London, England 8/13/08—The independent directors of Andor Technology, an London AIM listed manufacturer of spectrometers, microscopes and scientific cameras, have recommended the company accept an offer from Thorndale for 73 pence ($0.0139) in cash per share, or £21.8 million ($41.5 million). The offer represents a 30.4% premium over the stock’s closing price on July 23, […]
Plainview, NY 8/11/08; Santa Barbara, CA 8/11/08—Veeco Instruments and Asylum Research have settled their patent litigation (see IBO 7/15/08). In 2003, Veeco filed suit against Asylum claiming infringement of a patent related to atomic force microscopy. The companies agreed to drop all claims against each other and entered into a five-year worldwide cross-licensing agreement and […]
The Russian government plans to spend $2.7 billion by 2015 to revitalize the country’s chemicals industry. The Industry and Trade Ministry program will produce 200 projects in the chemicals sector and 10,000 new jobs. Closely linked to the 2007–2015 State Armament Program, the funding will primarily go toward the development and production of carbon-fiber composites, […]
According to data gathered from the US clinical trials registry for phases II–IV studies between October 2005 and September 2007, six major therapeutic areas accounted for 68% of all protocols and 74% of all sites. In order from most to least activity, these six areas were oncology, central nervous system (CNS) disorders, cardiology, infectious diseases, […]
BASF and Dow hold the top two spots in this year’s Chemical & Engineering News survey of the top 50 chemical producers, with 2007 chemicals sales of $65.04 billion and $53.51 billion, an increase of 20% and 9%, respectively. The aggregate profit margin for the top 50 firms was 10.4%, up from last year’s 9.5%. […]
Brookfield, WI 8/8/08—Thermo Fisher Scientific has acquired AquaSensors, which designs and manufacturers measurement systems for water quality and process control applications. AquaSensors’ products include “smart” and analog process electrodes for pH/ORP (oxidation reduction potential), conductivity, dissolved oxygen, ozone, free chlorine, turbidity and suspended solids. The company will join Thermo Fisher’s Water Analysis Instruments business, part […]
Santa Clara, CA 8/14/08—Symyx Technologies has acquired Integrity Biosolution for an undisclosed amount. Integrity Biosolution offers contract formulation research and analytical services, including formulation and stability solutions for large molecule biopharmaceuticals and fill/finish services for Phase I and II clinical trial volumes. Symyx stated that the acquisition adds biological formulation services to its Research Services […]
Laboratory spectroscopic reflectometry is a niche market within the surface metrology market. Although it is heavily tied to the semiconductor and electronics industries, its has significant applications in other areas as well. The competitors in the market are generally small, and not particularly well known outside of the surface metrology market. Spectroscopic reflectometry is used […]
Company Announcements Pharmaceutical Services Corporation (PSC) will offer a complete solution of Geospiza software and PSC’s services to organizations that need to integrate genetic analysis into their manufacturing process. GenoLogics partnered with GenVault to introduce the BioVault Biospecimen Management Software. Simulations Plus and Northeastern University are collaborating to measure solubilities in biorelevent fluids. BIOBASE GmbH […]
West Chester, PA 8/4/08—VWR International has acquired Spektrum-3D Kft, a laboratory supply distributor based in Debrecen, Hungary. Financial terms were not disclosed. The company’s products include chemicals, consumables, furniture, equipment and instruments. “This acquisition demonstrates our ongoing commitment to the Central and Eastern European markets and our intention to expand our product and service offerings […]
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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.
