A $1 billion project to decode the DNA of 100,000 people will be undertaken by Harvard University scientist George Church with the backing of Google and OrbiMed Advisors. Dr. Church’s project will focus on tying each subject’s DNA to their health history in order to create a database with which to develop new medicines. The […]
Experts say that for 2008 the price of steel will remain unpredictable due to a supply crunch and cost increases. For the first two weeks of February, the price of hot rolled steel increased 6%, and Lehman Brothers analysts have predicted that worldwide steel prices will increase 25% in 2008. Unlike the US steel panic […]
Company Announcements Eurofins acquired Operon Biotechnologies in late 2007 and consolidated the company’s operations with Eurofins MWG and Eurofins Medigenomix for custom oligonucleotide synthesis services. In total, the three operations generate $50 million in revenues. Under a three-year research, supply and marketing agreement, Berry & Associates and Luminos will develop designer reagents to enable luminescent […]
According to Semiconductor Equipment and Materials International (SEMI), the semiconductor industry experienced its second best year ever in 2007,with worldwide sales for semiconductor manufacturing equipment of $42.77 billion, a 6% increase from 2006. Experts believe this increase is due to both the growth of the 300 mm ramp and intensive memory investments. The statistics are […]
Company Announcements Electronic Sensor Technology entered into a distribution agreement with Brechbuhler AG for Switzlerland, France, Italy and Austria in December 2007. In February, Electronic Sensor Technology announced a recapitalization agreement with Halfmoon Bay Enterprises, which will provide $5.5 million in exchange for 39%–44% ownership of its common stock, depending upon the stock’s closing price […]
Physical testing instruments cover a wide range of techniques for assessing the strength and behavior of materials and components. Although the majority of instruments involve the measurement of linear stresses and strains, there are also many applications that require the accurate measurement of torque and torsion. Although torsion tests may be carried out on some […]
Cambridge, MA and Bothell, WA 3/31/08—Synthetic biology firm Codon Devices and Blue Heron Biotechnology, a provider of gene synthesis services, have settled their legal dispute stemming from Codon’s 2007 suit against Blue Heron. The suit alleged infringement of four patents owned by Duke University (US Patent Nos. 5,459,039; 5,556,750; 5,679,522; and 5,702,894) and one MIT […]
Company Announcements In January, Synamatix announced a research collaboration with the Universiti Malaysia Sabah’s Biotechnology Research Institute. In January, Golden Helix launched a collaboration program, whose inaugural members include the University of California Los Angeles, Zucker Hillside Hospital, Montreal Heart Institute, Emory University, Case Western Reserve University and the University at Lübeck in Germany. CLC […]
Bothell, WA 3/27/08—In conjunction with its plan to merge with integrated circuits supplier GigOptix, Lumera has announced that operations of Plexera Biosciences, its life science instrument subsidiary, will cease immediately. Publicly held Lumera will merge its Electro-Optics segment with GigOptix, thereby taking GigOptix public. Lumera Chairman C. James Judson stated: “[W] e do not have […]
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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.
