Two of the largest Japanese suppliers of analytical instruments, Shimadzu and Hitachi High-Technologies, each recently reported their fiscal 2011 results for the year ending March 31. In addition, both companies reported a return to mostly normalized operations following March’s earthquake and tsunami. The companies reported growth for their analytical instrument businesses after declining sales in […]
This month, the US National Science and Technology Council issued a report detailing proposals to enhance the development and use of advanced materials. The Materials Genome Initiative, as it is called, would focus on the infrastructure required to study advanced materials. Current challenges for advanced materials include the lengthy development period and lack of recyclability. […]
Instrument and laboratory product companies brought new employees on board last year, indicating the strength of their recovery following the 2009 recession. In fiscal 2010, productivity growth for 20 major publicly held laboratory instrument and product companies climbed 5.1%, compared with a decline of 2.5% in fiscal 2009 for the same companies (see IBO 6/30/10). […]
Apprehensions over the strength of the US economy and the sovereign debt crisis in Greece sent equity markets tumbling in early June. For the first half of the month, ending June 15, the Dow Jones Industrial Average slumped 5.4%. However, equity prices regained some ground as investors focused on the new austerity measures in Greece […]
Earlier this month, the Department of Health and Human Services provided Congress with fiscal 2012 budget details for the proposed National Center for Advancing Translational Sciences (NCATS). The NCATS would replace the National Center for Research Resources (NCRR) as one of the 27 centers and institutes that comprise the NIH. NIH Director Dr. Francis Collins […]
At ASMS 2011, several companies discussed future product introductions. AB SCIEX announced at its press conference that it expects to obtain IVD-CE marking for its API 3200 triple quadrupole system and 3200 QTRAP triple quadrupole/linear ion trap LC/MS systems by the end of the year, enabling the use of the systems in Europe for clinical […]
The continuing resolution (CR) to fund the US federal government through the end of fiscal year (FY) 2011 is $38.5 billion below the FY10 level. President Obama signed HR 1473 into law April 15 (see IBO 4/15/11). It is regarded as a CR instead of an appropriations bill, and therefore was not supplemented with clarifying […]
IBO has selected Thermo Fisher Scientific’s Orbitrap Elite as the product of the show for this year’s ASMS meeting. While Agilent’s 7200 Q-TOF GC/MS further expands the GC/MS market and Thermo Fisher Scientific’s Q-Exactive will undoubtedly have a strong impact on the mid-range LC/MS market, the Orbitrap Elite offers a dramatic performance improvement to what […]
Demand for water analysis instrumentation will be helped by China’s 12th Five-Year Plan for 2011–2015. The Plan calls for an 8% decrease in chemical oxygen demand (COD) emissions. COD measures the presence of organic compounds, including organic pollutants, in water and is used in lab and process configurations. In the lab, COD methods employ a […]
First-quarter 2011 Life Science Index sales grew 6.9%, 5.7% on a currency-neutral basis, to $3,074.88 million. Revenue growth for several companies was lessened by the natural disaster in Japan and strong year-over-year comparisons as a result of stimulus spending in the US and Japan. Operating profit improved 9.6% to $667.16 million, and operating margin gained […]
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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.
