Company Announcements Microsaic’s 2015 sales declined 31.5% to £782,813 ($1.2 million). Operating loss widened 23.2% to £3.9 million ($6 million). Twenty-three units were sold during the year. The total number ordered or sold as of the first half of this year is 112. Proteome Sciences reported a 33% increase in sales of TMT tags in […]
Company Announcements Swiss-based Genohm opened its first US office in Durham, North Carolina, in March. Laboratory information system provider Sunquest Information Systems acquired GeneInsight in April. GeneInsight’s platform provides streamlined analysis, interpretation and reporting of complex genetic results to geneticists. GeneInsight Lab assists with variant annotation and filtration, knowledge management and interpretative report generation. GeneInsight […]
Company Announcements Fiscal first quarter sales for Brooks Automation’s Life Science Systems (LSS) segment grew 25.2% to $20.9 million (see IBO 2/29/16) to account for 17% of company sales. The acquisition of BioStorage (see IBO 11/15/15) added 39.0% to revenue growth, but was partially offset by currency headwinds of 2.4%. Organic LSS sales declined 11.4% […]
Company Announcements Calculus Capital announced in April a £2.25 million ($3.17 million) investment in Duvas Technologies, a developer of UV absorption spectroscopy systems. VUV Analytics announced an exclusive distribution agreement with Wasson-ECE Instrumentation to distribute its VGA-100 GC detector integrated with Wasson-ECE’s enclosures and process chromatography technology to provide fully automated process analyzers into hazardous […]
Company Announcements In May, Sartorius Stedim Biotech and contract discovery, development and manufacturing firm WuXi Biologics announced the opening of a joint laboratory in Shanghai, China to improve the capability and quality of biologics R&D in China. In June, Merck KGaA announced the relaunch of its global network of customer collaboration centers, the M Lab […]
Company Announcements Sartorius first quarter sales grew 17.0%, 14% organically, to €301.9 million ($331.8 million) (see IBO 4/30/16). Lab Products & Services (LPS) revenue rose 5.2% organically to account for 25% of revenues, led by strong demand for lab filters. Organic LPS sales in EMEA, Asia Pacific and the Americas grew 0.3%, 8.7% and 14.0% […]
Company Announcements Human Longevity (HLI) announced in April a 10-year agreement with AstraZeneca to sequence and analyze up to 500,000 DNA samples from clinical samples. The insights will be added to HLI’s Knowledgebase. Takara Bio USA and Integrated DNA Technologies announced a collaboration to support low-input targeted RNA sequencing. TATAA Biocenter agreed to distribute Lexogen’s […]
Company Announcements Nature reported in May that antibody supplier Santa Cruz Biotechnology had agreed to pay $3.5 million for the violation of the US Animal Welfare Act. The settlement also cancels the company’s license to sell, buy or import animals and its registration to operate as an animal research facility. DefiniGEN, a provider of stem […]
Company Announcements The Irish Times reported in April that Merck KGaA opened a €55 million ($63 million) manufacturing and R&D facility at its site in Cork, Ireland. The facility will produce specialty membrane and chromatography media products. BIA Separations named Nilsan Nishotech Systems as a new distributor for India. In June, protein chromatography firm Practichem […]
Company Announcements Lab equipment and manufacturing solutions provider SP Industries purchased in March PennTech Machinery, a provider of complete vial handling solutions. In April, OpenGate Capital and Thermo Fisher Scientific mutually stipulated to the dismissal with prejudice of OpenGate’s suit against Thermo Fisher (see IBO 5/31/13). In April, Esco Ventures established Esco Ventures Labs, a […]
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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.
