While President Bush’s proposed budget for FY08 would increase the total federal R&D investment by 1.4% to $143.0 billion, federal support of basic and applied research would decline to $55.4 billion, a 2% drop from the FY07 budget. Not including NASA, the total budget increase for nondefense R&D agencies is only 0.8%, below the national […]
With 15 of the 23 Laboratory Instrument Sales Index companies reporting calendar year-end results, fourth quarter 2006 revenues grew an estimated 10.5% to $4,131 million. Fourth quarter operating profit growth rebounded from a year ago, improving 8.0% to $707 million. However, operating margin dropped 40 basis points to 17.1% of sales. The five largest instrument […]
Chelmsford, MA 2/5/07—Magellan Biosciences has sold Tek-Cel, a provider of laboratory sample management and storage solutions, to Hamilton, which sells laboratory robotics, chromatography and fluid subsystem products. Financial details were not disclosed. Hamilton is expected to keep TekCel’s headquarters in Hopkinton, Massachusetts and to grow Hamilton’s East Coast presence. Magellan President and CEO Dr. Robert […]
Company Announcements Ingersoll Rand Security Technologies agreed to jointly market and sell HiEnergy Technologies’ SIEGMA explosives detection and confirmation system. RAE Systems integrated its chemical and radiation product lines into MDI Security Systems’ ONE Unified Technology platform. Thermo Fisher Scientific’s Santa Fe, New Mexico radiation detection equipment manufacturing facility will cease operations in March, according […]
Company Announcements Alpha Technologies Services, a Roper Industries company, signed an exclusive distribution agreement with AFA Technologies (Instruments) Shanghai for China, effective October 1, 2006. ADMET entered the Indian market with its universal testing machines, as well as other products, in October 2006. It sells direct and through representatives. In fall 2006, Q-Sense AB, the […]
Cambridge, UK 1/29/07, Maynard, MA 1/29/07 and Columbus, OH 1/29/07—BioWisdom, a developer of software for business information analysis in the healthcare industry, and OmniViz, a company that specializes in software for data visualization, have announced that they will unite under the BioWisdom name. Gordon Baxter, CEO of BioWisdom, said that “this transaction is an important […]
Washington, DC 2/9/07—Thermo Fisher Scientific has filed a petition of approval with the US Federal Trade Commission (FTC) to sell its centrifugal vacuum evaporators assets to Riverlake Partners and MVC Capital. Thermo Fisher Scientific is required to divest the business within five months as a condition of the FTC’s approval of the merger of Thermo […]
The FDA plans to define the term “gluten-free” for the purposes of food labeling. The FDA has produced a draft proposal in January and is accepting comments on the proposal until April. According to the FDA, a gluten-free food does not contain wheat, rye or barley; it also should not contain any ingredient made from […]
Company Announcements CETAC Technology entered into a marketing and partnership agreement with Coherent for its GeoLasPro Laser Ablation System in fall 2006. CETAC Technology named StarLab SaS as its Italian distributor in fall 2006. PANalytical, a Spectris company, opened a direct sales and support organization in Mexico in November 2006. The employees of PONA, the […]
At the third annual meeting of the Strategic Council for the Health Industry (CSIS), members of the government and leaders in the French health industry discussed methods to boost R&D spending and create more jobs. One goal of the CSIS is to increase the amount spent on R&D in the health industry by 10% over […]
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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.
