M.u.t. AG, a provider of spectrometer, lab automation and OEM solutions, issued its IPO in July on the Entry Standard segment of the German Stock Exchange at €10.25 ($13.88) per share to raise €10.2 million ($13.8 million). In the first half of 2006, the company reported revenues of €6.37 million ($8.63 million). Electronic components company […]
This year’s Water Environment Federation Technical Exhibition and Conference (WEFTEC), which was held at the San Diego Convention Center from October 13 through October 17, was unquestionably the largest show in the event’s 80-year history. The event set all-time records in terms of attendance (19,929), exhibitors (1,017) and floor space (268,405 square feet); all of […]
The metabolome is the full set of metabolites—the chemical fingerprints left behind by cellular processes—in an organism. The pharmaceutical industry is particularly interested in the potential of metabolomics research, because metabolites can serve as biomarkers for disease states and drug efficacy, and they can reveal toxicity during the drug discovery process. Metabolomics offers instrument manufacturers […]
Instrument companies’ increasing investment in emerging economies will continue if a new survey is any indication. According to a survey of 192 multinational corporations by the United National Conference on Trade and Development (UNCTAD), 68% of respondents expect to grow FDI flows in 2007 compared to 2006, 19% expect them to remain the same, and […]
Tightness in the credit markets sparked by the US subprime mortgage crisis, rising oil prices and the falling US dollar have increased fears of economic instability in recent months. Higher than normal levels of uncertainty are evident in recent surveys of major corporations. However, such uncertainty has not dampened all enthusiasm. The Business Roundtable’s third […]
Farfield Scientific entered into a strategic partnership with Monash University to create biosensor surfaces for the structural analysis of membrane protein function. SEQUENOM named Richard Lerner to its Board in July. He is president of the Scripps Research Institute. A consortium that includes deltaDOT, Xcellerex, BioPharm Services and Dowpharma was awarded a $7.9 million DARPA […]
Portland, OR 10/25/07; Waltham, MA 10/25/07—FLIR Systems, a provider of thermal imaging and stabilized camera systems, has agreed to purchase test and measurement firm Extech for $40 million in cash. Extech supplies products for measurements of light, sound, temperature, humidity, air flow and water quality. Extech had 2006 revenues of $39.2 million. FLIR stated that […]
Shimadzu released MetID Solutions software for its LCMS-IT-TOF mass spectrometer. Thermo Fisher Scientific introduced the Thermo Scientific ConFlow IV Universal Interface for GC, LC and elemental analyzer systems coupled with isotope ratio mass spectrometers, enabling immediate switching. Syft Technologies launched the Voice200 selected ion flow tube mass spectrometer, featuring detection limits to 50 ppt. Advanced […]
Amsterdam, The Netherlands 10/22/07—Avantium will list on the Euronext Amsterdam stock exchange by the end of the year. Avantium provides catalysis and crystallization research services and products utilizing high-throughput chemical experimentation. The company is also developing biofuels, biobased products and novel crystal forms of drugs. In 2006, Avantium’s revenues increased 40% to €13.5 million ($16.9 […]
The Indian government plans to create a food safety agency by the end of the year. The agency will set standards for pesticides, additives, organic food and hygiene for both domestically produced and imported food. In addition, the agency will be responsible for establishing recall procedures. Current food testing policies in India are not enforced: […]
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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.
