Donations to charities and other nonprofit institutions that fund medical research could be at risk due to the economic crisis. According to the Center on Philanthropy at the University of Indiana, the level of donations made to charities correlates with the fortunes of the stock markets, but any effects from the current crisis would not […]
San Diego, CA 9/23/08—Sequenom has agreed to acquire the Center for Molecular Medicine (CMM), a Clinical Laboratory Improvement Act–approved molecular pathology lab, for approximately $4.0 million, less CMM’s cash at closing. Ninety percent of the purchase price will be paid in stock. Based in Grand Rapids, Michigan, CMM is a joint venture of nonprofit health […]
Eden Prairie, MN 9/30/08—SurModics, a surface modification and drug delivery technologies company, has acquired GE Healthcare’s CodeLink Activated Slide microarray business. Terms were not disclosed. The CodeLink Activated Slides use SurModics’ PhotoLink technology, which creates a three-dimensional matrix for the attachment of biomolecules. SurModics stated that it plans to sell the product line directly into […]
This month, Sweden announced the largest R&D investment in its history. The Swedish government’s 2009 budget commits SEK 2.4 billion ($364 million) in 2009 to research funding. Such funding will reach SEK 5 billion in 2012. The funding includes the elimination of the value added tax on education. Medicine, technology and the climate will receive […]
New regulations designed to simplify pesticide residue laws in the EU took effect on September 1. The rules harmonize the maximum residue levels (MRLs) for pesticides and cover approximately 1,100 pesticides used both in the EU and elsewhere. MRLs are listed for 315 agricultural products, including processed products. In addition, a new publicly available database […]
Chalfont St. Giles, England 9/30/08; Boston, MA 9/30/08—GE Healthcare has acquired MicroCal, a developer and manufacturer of microcalorimeters, for an undisclosed amount from majority owner Riverside Partners and other investors. MicroCal’s 2008 revenues are estimated to be $28 million, up from $21 million in 2007, and have grown at more than 25% annually. According to […]
Company Announcements Illumina partnered with Genpathway to provide whole-genome ChIP sequencing services. Illumina named its first certified genetic analysis service provider (CSPro) in Japan, Mitsubishi Chemical Safety Institute, and its first German CSPro, LIFE & BRAIN. Illumina named Fredrick Clerie vice president, Quality Assurance and Regulatory Affairs. He was previously vice president of Global Quality […]
New York, NY 9/22/08; South San Francisco, 9/26/08—Citing market instability, Fluidigm has withdrawn its registration statement for an IPO. Fluidigm, which develops microfluidic systems for drug development (see IBO 4/30/08), had originally planned to begin trading on September 19, but postponed the offering several times. Fluidigm had planned to raise $79.5 million in an offering […]
Point-of-care testing (POCT) is contributing to the growth of the diagnostics product market. In the first six months of this year, the FDA approved 152 POC tests. InteLab estimates that POCT represented 35% of the in vitro diagnostics market in 2005 and that, by 2011, it will account for 41%. In 2005, the market for […]
In the second installment of IBO’s twice yearly look at new laboratories, we examine nonprofit projects in the US, new pharmaceutical and contract research organization (CRO) labs, as well as new food testing and food R&D labs. Nonprofits and Medical Schools The three nonprofit institutions listed in the table on page 3 are among the […]
Pay Invoice
Latest Blogs
-
New Report Details Higher Education Science R&D Spending
February 27, 2026 3:23 pm
-
Single Use Leads Bioreactor Market Growth
December 30, 2025 6:04 pm
Sitemap
Your Data and Privacy
About Us
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.
