Company Announcements In 2007, Biolin AB acquired UK-based Nima Technology, a provider of Langmuir Blodgett instruments for the analysis of monolayers and of tensiometers. Brightwell Scientific announced in November 2007 that Benelux Scientific will distribute its Micro Flow Imaging particle analysis products in Belgium, the Netherlands and Luxembourg. On January 1, Setaram began exclusively distributing […]
Atomic Spectroscopy The Q4 Tasman is Bruker AXS’s latest introduction into the arc-spark spectrometer market. The system features a high-resolution CCD detector, making it fast and suitable for a wide range of general applications. The system should begin shipping by the end of March and is priced at approximately $90,000–$130,000. The S1 Tracer from Bruker […]
Waltham, MA 3/31/08—PerkinElmer has acquired LabMetrix Technologies, a provider of metrology-based multivendor analytical instrument qualification solutions. Terms were not disclosed. In 2007, LabMetrix generated revenues of approximately $5 million. “This acquisition expands our support of customers in regulated markets by combining metrology-based multivendor qualification solutions with PerkinElmer’s existing services capabilities,” commented PerkinElmer President and CEO […]
India continues to make significant investments in science and technology as evidenced by the government’s 2008–2009 budget proposal. The budget supports a 20.5% increase in funding for the Ministry of Science and Technology INR 3630.00 crore ($881.1 million = INR 41.20 = $1). The Ministry is one of the country’s primary funding mechanism for R&D. […]
Two new reports released by Sense About Science and the Association of Clinical Biology, and the Royal College of Pathologists and the PHG Foundation address the need for government oversight of diagnostic testing kits and the potential for misdiagnoses. The reports on the heels of a Science Council report released at the end of January […]
A South Korean effort to increase R&D spending to 5% of GDP, in contrast with last year’s R&D spending of 3.49% of GDP, will mean an overhaul of the national capabilities in basic sciences. For 2008, South Korea plans to spend $10.6 billion on science and technology development, 25% of which will go to basic […]
This month, investors were left to weigh negative news involving liquidity issues in the financial markets after the collapse of Bear Sterns. At the same time, they had to consider the Federal Reserve’s 75 basis-point cut in interest rates on March 18 to 2.25%, which was designed to increase the availability of credit in the […]
London, UK 2/26/08 and 3/31/08—X-ray metrology firm Bede has appointed BDO Soy Hayward as joint administrators for the company. Bede stated it also expects no return to equity shareholders. On February 26, the company announced that discussions with possible bidders had been terminated and that it was suspending the trading of its stock on the […]
Jena, Germany 3/31/08—Analytik Jena AG has signed a contract to sell 51% of its project business, AJZ Engineering GmbH, to AJZ Engineering’s management for €0.9 million ($1.2 million). In addition, the parties entered into a cooperation agreement under which Analytik Jena will secure credit for ongoing projects on a case-by-case basis. Over three to five […]
In 2007, Egypt imported $40 million of biotechnology laboratory equipment, and the market is expected grow 10% per year. The government’s five-year plan for 2007–2012 will spend $800 million to upgrade equipment in scientific research centers. In addition, the plan sets aside $5.3 billion for agriculture, including the development of biotech-based crops, and $5.1 billion […]
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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.
