The Chilean Economic Development Agency (CORFO) estimates that $100 million will be spent on R&D in the country during 2008 through InnovaChile, CORFO’s innovation department. If private industry meets government investment, total R&D funding could reach $200 million this year. The majority of funding will go to clusters recommended by the National Council of Innovation […]
Founded in 1999 in Berlin, Germany, JPK Instruments AG is a supplier of atomic force microscopes (AFM) and accessories for life science research. AFM measures the physical, electrical and magnetic forces on a sample surface with subnanometer resolution. In life science research, AFM is used to image the surfaces of living biological samples under physiological […]
Arthur Holden, Illumina Senior Vice President of Corporate and Market Development, resigned from the company in fall 2007. Rosetta Biosoftware’s Syllego System achieved Affymetrix GeneChip-compatibility status. Eppendorf Biochip Systems GmbH certified Girus Life Sciences as a service provider. Oxford Gene Technology granted a license to Phalanx Biotech to fabricate and sell arrays in the US. […]
It was a familiar story in 2007 for the world’s major pharmaceutical companies. Patent expirations, a decline in new product introductions, and regulatory and cost hurdles were the name of the game. Following in the steps of Merck and Pfizer (see IBO 4/15/06, 2/15/07), a number of the large drug companies announced major cost cutting […]
MDS Analytical Technologies launched Molecular Devices’ MetaMorph ICS confocal microscope, which combines Molecular Devices’ MetaMorph software and VisiTech International’s VT-Infinity(3) 2D-array laser confocal scanner. Leica Microsystems introduced the DMI3000 B inverted microscope for live cell imaging using fluorescence. Labtech International launched the ADAM (Automated Detection and Measurement System) Cell Counter for the measurement of cell […]
For the fourth quarter of 2007, revenues for IBO’s Laboratory Sales Index grew 13.5% to $4,616 million and operating profits improved 23.0% to $833 million, leading operating margins 140 basis points higher to 18.0% of sales. For the year, the Laboratory Instrument Index reported similar revenue growth, climbing 13.5% to $17,030 million. Operating profits grew […]
Nitrogen is an essential component of proteins, as well as many other biomolecules, making it an important analyte for applications involving the quantification of organic materials. Although there are many general spectroscopic methods that can be used to identify nitrogen, two main methods are used in instruments designed for total nitrogen (TN) determination: the Kjeldahl […]
Following two weeks of speculation and a bidding process involving at least four companies, on February 4, GE Healthcare announced that it would acquire Whatman for $713 million in cash (see page 2, IBO 1/15/08). The 268-year-old company with forecasted 2007 revenues of £116 million ($232 million), Whatman is a name long associated with laboratory […]
Affymetrix received a four-year, $10.2 million grant from the National Human Genome Research Institute for the ENCODE (ENCylopedia Of DNA Elements) project. Laboratory Corporation of America will use Affymetrix’s whole genome microarrays for a new molecular cytogenetic service for the US.
Last year, China purchased more than $1.5 billion in analytical instrumentation. As one of the fastest growing markets for laboratory instrumentation, China is a focus of major investments by foreign instrument companies, which are rapidly building their sales and marketing, service and manufacturing capabilities in the country. China is also home to a large domestic […]
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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.
