From January to March, Germany’s Federal Ministry for Education and Research conducted a survey of 645 biotechnology companies. Revenues for the 496 “dedicated” biotech companies, defined as companies predominantly focused on biotech, increased 14% in 2007 to €2.1 billion ($2.9 billion), and R&D spending rose 8% to €1.05 billion. These companies have 14,360 employees in […]

Sunnyvale, CA 6/27/08—MDS Analytical Technologies has acquired Blueshift Biotechnologies for $13 million. Located in Sunnyvale, California, Blueshift Biotechnologies is the maker of the IsoCyte benchtop laser-scanning cytometer for cellular screening. “This acquisition fills a gap in our current product portfolio, allowing us to offer our pharmaceutical research customers fast and simple cellular analysis with a […]

Singapore 5/30/08—Hong Kong-based Techcomp, a manufacturer and distributor of analytical instruments, and laboratory equipment firm Bibby Scientific have announced the formation of a fifty-fifty joint venture. Techcomp will manufacture products under Bibby’s brand names Jenway, Techne and Stuart for the local and export markets. The Hong Kong-based joint venture will also serve as Bibby’s distribution […]

Japan continues to reform its R&D spending, which is estimated at $168 billion per year. However, critics contend the system still does not sufficiently encourage entrepreneurial and academic investments. In response, the government plans to launch a $93 million venture fund to support new firms. Critics contend that the country has become too dependent on […]

Despite record prices and demand for the mining industry, the industry’s profit margins may have peaked. A new report from PriceWatershouseCoopers (PwC) found that 2007 revenues for the world’s 40 largest mining companies rose by a third last year to $312 billion due to the strength of diversified companies and mining firms in emerging nations. […]

On a basic level, a workflow is a sequence of steps necessary to complete a designated task. In a laboratory, there are many workflows. For example, a workflow may consist of the specific procedures for preparing a sample for analysis. Another workflow may encompass sample preparation as well as sample analysis. Laboratory product and instrument […]

Santa Clara, CA 6/18/08—Agilent Technologies has acquired RVM Scientific, a manufacturer of direct heating/cooling systems for GC capillary columns. Financial terms were not disclosed. RVM’s Low Thermal Mass technology enables rapid and efficient heating or cooling of GC columns for reduced cycle times and is currently used with Agilent’s GC systems. Robert Mustacich, president and […]

According to Ernst & Young’s European Investment Monitor, the number of foreign direct investment (FDI) projects in Europe rose 5% last year to 3,712. The UK was the top destination, accounting for 19% of project announcements (713 projects), followed by France with 15%. Serbia, the Ukraine and Russia recorded the largest percentage increases in projects […]

A new study funded by the Ewing Marion Kauffman Foundation and conducted by researchers at Duke University and Harvard Law School finds that Indian and Chinese drug companies are fast developing their research capabilities, but still must partner with multinational drug makers to develop proprietary products. Among 2006 pharmaceutical patent applications, 5.5% contained at least […]