In March, Techcomp announced exclusive distribution agreements in China and Asia Pacific markets with Kurabo Industries, Implen GmbH, Corona and Astranet. In March, the Verder Group and engineering firm Samuel Hodge acquired Autoclude, a manufacturer of peristaltic pumps for the OEM and laboratory markets. In April, Mocon opened a technical support office in Shanghai, China […]
The calendar-year first quarter proved to be an outstanding quarter for major analytical instrumentation providers. Growth in key end-markets remained robust. Among end-users, industrial spending, especially in the petrochemical and commodities sectors, continued to fuel instrument demand. Steady spending by big pharmaceutical companies was also reported by providers. Regionally, China and India remained the focal […]
May started with upbeat earnings announcements and mergers and acquisitions news that helped sustain the strong April rally. On May 3, better than expected first quarter productivity data and lower than expected labor costs helped push the Dow Jones Index to another record close and the S&P 500 Index to cross the 1,500 mark for […]
GE Healthcare will exclusively distribute under the ULTA brand a new range of microfiltration cartridges and disposable filters from Parker domnick hunter for biopharmaceutical manufacturing. The companies also entered into a joint technology development agreement. As part of an R&D collaboration, Invitrogen will contribute its PD Direct media and cell line development expertise and Viropro […]
Carlsbad and Mountain View, CA 5/29/07—Invitrogen and Clontech Laboratories, a unit of Takara Bio, have announced the settlement of Invitrogen’s patent infringement lawsuit against Clontech. The settlement comes one week after a jury decision in a federal district court in Maryland. According to the settlement, Clontech has agreed that Invitrogen’s four patents for “Cloned Genes […]
Applied Biosystems released the BigDye Xterminator Purification Kit to shorten the time and work required to perform purification prior to Sanger sequencing. Luminex launched the MagPlex microspheres, enabling automated xMAP-based assays. PerkinElmer introduced the Immuno-catch Kit, featuring immuno-capture technology, for MS detection. Agilent launched the Small RNA Kit for its 2100 Bioanalyzer microfluidics system. Molecular […]
In April, President Vladimir Putin announced the Presidential Nanotechnology Initiative. At least RUB 28 billion ($1.1 billion) in government funding will be allocated for the initiative through 2010; some funds will go to the purchasing new laboratory equipment. According to the Russian government, RUB 150 billion ($5.8 billion) has already been invested in nanotechnology. Putin […]
In March, the Health and Human Services (HHS) Secretary’s Advisory Committee on Genetics, Health and Society prepared a draft report called “Realizing the Promise of Pharmacogenomics.” The report recommends that the National Institutes of Health make greater allocations to basic research into the biochemistry and genetics involved in drug metabolism, action and effectiveness. In addition, […]
A new survey by PricewaterhouseCoopers indicates that Asia is likely to become the top market in the world for medicines, and a major center for research and manufacturing. Of the 185 executives from domestic and multinational companies (MNCs) in Asia who were surveyed, 58% believe that the pharmaceutical industry will shift its focus to Asia. […]
Cambridge, MA 5/24/07; Washington, DC 5/24/07—Helicos Biosciences completed the initial public offering of its common stock on the NASDAQ Global Market on May 24 with a pricing of 5.4 million shares at $9 per share (see IBO 2/28/07). The company had initially announced the offering at $13–$15 per share on May 7 and lowered it […]
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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.
