWR International has agreed to purchase lab distributor OneMed Lab from health care products distributor OneMed Group for an undisclosed amount. OneMed Lab distributes lab equipment, chemicals and consumables in Finland, Norway and Sweden and has annual revenues of $30 million. The transaction is subject to regulatory approval. […]

Palo Alto, CA 10/6/09—Varian stockholders have voted at a special meeting on October 5 to approve the merger agreement with Agilent Technologies. Agilent plans to acquire Varian for $52 per share, or approximately $1.5 billion (see IBO 7/31/09). Approximately 84% of the shares of Varian common stock outstanding as of August 15 voted to adopt […]

Darmstadt, Germany and Bangalore, India 10/13/09—Merck KGaA has acquired Bangalore Genei (BGIP) through it wholly owned Indian subsidiary, Merck Specialities Private, from Sanmar Specialty Chemicals. The purchase price was not disclosed. BGIP specializes in the development, production, marketing and sale of products for proteomic and genomic research. BGIP has 100 employees and had fiscal 2009 […]

Although the latest economic forecasts for Asia, the US and Europe have increased growth estimates for next year, analytical instrument and laboratory product company executives are a bit less sanguine, but positive overall, according to the results of IBO’s latest Fall Business Climate Survey. Signs of recovery abound worldwide, though caution runs high due to […]

Compact flow cytometers operate like their larger counter parts, but with the added benefits of lower-cost and space-saving designs. As a result, individual researchers are able to use flow cytometers in their own labs. Compact flow cytometers typically have up to three integrated lasers, with some vendors offering upgrade options for four- or five-laser systems. […]