Third-quarter revenues for IBO’s Laboratory Instrument Sales Index grew 8.5% to $5,761.23 million, including 2.6% growth from currency. Operating profit improved 11.3% to $1,167.67 million, but operating margin slipped 100 basis points to 18.9% of sales. For the three companies (Analytik Jena, Spectris and Tecan) that did not report earnings before this issue’s publication, estimates […]

Held in Long Beach, California, from October 31 to November 4, was the BioProcess International, a conference and exhibit organized by IBC Life Sciences. Focused on biologics manufacturing, the presentations for each day were grouped according to four tracks and largely featured case studies. For example, on November 1, the day IBO attended the show, […]

Following a broad rebound in merger and acquisition (M&A) activity in 2010, consolidation among analytical instrument and laboratory product–related companies continued at a prevalent pace this past year. Danaher, Thermo Fisher Scientific and PerkinElmer highlighted this year’s M&A market, together spending roughly $10 billion on pure-play acquisitions, of which roughly half were financed through new […]

This month, Life Technologies introduced the QuantStudio 12K Flex Real-Time PCR System, a new PCR platform for real time and digital PCR. The system will ship in the first quarter of 2012 at a price, depending on configuration, of $90,000–$190,000. The system runs PCR experiments via five interchangeable blocks: 96-well plates, fast 96-well plates for […]

The 84th annual Water Environment Federation’s Annual Technical Exhibition and Conferences, more commonly known as WEFTEC, was held in Los Angeles, California, on October 15–19. Attendance declined 4.7% to 16,691 from last year’s show, which was held in New Orleans, Louisiana. The number of exhibiting companies also declined, falling 6.2% to 923. The exhibition was […]

Settlement agreements highlight the second of IBO’s yearly articles on patent infringement litigation involving lab instrument and product companies (see IBO 4/30/11). In addition, new suits involving Agilent, PerkinElmer and Waters were filed. New Litigation Among the patent infringement suits initiated since April is Waters’s complaint against Aurora SFC Systems for infringement of two patents […]

The growth rate of science and engineering (S&E) research space at US biomedical institutions declined 2.2% from fiscal year (FY) 2007 to FY 2009 to comprise 21.8 million net assignable square feet (NASF), according to the NSF’s latest “Science and Engineering Research Facilities” report. The report reflects the latest in a series of surveys that […]

With improving economic data and a potential resolution to the European debt crisis, the Dow Jones Industrial Average, S&P 500 and NASDAQ jumped 9.5%, 10.8% and 11.1% in October, respectively. Economic indicators showed expanding US durable goods orders, outside of transportation, and a slightly improved housing sector. Quarterly earnings were mostly positive, and GDP growth […]

AstraNet Systems is a small company that has been able to achieve big results by applying a core technology to different applications. The UK-based company designs, manufacturers and markets standard and customized spectrophotometers, fluorimeters, radiometers and reflectance probes, all based on fiber optic–coupled CCD-array (FOC-CCDA) technology. AstraNet systems are used in life science labs, in […]

The Organization for Economic Co-operation and Development (OECD) Science, Technology and Industry Scoreboard 2011 was published in September. The report examined R&D trends over the last ten years. One trend noted by the report was that in 2009 the business sector accounted for the majority of R&D expenditures, measured as a percentage of GERD (gross […]