Calendar-year second quarter revenues for major, publicly held analytical instrument companies showed steady growth, despite purchase delays in China and uneven academic spending. Combined quarterly revenues for seven businesses whose quarterly results are profiled on pages 9–11 grew 4.8%, or 4.4% on an organic basis. Illumina recorded double-digit sales growth, while revenues for Bio-Rad Laboratories […]
As part of its move into the clinical market, Illumina has formed a collaboration with pharmaceutical companies AstraZeneca, Janssen Biotech and Sanofi to develop a companion-diagnostic test for oncology based on next-generation sequencing (NGS) (see page 2). Intending to extend the partnership to additional companies, Illumina plans to develop the Universal Oncology Test System, to […]
Each August, IBO selects the winners of the IBO Design Awards, recognizing the industrial design of analytical instruments, laboratory equipment (page 6) and portable instruments (page 7) that are notable for their enhancement of the user experience. The accomplishments are aesthetic in terms of the product’s visual appeal and novelty, yet the industrial design also […]
The winners of IBO’s portable analytical instrument design awards are products that are not only compact and stylish but address the unique challenges of doing analyses outside of the laboratory. A portable instrument is defined as one that is battery powered and is designed to be transported and used outside of a lab. Gold Award […]
IBO’s laboratory equipment design awards recognize creative and function industrial design of lab equipment, which is defined as receiving an electrical current, operational for a minimum of one year and unable to analyze a sample characteristic. Gold Award ELGA’s PURELAB Chorus laboratory water system is the winner of IBO’s 2014 Gold Industrial Design Award for […]
Second quarter revenues for IBO’s Laboratory Instrument Sales Index grew 4.8%, 4.3% excluding currency, to $6,259 million. Organic sales growth was driven by strong results from HORIBA, Illumina and Thermo Fisher Scientific. Operating profit advanced 10.5% to $1,324 million. Operating margin expanded 70 basis points to 18.4% of sales. Modest growth estimates are included for […]
In July, the Chinese National People’s Congress released a new draft of updates to its Food Safety Law (see IBO 11/15/13). The changes to the law could have widespread impact, given the country’s growth due to investment and its role as a global food producer. By region, Chinese demand is the fastest growing in the […]
The Dow Jones Industrial Average and S&P 500 reached record trading levels in early July due to constructive economic data, including growing consumer confidence and better-than-expected US GDP growth. Following a revised 2.1% decline in the first quarter, advance estimates for the second quarter GDP growth came in at a robust 4.0%. However, equity gains […]
Companies providing lab-testing and associated services form an important segment of analytical instrument demand. Such firms advance analytical developments and work with private and public entities to implement testing requirements and conduct R&D. IBO spoke with three testing firms to gain insight into current demand and the trends affecting their businesses. A provider of inspections, […]
Now with the first six months of 2014 in the history books, it is appropriate to estimate how the remainder of the year will develop, and importantly, how the current full-year estimates match with IBO’s original forecast (see IBO 1/15/14). In January, our industry forecast was based on the previous year’s results without the benefit […]
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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.
