Carlsbad, CA 5/1/07—Invitrogen announced in its first quarter conference call that it has purchased Cascade Biologics. The company, based in Portland, Oregon, produces primary human cell culture systems and reagents for use in basic research, cosmetics testing and cell therapy. According to Gregory Lucier, CEO and chairman of Invitrogen, the acquisition “sets us up for […]
Instrument industry sales should remain stable in the next six months, according to IBO’s Spring Business Climate Survey. Twice a year IBO conducts a survey of analytical instrument companies and associated suppliers. Twenty-four executives were surveyed from companies whose combined sales exceed $5 billion. Fifty-eight percent of the instrument and laboratory product–related company executives who […]
CyTerra, an L-3 company, received a follow-on order from the US Army valued at more than $40 million for several thousand AN/PSS-14 mine detection systems. In March, Smiths Detection received a $19.2 million order from the US Department of Defense (DOD) for more than 4,100 handheld Improved Chemical Agent Monitor (ICAM) units for the detection […]
In 2006, the Securities and Exchange Commission’s new disclosure rules for executive compensation went into effect. These rules provide investors with a more accurate outline regarding the compensation of top executives and directors of US public companies. The most significant changes include disclosure of annual total compensation, annual change in pension value and annual, nonqualified […]
Washington, DC 5/4/07—Laboratory information management systems (LIMS) provider Starlims has filed for a US initial public offering of shares of its common stock on the NASDAQ exchange. The company plans to list 2.1 million shares at a price of $13.70–$15.50 per ordinary share for expected net proceeds of $25.9–$37.4 million. The company has been listed […]
In the first quarter of 2007, revenues for IBO’s Laboratory Sales Index grew an impressive 11.6% to $4,101 million. Operation profit jumped 14.0% to $654 million and operating margin climbed 50 basis points to 16% of sales. More than half of the companies realized significant improvements in operating profits, but those were offset by declining […]
Horiba introduced the Vacuum Cell dry powder option and Slurry Sampler autosampler for its Partica LA-950 Laser Diffraction Particle Size Analyzer. Reichert Analytical Instruments released the Abbe Mark II manual transmission refractometer. Shimadzu Scientific Instruments introduced the EZ Test line of universal tabletop testers, comprising two base models. Viscotek launched the HorizonDLS microplate instrument, featuring […]
Biotools B&M Labs SA released CapitalBio’s microarray platform to the Spanish market and provided CapitalBio with its LIONPROBES real-time amplification technology, the Gelification stabilization platform and recombinant enzymes for kits and reagents for the Chinese market. Oxford Gene Technology and Integrated Genomics partnered to develop and market a Pichia pastoris gene expression oligonucleotide microarray. In […]
Nanotechnology has been a familiar buzzword for a number of years, but the field itself has yet to meet its impressive potential. While there is no shortage of companies involved in nanotechnology, Nanosys, based in Palo Alto, California, has attracted considerable attention since its founding in 2001. In March, Nanosys partnered with Bruker Daltonics for […]
DANI introduced the FAUST (Fast Adaptive Unit Sensing Trace of Explosives) technology for explosives detection, based on chemical sensors. Totali, DANI and Glavani introduced the detectOne security booth for the detection of explosives, radioactive hazards, weapons and biometric data. Brijot Imaging Systems launched the new-generation BIS-WDS GEN 2 object detection and people screening technology, featuring […]
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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.
