Economic growth in emerging markets in Eastern Europe and Southeast Asia is increasingly luring analytical instrument firms to establish a deeper presence in such markets. Companies are starting to sell directly in these markets to increase contact with a growing customer base. In doing so, they strengthen their applications development and marketing efforts. Pharmaceutical testing […]
To address scientific, technological, organizational and funding challenges facing core labs in Europe, core facilities at six European research institutes announced in May the formation of the Core for Life alliance. Core laboratories support the research of an institute’s scientists by providing testing services and access to advanced analytical instruments and other laboratory equipment. Current […]
With the addition of Oxford Instruments and details of Shimadzu’s financial results, first quarter IBO Laboratory Sales Index revenues are now estimated to have grown 0.6%, 1.9% excluding currency, to $5,905 million (see IBO 5/15/13). Operating profit declined 2.9% to $1,215 million, and operating margin contracted 60 basis points to 18.1% of sales. For the […]
BioTek Instruments will begin shipping its Cytation3 cell imaging multimode microplate reader in July. The system is available as a microplate reader, a microscope or both. The reader uses BioTek’s “hybrid” technology of filter-based and monochromator optics to measure absorbance, fluorescence and luminescence. The microscope uses inverted fluorescence and brightfield imaging and provides CCD-based image […]
Fears over higher US interest rates and a reduction in the Federal Reserve’s quantitative easing measures sent equity markets lower in June. Ironically, markets erased some of the earlier losses as first quarter US GDP was revised down to 1.8% growth from 2.4%. The weaker-than-expected economic growth appeased investors’ concerns that the Federal Reserve’s bond […]
Large, publicly held testing, inspection and certification companies recorded solid growth last year but also continued to restructure operations. Two of the largest such companies are Intertek and SGS, which share a long history in the testing services business and diversified offerings serving a wide range of industries. Intertek, a provider of testing, outsourcing, certification, […]
Productivity growth for 10 of 17 major publicly held analytical instrument and lab product companies (see table, page 6) declined in fiscal 2012 (FY12) due to expansion in emerging markets and acquisitions. On a currency-neutral basis, the average sales-per-employee ratio for the 17 companies fell 0.4% to $293,902 in FY12. In spite of stable sales […]
As described in IBO’s March 15 and April 15 issues, fiscal 2013 (FY13) nondefense spending for US science agencies was cut by 5.7% as part of the sequestration bill approved in March. The NIH has released its final FY13 operating budget, which totals 5.5% less than FY12 at $29,151 million. Funding for the NIH’s 27 […]
IBO has selected Thermo Fisher Scientific’s Orbitrap Fusion MS as the product of the show for this year’s ASMS annual meeting. The new model features an all-new configuration that incorporates a quadrupole front end along with Thermo’s proven linear ion trap and Orbitrap mass analyzers. The improved system offers a resolving power of better than […]
First quarter Life Science Index sales grew 2.4%, 3.2% on a currency-neutral basis, to $3,235 million. Revenue growth for several companies was negatively impacted by lower research funding in the US and Europe. Operating profit contracted 2.8% to $649 million. Based on continued operations, operating margin fell 130 basis points to 20.8% of sales. Of […]
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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.
