A portable analytical instrument requires special design considerations. Size, weight and ergonomics figure more prominently, for example. Special design features may also be required to make the instrument rugged and easy to hold. The winners of IBO’s 2010 Industrial Design Awards for Portable Instruments fulfill these requirements and utilize design to integrate portability and functionality. […]
The IBO Design Awards for Laboratory Equipment recognize original and practical industrial design of laboratory equipment, defined as a laboratory apparatus that receives an electrical current, has a useful life of more than 12 months and does not measure a sample characteristic. Employed for day-to-day, routine laboratory functions, laboratory equipment must be easy to access […]
New FDA recommendations for 510(k) approval could affect analytical instrument companies, as they expand into the clinical diagnostics marketplace. The FDA Center for Devices and Radiological Health this month released a new evaluation of the 510(k) approval process. A 510(k) approval is required for the sale of “medical devices,” which include clinical chemistry and clinical […]
In the second quarter of 2010, revenues for IBO’s Laboratory Sales Index grew 9.5% to $5,198.02 million, including a loss of 3.9% from currency. Operating profit jumped 18.3% to $1,009.63 million, while operating margin improved 140 basis points to 19.4% of sales. For the three companies (Oxford Instruments, Shimadzu and Spectris) that did not report […]
The annual IBO Industrial Design Awards recognize distinctive and innovative industrial design of analytical instruments, laboratory equipment (page 6) and portable instruments (page 7). The winning products are chosen based on their visual appeal, not on performance. As defined by the Industrial Designers Society of America, industrial design is “the professional service of creating and […]
This month, Luminex launched the MAGPIX based on its multiplexing XMAP technology. The system can perform quantitative and qualitative analysis on up to 50 analytes per well (using a 96-well microplate), including proteins, antibodies and oligonucleotides. Priced at $35,000, the MAGPIX is almost half the price of the Luminex 200. Unique among Luminex products is […]
The May 15 issue of IBO contained the first-quarter Laboratory Instrument Sales Index, including estimates for Shimadzu and Oxford Instruments. Both companies have now reported their financial results for the fiscal year ending March 31. As a result, final figures for the Index have been calculated for the calendar-year first quarter. First-quarter Index revenues grew […]
In July, the Dow Jones Industrial Average enjoyed its largest one month gain in a year, climbing 7.1%. The S&P 500 and NASDAQ each gained 6.9%. Initial earnings optimism from the financial sector coupled with a modest dip in the unemployment rate from 9.7% to 9.5% sent the Dow, S&P 500 and NASDAQ each up […]
The American Association for Clinical Chemistry (AACC) held its 61st annual meeting and exposition in Anaheim, California, from July 25 to July 29. Attendance figures were not available from the AACC prior to publication. With over 9,000 members, the AACC is the leading US organization for clinical lab professionals. The exhibition hall was busy on […]
Last January, when IBO issued its industry forecast for 2010, hard evidence of a recovery from the difficult times of 2009 was almost imperceptible. First- and second-quarter 2009 financial results were dismal, and the most recent factual readings were for the third quarter of 2009, when sales were flat. So it was indeed a ”leap […]
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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.
