A South Korean effort to increase R&D spending to 5% of GDP, in contrast with last year’s R&D spending of 3.49% of GDP, will mean an overhaul of the national capabilities in basic sciences. For 2008, South Korea plans to spend $10.6 billion on science and technology development, 25% of which will go to basic […]
In 2007, Egypt imported $40 million of biotechnology laboratory equipment, and the market is expected grow 10% per year. The government’s five-year plan for 2007–2012 will spend $800 million to upgrade equipment in scientific research centers. In addition, the plan sets aside $5.3 billion for agriculture, including the development of biotech-based crops, and $5.1 billion […]
Two new reports released by Sense About Science and the Association of Clinical Biology, and the Royal College of Pathologists and the PHG Foundation address the need for government oversight of diagnostic testing kits and the potential for misdiagnoses. The reports on the heels of a Science Council report released at the end of January […]
Bothell, WA 3/27/08—In conjunction with its plan to merge with integrated circuits supplier GigOptix, Lumera has announced that operations of Plexera Biosciences, its life science instrument subsidiary, will cease immediately. Publicly held Lumera will merge its Electro-Optics segment with GigOptix, thereby taking GigOptix public. Lumera Chairman C. James Judson stated: “[W] e do not have […]
Cambridge, MA and Bothell, WA 3/31/08—Synthetic biology firm Codon Devices and Blue Heron Biotechnology, a provider of gene synthesis services, have settled their legal dispute stemming from Codon’s 2007 suit against Blue Heron. The suit alleged infringement of four patents owned by Duke University (US Patent Nos. 5,459,039; 5,556,750; 5,679,522; and 5,702,894) and one MIT […]
This month, investors were left to weigh negative news involving liquidity issues in the financial markets after the collapse of Bear Sterns. At the same time, they had to consider the Federal Reserve’s 75 basis-point cut in interest rates on March 18 to 2.25%, which was designed to increase the availability of credit in the […]
Company Announcements In 2007, Biolin AB acquired UK-based Nima Technology, a provider of Langmuir Blodgett instruments for the analysis of monolayers and of tensiometers. Brightwell Scientific announced in November 2007 that Benelux Scientific will distribute its Micro Flow Imaging particle analysis products in Belgium, the Netherlands and Luxembourg. On January 1, Setaram began exclusively distributing […]
London, UK 2/26/08 and 3/31/08—X-ray metrology firm Bede has appointed BDO Soy Hayward as joint administrators for the company. Bede stated it also expects no return to equity shareholders. On February 26, the company announced that discussions with possible bidders had been terminated and that it was suspending the trading of its stock on the […]
The Department of Homeland Security awarded GE Security a contract for 41 CTX 9000 DSi and 39 CTX 9400 explosives detection systems.
The UK has awarded a consortium that includes Avecia, Intertek ASG, Lonza, Paraytec and the University of Bradford more than £1 million ($2 million) in grants to develop an instrument to monitor and quantify aggregation at line or online during biopharmaceutical processing.
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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.
