China has proposed new patent laws that may make filing a patent in the country harder, but challenging a domestic patent easier. One of the new laws would require a foreign firm to file a Chinese patent first for any invention originating in the country. Many other countries have a similar requirement. However, the penalty […]
Company Announcements ABB Switzerland merged its analyzer and software businesses for the cement and minerals industries in March, forming the Collaborative Production Management unit, which encompasses Expert Optimizer, Knowledge Manager and SpectraFlow solutions. Analytical NanoTechnologies acquired the Newton Galley Sampler manufacturing division of the Newton Industrial Group for £247,000 ($480,000). The Galley Sampler is a […]
Pharmaceutical R&D spending in Europe rose 5.0% to an estimated €26.0 billion ($35.6 billion) in 2007, according to the European Federation of Pharmaceutical Industries and Association’s (EFPIA) 2008 Edition of “Pharmaceutical Industry in Figures.” R&D as a percentage of sales for EFPIA members was 18.5%, similar to 2006’s figure of 18.6%. The EU pharmaceutical industry […]
Company Announcements Agilent announced the acquisition of the Blos bead nitrogen/phosphorous detector technology in March. In April, OI entered into an agreement with DANI Instruments SpA to sell DANI’s sample introduction and detector accessories. Sales began in May 2008. OI entered into a one-year value added resellers (VAR) agreement with Agilent Technologies effective June 1, […]
Santa Clara, CA 7/8/08—Agilent Technologies has acquired Particle Sizing Systems for an undisclosed amount. Particle Sizing Systems designs and manufactures instruments based on laser light scattering for the measurement of particle size and stability in materials. “With the growth of products based on nanomaterials—from medicines to diesel fuel catalysts—understanding the size of these particles is […]
First-quarter revenues for the IBO Lab Equipment/Consumables Index grew 10.5% to $887.72 million. Operating profits improved 14.8% to $265.8 million, and operating margin climbed 110 basis points to 29.9% of sales. Favorable currency transactions continued to increase revenue growth for a majority of companies in the Index. However, despite positive results from businesses, such as […]
The chemical sector may be particularly vulnerable to conditions created by the credit crisis, according to some observers. Private equity companies have purchased many chemical companies in the past five years, resulting in a highly leveraged industry. UK-based Ineos Group’s ratings outlook was recently downgraded by S&P. Rising costs for petrochemicals, oil and commodities have […]
Venlo, The Netherlands 7/1/08—QIAGEN NV has purchased Corbett Life Science for $66 million in cash, $4 million in restricted common stock, and milestone payments and other contingencies worth up to $65 million over four years. The purchase includes 82.5% of outstanding stock and the exercise of an exclusive purchase option for the remaining 17.5%. Headquartered […]
Company Announcements Precision System Science, reagent company Diagenode SA and Nippon Gene announced plans to develop an automated epigenetic system. Claire M. Fraser-Liggett, PhD, and Steven St. Peter, MD, resigned from Helicos Biosciences’ Board in May. Helicos BioSciences named Stephen P. Hall senior vice president and CFO in May. He was formerly CFO of TriPath […]
In calendar year 2007 (CY07), total R&D spending by 18 major analytical and life science instrument companies sustained strong growth, according to IBO’s annual survey of R&D expenditures, signifying a prudent commitment to the development of new products. R&D spending in US dollars by 18 instrument companies (see table, page 6) climbed 10.3% to $1.23 […]
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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.
