Company Announcements In April, a class action complaint was filed in federal court in Maryland against the Republic of Iraq, VWR, Thermo Fisher Scientific (previously Oxoid) and Alcolac (whose assets are owned by Rhodia). The suit alleges violation of the Geneva Convention, UN Security Council resolutions and international law, as well as negligence, strict liability, […]
Organized by the Semiconductor Equipment and Materials Institute (SEMI), Semicon West was held this year from July 14 to 16 in San Francisco. Preliminary visitor attendance for the show was 16,700, a 2% decrease from last year. Like last year (see IBO 7/31/08), the trade show was held in conjunction with Intersolar North America, which […]
Company Announcements Micromeritics announced in March the acquisition of TA Instruments’ high-pressure volumetric analyzer product line, which TA acquired when it bought VTI. Setaram announced a distribution agreement for ACL Instruments’ range of chemiluminescence analysis systems for the study of oxidative effects for aging, stability and the high-precision calculation of shelf life. Following the default […]
A new program coordinated by the World Health Organization’s Regional Office Africa and the US President’s Emergency Plan for AIDS Relief seeks to accelerate the accreditation process for African laboratories. Volunteers from the American Society of Clinical Pathology and the Clinton HIV/AIDS Initiative will train lab workers for accreditation in an effort to improve lab […]
Thailand’s food safety testing equipment market grew 4% last year to $377 million. Over the next three years, the market is estimated to grow 3%, driven by demand for diagnostic or lab reagents, lab instruments (including protein and fat analyzers, gas analyzers, incubators, freezers, microscopes, physical and chemical analysis instruments, lab sterilizers) and floating meters […]
A new pilot program implemented by the National Health Service’s (NHS) Department of Health will train NHS scientists in genetic testing, including diagnostic tests and tests for prescription drugs. The scientists will then be able to advise doctors and their patients on DNA testing choices and the interpretation of test results. The £4.5 million ($7.4 […]
The Taiwanese government’s National Development Fund has announced plans to invest TWD 24 billion ($731.7 million) to develop the country’s domestic biotechnology industry, including TWD 60 billion in funding next year. Private investments in the program are expected to be TWD 36 billion. In addition to the TWD 3 billion limit on funding from any […]
According to a survey and analysis by the Organization for Economic Co-operation and Development (OECD), investment in innovation and long-term growth is a priority of OECD nations’ economic stimulus packages. Such investments can be grouped into five themes: infrastructure improvements; R&D, science and innovation support; education and human-capital investments; investment and promotion of green technologies; […]
Despite lower earnings last year for US, European and Asian chemical companies, R&D spending increased and capital spending was mixed. Total aggregated capital spending in 2008 among the 21 US chemical firms tracked by Chemical & Engineering News increased 18.6% to $10,782 million. Last year, R&D spending for these 21 chemical companies increased 6.0% to […]
Several prestigious US universities are cutting back on expenses following endowment losses. University endowments declined 24% in the second half of 2008, according to the Commonfund Institute. The endowment for Harvard University, the richest US university, contributed 35% of the school’s annual revenue last fiscal year, but lost 30% of its value in fiscal 2009. […]
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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.

