Volatility returned to the global equity markets in March due to the unresolved bailout for Greece and data indicating slowing economic growth in China and Europe. China lowered its 2012 growth outlook from 8.0% to 7.5%, and the EU reported that fourth-quarter 2011 GDP contracted 0.3%. However, equity prices rebounded as financing measures for Greece […]
Since it began in 1994, TTP Labtech has shown a commitment to innovation, highlighted by its range of products and operational flexibility. Innovation is also apparent in the firm’s staffing. “Out of 100 people, about 75 are in development,” said TTP Labtech Commercial Director Jas Sanghera. The employee-owned, UK-based firm began as a consulting business […]
Fourth-quarter 2011 IBO Life Science Index sales grew 5.2%, 5.0% excluding currency, to $3,599.71 million. Operating profit expanded 4.4% to $829.93 million, but operating margin slipped 30 basis points to 22.7% of revenues. For 2011, Life Science Index sales grew 7.0%, 5.5% on a currency-neutral basis, to $13,047.60 million. Operating profit rose 5.5% to $2,820.89 […]
Inspection, testing, verification and certification companies help develop materials, processes and products worldwide, and maintain the quality and safety of them. Lab testing is a key component of these companies’ services. Together, such companies operate more than one thousand laboratories serving multiple industries and markets. These laboratories are able to leverage industry and technical expertise […]
Last year, for the first time, analytical and life science instrumentation sales in India exceeded $1 billion. Analytical and life science instrumentation sales in the country are expected to grow in the low double digits in 2012, led by sales of life science instrumentation—which have surpassed separation techniques as the fastest-growing category of analytical techniques […]
On February 27, Roche extended its unsolicited cash tender offer to acquire all outstanding shares of Illumina (see IBO 1/31/12, 2/15/12). According to Roche, 102,165 shares were tendered as of February 29. In response, Illumina stated: “The extension by Roche was expected. An extremely low number of shares have been tendered, consistent with our view—and […]
PAC’s Analytical Controls began shipping its CNS SIMDIS (simulated distillation) Analyzer for Crude Oil this month. Like the low-temperature CNS SIMDIS, which was introduced in 2011, the high-temperature model measures boiling point distribution of carbon, sulfur and nitrogen in one run, utilizing flame ionization and chemiluminescence detection. “We realized analyzing crude on the front end […]
The US Department of Agriculture’s Global Agricultural Information Network published a translation in early February of China’s “12th Five-Year Plan on National Food Safety Standards.” The Plan was released by the Ministry of Health on January 30 and comments were accepted until February 28. According to the document, China currently has 1,900 national food standards, […]
In the calendar-year fourth quarter, major, publicly held US instrument companies posted steady growth. In general, US academic and government sales improved from the third quarter but remained slow, according to several companies. The surprise of the quarter was Europe, for which a number of firms reported sales growth. For the eight businesses whose results […]
As discussed in IBO’s August 15, 2011, issue, China’s 12th Five-Year Plan was initiated last year, with the aim of boosting the country’ R&D spending to 2.2% of GDP, compared with 1.8% of GDP in 2010. Details of the specific industry and regional five-year plans continue to be announced, including the funding amounts and goals […]
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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.
