Since 2000, biomedical sciences (BMS) manufacturing output in Singapore has nearly quadrupled. According to the Agency for Science, Technology and Research, total expenditure on biomedical research in Singapore grew from SGD 310.7 million ($203.7 million) in 2001 to SGD 888.9 million ($582.8 million) in 2005. The latest step in this growth trend was a 30.2% […]
Upcoming moves by the FDA could spur a number of pharmacogenomic studies for warfarin and eventually bring pharmacogenomic tests into the mainstream. The Food and Drug Administration is considering changes to the label of warfarin, a popular anticoagulant, that warn consumers of the drug’s varying effects on people depending on their genotypes. While there are […]
This month, the EPA published the “Framework for Metals Risk Assessment,” which examines the special attributes and behaviors of metals and metal compounds from the perspective of their effects on human health and the environment, and recommends strategies for future research by EPA risk assessors. As concentrations of environmental metals varies around the country, the […]
In February, the Chinese government admitted that the country did not achieve its emission reduction goals in 2006. As part of a long-range plan to lower chemical oxygen demand (COD) and sulfur dioxide emissions by 10% from 2006 to 2010, the goal for 2006 was to lower COD and sulfur dioxide emissions by 2%. But, […]
Company Announcements Life Therapeutics spun out its LifeGels division, a manufacturer of electrophoresis gels, and Life Bioprocess division into a new company, NuSep, in late 2006. The divisions’ 2006 sales rose 95% to $793,000. Nu Sep is expected to list on the Australian stock exchange in late March. Under a partnership for sales, marketing and […]
West Chester, PA 3/12/07—VWR International, the largest independent distributor of laboratory products and services, has announced that it has retained Goldman Sachs & Co. and Banc of America Securities to explore strategic options. “As this process moves forward, we remain committed to maintaining our strong relationships with our customers and suppliers and to the continued […]
Public funding sources in the EU and Australia are establishing programs to assist biotechnology projects that are trying to negotiate the so-called “valley of death”—the funding gap that lies between academic grants and industrial licensing or venture capital backing. The European Investment Fund entered into a €8 million ($10.6 million) partnership with Belgium’s University of […]
London, England 3/12/07—Linde has sold BOC Edwards’s vacuum and semiconductor businesses to private equity firm CCMP Capital for €685 million ($901.1 million). BOC Edwards is a supplier of vacuum systems to analytical instrumentation companies, among other industries. “This is the start of a new independent era for BOC Edwards in which we can focus on […]
Hopes were high for Pittcon this year. After all, the conference was returning to Chicago, Illinois following a two-year stint in Orlando, Florida. Although not as temperate as Florida, in 2004, Chicago had hosted a Pittcon attended by over 25,000, the highest attendance in past six years. Preliminary numbers as of February 28 show a […]
The fiscal 2007 federal budget was finally signed into law by President Bush on February 15. The law makes permanent most of the funding amounts in the continuing resolution passed by Congress in December 2006 that essentially froze agency and program budgets at fiscal 2006 levels. However, Congress did provide funding increases for selected programs […]
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Lab Instrument Sales in China Collapse
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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.
