Diversification by end-market is a strategy designed to guarantee an instrument and lab product company a wider user base and greater sales opportunities. However, a company focused on a particular industry, whether due to the company’s origins, the application fit for its technology, or a deliberate effort to serve a growing market, can succeed by […]
The world’s 11th largest economy, South Korea is forecast to grow 3.3% this year, according to the country’s Finance Ministry. The economy is expected to grow 4.3% in 2013. The domestic market, which the World Economic Forum defines as GDP plus the value of imports, is currently ranked 12th in size among 142 countries, while […]
US equity markets were mostly buoyant in August due to a recovery in the consumer and housing sectors, and upwardly revised second-quarter GDP growth of 1.7%. As a result, the Dow Jones Industrial Average, S&P 500 and NASDAQ gained 0.6%, 2.0% and 4.3% for the month, respectively. Despite the modest economic progress in the US, […]
Sales growth slowed in the calendar-year second quarter for US publicly held analytical instrument and laboratory product businesses, as European and industrial sales weakened. In addition, the strengthening of the US dollar against the euro negatively affected results. Quarterly revenues for the eight businesses discussed on pages 9–11 grew 3.1% (see table, page 9). Excluding […]
Glycoscience assists in the development of new drugs and biofuels, but for greater benefits, advances in the field must occur, according to Transforming Glycoscience: A Roadmap for the Future, a report released earlier this month by the National Academy of Sciences. The report evaluates the current state of glycoscience research, notes its contributions and limitations, […]
The IBO Design Awards for Portable Instruments recognize unique, innovative and purposeful designs. A portable instrument is defined as battery operated and easily transported. The designs of this year’s winners show the influence of consumer products design. Gold Award The 2012 IBO Gold Award for portable analytical instrumentation goes to Barbieri electronic’s SpectroPad, which is […]
The IBO Design Awards for Laboratory Equipment acknowledge distinctive, effective industrial designs of laboratory equipment, which is defined as a product that receives an electrical current, will last for at least 12 months and does not measure a sample characteristic. The industrial designs of this year’s three winners show a trend toward attractive products with […]
In the second quarter, revenues for IBO’s Laboratory Sales Index grew 1.2%, 3.2% excluding currency, to $5,729 million. Operating profit improved 1.4% to $1,153 million. Based on continuing operations, operating margin slipped 30 basis points to 17.6% of sales. For the two companies (Oxford Instruments, Tecan) that did not report earnings before this issue’s publication, […]
Earlier this month, Waters announced an exclusive relationship with informatics provider Nonlinear Dynamics. Although the companies have had a comarketing agreement since 2005, the new OEM agreement is for the codevelopment of informatics tools for Waters’s LC/MS platforms. The agreement signifies the progression of Waters’s MS informatics offerings, as well as trends in MS analysis. […]
Good industrial design catches one’s eye, but good industrial design is not without purpose. The winners of IBO’s 2012 Design Awards for analytical instrumentation highlight the successful interplay of form and function, creating a distinct appearance that serves to increase the instrument’s usability and communicate a product message that resonates with end-users. In each case, […]
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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.
