Major changes at the top analytical instrument companies continue to unfold. This month, Agilent Technologies, the second-largest analytical and life science instrument company (see IBO 4/15/13), announced that it will spin off its Electronic Measurement Group (EM), transforming it into a company dedicated to laboratory instrumentation. This follows the April announcement of the acquisition of […]
The FDA recently released new guidelines concerning levels of both gluten and arsenic in food products. On August 2, the FDA’s final rule for the definition of “gluten free” was published in the Federal Register. Previously, there was no limit to how much gluten a food product could contain and still use the labels “gluten […]
Second quarter 2013 IBO Life Science Index sales grew 2.6%, 4.5% excluding currency, to $3,408 million. Operating profit was flat at $701 million. Based on continuing operations, operating margin slipped 70 basis points to 20.6% of sales. Fiscal third quarter revenue for Becton, Dickinson’s BD Biosciences division declined 4.2%, 2.5% excluding currency, to $257.1 million […]
Hydraulic fracturing, or fracking, extracts natural gas from underground shale by drilling vertically and then horizontally and injecting water, chemicals and proppants under high pressure into the well to release the trapped gas. According to the Energy Information Administration, US production of shale gas increased from 1,990,145 million cubic feet (mcf) in 2007 to 8,500,983 […]
As the use of single-use technologies for bioprocessing grows, sensor manufacturers have expanded their offerings to include single-use sensors for pH and dissolved oxygen (DO) measurements. These sensors are typically incorporated into another manufacturer’s disposable bioreactor system and sold to customers as a single unit. The two types of single-use sensors utilized in such systems […]
Major US equity markets were volatile in August due to uncertainty surrounding the Federal Reserve’s quantitative easing policy, potential military intervention in Syria and mixed economic data. In the US, second quarter GDP was revised up from 1.7% growth to 2.5% growth and unemployment claims declined to a five-year low. However, US orders for both […]
Major, publicly held analytical instrument companies continued to operate in a uncertain market environment in the calendar year second quarter. Industrial, environmental and academic markets remained under pressure for the most part. However, Chinese, food safety, pharmaceutical and aftermarket sales were healthy. Conversion of first quarter orders benefited Bruker and PerkinElmer (see IBO 5/31/13). For […]
The preclinical market for life science and analytical instruments is slated to grow in the mid-single digits this year and next year, according to “Transforming Preclinical Research: New Approaches in Translational Science,” a Strategic Directions International report published in May. The report defines preclinical research as the stage of the drug development process after generating […]
In this article, IBO examines free cash flow (FCF) for the first six months of 2013 at seven major publicly held instrument and lab product companies, and details how the companies are spending and plan to spend their cash. Excluding certain one-time payments, FCF (operating cash flow less net capital investments) for six of the […]
IBO’s annual Industrial Design Awards recognize recently introduced products whose physical appearance and features make a distinct and valuable impression, enable the products’ functionality and successfully communicate the products’ messages. In a more general sense, the Awards highlight how the looks of the products make people want to use the products. The IBO Industrial Design […]
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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.
