Company Announcements Oxford Gene Technology (OGT) and Optra Systems are developing software to visualize and analyze data from high-resolution scanners. In March, OGT acquired Sense Proteomic, which uses its protein array platform to identify autoantibody signatures for biomarker discovery. Gentel will use Eprogen’s ProteoSep protein fractionation technique to create whole-proteome microarrays from individual cell lines […]
France’s new nanotechnology program, Nano-INNOV, will receive €70 million ($98 million) in funding, including €46 million to support the construction of a research center in Saclay science park. Construction, which will begin by year end, is expected to be expedited because the new lab will be built using the design of existing labs. Nano-INNOV will […]
Company Announcements CovaIX AG and BioAnalyte are codeveloping software for discovering how proteins interact in large complexes. Prosolia received an NIH Small Business Technology Transfer grant to develop with Indiana University an atmospheric pressure glow discharge for direct analysis of samples under ambient conditions. Agilent announced a Cooperative Research and Development Agreement with the EPA’s […]
Paris and Houston, TX 5/28/09—Air Liquide’s Healthcare business has acquired Pacific Science, a provider of cryobiology equipment and services to biobanks, effective May 1. Based in Torrance, California, with 15 employees, Pacific Science distributes incubators, freezers and biological safety cabinets. Air Liquide Healthcare stated that the acquisition would provide a channel for the US sales […]
Uppsala, Sweden and Stamford, CT 5/28/09—GE Healthcare has entered into a strategic alliance agreement with FUJIFILM for the development, manufacture and supply of advanced biomolecular imaging systems to be sold under the GE brand. “Fujifilm’s high quality technology platforms fit well with our proprietary labeling technologies and the adjacent fields in the imaging workflow that […]
Washington, DC 5/20/09; San Jose, CA 5/6/09—The US District Court for the Northern District of California has preliminarily approved a settlement agreement between Affymetrix and shareholders in a 2006 shareholder derivative action brought against company officers. Shareholder derivative actions are lawsuits brought by shareholders against a company’s management for the violation of fiduciary duties. Three […]
Although German GDP fell 6.7% in the first quarter on an annual basis, one would not have suspected it from the convention floor at ACHEMA 2009, which took place from May 11 to 15 in Frankfurt am Main. The various halls that compose the Messe Frankfurt exhibition grounds thronged with visitors and exhibitors. Total attendance […]
The crystal ball is very cloudy, according to the results of IBO’s Spring 2009 Business Climate Survey. Twice a year, IBO surveys executives at analytical and life science instrument and laboratory product companies to gage their expectations for business conditions in the short term, and to gain their opinions on current issues affecting the market. […]
Company Announcements In March, BioOptics closed a $3 million Series A financing round, led by Boulder Ventures. In conjunction, COO Richard Whitcomb was promoted to president and CEO. In March, NextGen Sciences sold its electrophoresis business, consisting of the a2Deoptimizer automated gel casting unit and the optigels large-format precast gels, to Sigma-Aldrich for $560,000 in […]
In fiscal 2008, average short-term and long-term compensation for 56 executives at 44 analytical instrument and laboratory product companies in IBO’s three Stock Indexes (see IBO 4/30/09) increased, according to the latest results of IBO’s annual Executive Compensation Survey. Average total short-term compensation grew 5.1% to $1,199,310, while average total long-term compensation rose 13.2% 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.
