In the third quarter of 2007, revenues for IBO’s Laboratory Instrument Sales Index grew an impressive 13.7% to $4,218 million, identical to the second quarter’s revenue growth. Operating profit grew 21.8% to $693 million, and operating margin climbed 110 basis points to 16.4% of sales. Strong organic growth, acquisitions and favorable currency effects continued to […]
It was another year of largely bolt-on acquisitions for major analytical instrument companies. The only pure-play instrumentation deal worth more than $1 billion was Madison Dearborn’s acquisition of VWR International (see IBO 5/15/07). However, acquisitions for companies in which laboratory instruments or associated products are one segment of the company’s many businesses yielded two deals […]
Fluid Imaging Technologies’ FlowCAM (flow cytometer and microscope) is a unique product with considerable potential. The company, located in Yarmouth, Maine, grew out of founder Chris Sieracki’s work at Bigelow Laboratories for Oceanographic Sciences. The FlowCAM was first developed in 1996 and the company was started in 1999. For oceanographers, the FlowCAM offers a number […]
Instrument companies’ increasing investment in emerging economies will continue if a new survey is any indication. According to a survey of 192 multinational corporations by the United National Conference on Trade and Development (UNCTAD), 68% of respondents expect to grow FDI flows in 2007 compared to 2006, 19% expect them to remain the same, and […]
The metabolome is the full set of metabolites—the chemical fingerprints left behind by cellular processes—in an organism. The pharmaceutical industry is particularly interested in the potential of metabolomics research, because metabolites can serve as biomarkers for disease states and drug efficacy, and they can reveal toxicity during the drug discovery process. Metabolomics offers instrument manufacturers […]
This year’s Water Environment Federation Technical Exhibition and Conference (WEFTEC), which was held at the San Diego Convention Center from October 13 through October 17, was unquestionably the largest show in the event’s 80-year history. The event set all-time records in terms of attendance (19,929), exhibitors (1,017) and floor space (268,405 square feet); all of […]
October ended with the Federal Open Market Committee lowering the interest rates by a quarter-point and the release of a surprising economic report by the US Commerce Department showing a GDP growth rate of 3.9% for the third quarter. Evidently, a nice treat for investors as the Dow Jones, S&P 500 and NASDAQ closed 1.0%, […]
Tightness in the credit markets sparked by the US subprime mortgage crisis, rising oil prices and the falling US dollar have increased fears of economic instability in recent months. Higher than normal levels of uncertainty are evident in recent surveys of major corporations. However, such uncertainty has not dampened all enthusiasm. The Business Roundtable’s third […]
The 2007 EU Industrial R&D Investment Scoreboard shows aggregate R&D spending by 2,000 of the world’s top companies rose 10% in fiscal 2006 to €371.6 billion ($464.5 billion). R&D expenditures by the 1,000 non-EU companies surveyed rose 11.1% to €250.5 billion ($313.1 billion), compared to 7.7% in 2005. R&D spending for the 1,000 EU companies […]
Second quarter revenues for IBO’s Lab Equipment/Consumables Sales Index grew 10.0% to $804 million, and operating profits jumped 18.0% to $222 million, leading operating margins to improve 190 basis points to 27.6% of sales. At publication time, 11 of the 12 Index firms had reported results, with estimates made only for Diploma. Biohit Oyj’s second […]
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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.
