As IBO’s annual review of publicly listed contract testing lab companies shows, it was another year for revenue growth at the world’s largest laboratory service companies serving a diversity of industries. The pace of consolidation appeared to slow, but global expansion continued. The activities of three major contract testing companies, Campbell Brothers ALS, Eurofins and […]
Total IBO International Instrumentation Sales Index revenues for calendar year 2006 grew 7.1% in converted US dollars to $3,026 million, while operating profits jumped 35.3% to $654 million, leading operating margin to improved 450 basis points to 21.6% of sales. First-half 2007 Index sales improved 3.7% over the first half of 2006 to $1,576 million, […]
Chris van Ingen, president of Agilent’s Bio-Analytical Measurement unit, which is also known as Chemical Analysis and Life Sciences (LSCA), has spent close to 30 years working in the analytical instrument industry. On the occasion of the announcement of his retirement from Agilent at the end of Agilent’s fiscal year on October 31 (see IBO […]
Founded in 2001, the Canadian firm GenoLogics is based in Victoria, British Columbia, and develops laboratory information management systems (LIMS). The company’s first product was a LIMS for proteomics that grew out of a collaboration with the University of Victoria Genome BC Proteomics Center. As Tanis McSween, manager of marketing communications, explained, these collaborations gave […]
Stem cells have the ability to develop into almost any kind of cell. Spurred by stem cells’ potential to replace diseased cells and cure a wide variety of diseases, scientists around the globe have been studying the qualities of these cells. Because many different properties of stem cells still need to be understood, there are […]
On September 10, the US government’s Interagency Working Group on Import Safety issued its first report on import safety. The Group, which includes personnel from 12 federal departments and agencies, was created in July by the Bush Administration following the discovery of tainted imported pet food (see IBO 5/31/07). The report recommends a strategic framework […]
This month, the Organization for Economic Cooperation and Development (OECD) released a report that consolidates its research on China’s innovation policies. The research was requested by China’s Ministry of Science and Technology (MOST) and is the fruit of several fact-finding operations by the OECD, an October 2006 workshop held in Chongqing, China, on the evaluation […]
It was a surprisingly strong calendar-year second quarter for major analytical instrument companies. Healthy European and Asian sales, continued robust industrial market sales, and a strengthening of sales to big pharma helped companies generate results that topped a number of companies’ expectations. A stronger US dollar also helped US companies leverage pricing advantages in foreign […]
Recently, a number of announcements have highlighted the growing presence of instrument companies in the contract services market. Although not a new development, instrument companies’ presence in this market is expanding, as they seek to capitalize on the increased outsourcing of specialized lab services. The new services provide a variety of technologies and applications, and […]
This month, ensuing renewed concerns over subprime mortgages and the credit crunch, the Dow suffered the second-biggest decline of the year, falling 2.8% on August 9. In the four-day trading period ending August 16, the Dow, S&P 500 and NASDAQ declined 5.6%, 6.1% and 6.2% to four-month lows of 13,846, 1,408 and 2,451, respectively. From […]
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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.
