West Chester, PA 11/6/07—VWR International has purchased Omnilabo BV, a Netherlands-based distributor of laboratory products, from private equity firm Nimbus. Founded in 1979, Omnilabo has 42 employees based in the Netherlands and Belgium. “The acquisition of Omnilabo is a great fit with our Dutch and European distribution operations,” said Manuel Brocke-Benz, senior vice president and […]
First-half 2007 revenues for Inficon AG Emergency Response and Security decreased 7.6% to $8.5 million to make up 7% of total company sales. Photovac named four new representatives: A.J. Abrams Company for New England, New York and northern New Jersey; Brewer & Associates for the Pacific Northwest; Alpha Solutions for Minnesota, North Dakota and South […]
The US-China Business Council’s (USCBC) 2007 Member Priorities Survey reflects a mood of optimism. Eighty-three percent of the respondents stated that their operations in China were profitable and two-thirds said that the profitability rate of their Chinese operations is equal to or higher than their companies’ global rate. Ninety-two percent of respondents expect sales increases […]
The Secretary’s Advisory Committee for Genetics, Health and Society (SACGHS), a section of the Health and Human Services department, has released a draft report of its investigation of the oversight systems for genetic testing, including its recommendations for improving these systems. The report calls for the development of enforcement methods against labs performing genetic tests […]
Spurred by the likelihood of rising fuel demand in developing economies and increasingly stringent regulations for carbon dioxide emissions in developed economies, several of the leading oil producers have been investing heavily in partnerships with universities for biofuel research. The most substantial of these investments is $500 million from BP for a 10-year consortium among […]
The Organization for Economic Cooperation and Development (OECD) recently published its evaluation of innovation in Chile. Although Chile has one of the most successful economies in Latin America, R&D spending totaled only 0.68% of GDP in 2004. R&D in Chile is typically funded by the government and conducted at universities. The business sector plays a […]
Arlington, Virginia 11/7/07—Security technologies company ICx Technologies completed its IPO to raise $80 million (see IBO 8/15/07). The company sold five million shares of common stock on the NASDAQ stock exchange at $16 per share. Earlier this month, the company had forecasted a price of $17–$19 per share. Shares fell 19% in their first week […]
Waters released the MassTrak Immunosuppressant Kit, designed to quantify the immunosuppressant tacrolimus in kidney and liver transplant patients by LC/MS/MS. Platypus Technologies launched the Oris Cell Migration Assay. MBL International released the CoralHue Fluo-chase kit for visualization of protein-protein interactions. Sigma-Aldrich introduced the LentiExpress shRNA-based system for RNAi screening in an Optimization Plate format consisting […]
The Society for Biomolecular Sciences’ (SBS) Symposium, “Back to Pharmacology: Stem Cells and Primary Cells in Drug Discovery,” was held on November 8 and 9 at the Anaheim Marriott Hotel in Anaheim, California. It was one of SBS’ small symposia focused on specific topics that the organization has been holding for a number of years […]
According to IMS Health’s 2008 “Global Pharmaceutical Market and Therapy Forecast,” the global pharmaceutical market will grow 5%–6% in 2008 to total $735–$745 billion. This is down from the 6%–7% growth forecasted for 2007. One of the most notable developments in 2008 will be the rise of the so-called “pharmerging” markets: China, Brazil, Mexico, South […]
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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.
