Nearly half of life science companies plan to focus on “breakthrough products and niche markets” in order to mitigate R&D risk, according to a survey by Deloitte Touche Tohmatsu and the Economist Intelligence Unit. The survey is based on responses from 360 life science industry executives from healthcare services (23% of respondents), pharmaceutical R&D (22%), […]
Jena, Germany 2/19/09 and 2/23/09—Analytik Jena AG has acquired a majority of CyBio AG by increasing its stake in the company from 5.48%, purchased on February 19, to 51.19% purchased on February 20 at the price of €1.10 ($1.41) per share as part of a voluntary offer to Cybio shareholders. The acquisition will add CyBio’s […]
Company Announcements Dionex acquired Caliper Life Sciences’ AutoTrace Solid Phase Extraction Workstation product line for in November 2008 for $5 million. AutoTrace had 2007 sales of $3.1 million. Asemblon, a provider of self-assembled monolayer chemistries, signed an international distribution agreement with VWR International in January. Pamela Forbes Lieberman joined VWR International’s Board in January. She […]
As IBO reported on November 30, 2008, government stimulus plans worldwide could help sales of lab instruments and products. Four countries that have approved stimulus packages this year are Norway, Canada, Australia and Germany. In January, Norway announced a NOK $2.87 billion ($415 million) stimulus plan. The plan included a 181% increase to NOK 900 […]
Company Announcements Analytik Jena’s revenues for the fiscal year ended September 30, 2008, increased 23.1% organically to €53.1 million ($79.2 million) (see IBO 12/31/08). Analytical Solutions sales rose 23.3%, Bio Solutions sales grew 35.1% and Optical Solutions sales grew 16.9% to represent 76%, 8% and 16% of sales, respectively. Including the discontinued Project Solutions unit, […]
Company Announcements In the third quarter of 2008, Caliper Life Sciences restructured its business into three units (Discovery Research, Optical Molecular Imaging and Caliper Discovery Alliances and Services) to create a more scalable infrastructure, resulting in a workforce reduction. The initiative is expected to achieve $2.6 million in annualized savings. Caliper entered into a licensing […]
Billerica, MA 2/26/09—Millipore has announced the purchase of the assets associated with Epitome Biosystems’ EpiTag technology for an undisclosed price. Designed for use on Luminex’s xMAP platform, EpiTag technology utilizes informatics to develop specific and selective antibodies for intra-cellular targets. “The EpiTag technology will allow us to develop multiplex immunoassays for cellular targets that were […]
Piscataway, NJ 1/29/09—GE Healthcare announced that it has entered into a distribution agreement with Fisher Scientific, part of Thermo Fisher Scientific. Fisher Scientific will distribute a range of GE Healthcare Life Sciences products in North America, including film, electrophoresis, chromatography and nucleic acid purification products. “The presence Fisher Scientific has in the academic, pharmaceutical and […]
Company Announcements Under an agreement announced in December 2008, inXitu will design and manufacture a portfolio of portable X-ray diffraction (XRD) instruments exclusively for Innov-X Systems, including the Terra field-portable XRD/X-ray fluorescence (XRF) system. In January, Thermo Fisher Scientific opened a demonstration lab in Sugar Land, Texas, for its X-ray spectrometry petrochemical solutions and launched […]
Santa Clara, CA 2/17/09—Due to lower than expected fiscal first-quarter revenues, Agilent Technologies has announced a restructuring of its global infrastructure operations, the shut down of two small board-inspection businesses in the Electronic Measurement unit and the layoff of 600 employees. The restructuring is expected to reduce ongoing operating costs by $150 million. Agilent estimates […]
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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.
