Company Announcements Setaram agreed to distribute HEL’s range of adiabatic calorimeters. Anton Paar GmbH opened an Indian subsidiary in Delhi, in January and a Japanese subsidiary in Tokyo in February, bringing its total number of subsidiaries to 12. The company posted sales of €108 million ($148 million) in 2007 and its rheometry orders rose 14% […]
Although there have been some marginally portable near infrared (NIR) spectrometers available for a number of years, the market has recently taken off. This is due to the rise of more effective handheld NIR instruments. While the primary applications for portable and handheld NIR instruments are in the polymers and plastics industry, there is growing […]
Company Announcements Nikon Instruments expanded its distribution of JOEL’s NeoScope benchtop scanning electron microscope (see IBO 3/15/08) to Europe in December 2008. In January, SPECS GmbH, a developer of surface analysis tools and UHV equipment, acquired Nanosis GmbH, a supplier of nanotechnology control equipment. Nanosis’s operations will remain in Zurich, Switzerland. FEI’s 2008 revenues grew […]
According to Alcimed, a research group based in France, as many as 20% of small biotechnology firms in Europe could go bankrupt this year. These firms need new funding within the next year and a half in order to survive. Alcimed estimates that the sector needs at least $2.6 billion in annual funding to maintain […]
Company Announcements Bruker opened its expanded applications and technology demonstration lab in Yokohama, Japan, in February. The lab is co-located with Bruker’s R&D and manufacturing facility for X-ray analysis systems. Bruker has close to ¥10 billion ($107 million) in revenue in Japan and almost 150 employees in the country. Scottish Enterprise reported in February that […]
Fourth-quarter sales for the Lab Equipment/Consumables Sales Index declined 1.2% to $866.20 million, while operating profits improved 5.6% to $265.08 million. Operating margins rose 200 basis points to 30.6% of sales due to cost savings initiatives by a majority of companies in the Index. For the year, Index sales improved 7.5% to $3,557.89 million, operating […]
The US markets experienced another volatile month in March, but managed to ignite a sharp recovery after reaching new lows on March 9. The Dow Jones Industrial Average, S&P 500 and NASDAQ finished the month up 7.7%, 8.5% and 10.9%, respectively. Investor sentiment turned cautiously optimistic following a report that Citigroup recorded a significant operating […]
Company Announcements KineMatik named Michael G. Jarjour president and CEO in January. Previously, he was vice president of Global Marketing for Organon. Genomatrix Software GmbH joined the Illumina-Connect program in January. Labtronics licensed the KnowledgeTree Document Management Software for bundling with its LimsLink application as a cobranded Nexxis SDMS product. Sciformatix entered into a partnership […]
Company Announcements AMS and Westco Scientific Instruments acquired Unity Scientific, an NIR solutions provider, in fall 2008. Doug Evans remains president of Unity Scientific. Guided Wave acquired Aspectris, a supplier of encoded photometric IR and NIR systems to OEM customers and for selected target applications, in fall 2008. A2 Technologies licensed Boeing’s patents for the […]
Canadian science and technology (S&T) spending for biotechnology increased 4.6% in 2008 to $921 million to account for 9% of federal S&T expenditures. Twenty-nine percent of federal S&T spending for biotech went to in-house activities and 71% went to extramural performers. The higher education sector received 80% of extramural funding. Among S&T activities, R&D received […]
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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.
