Many people worldwide depend on drugs that have gone off-patent. According to analyses by the FDA, prices of generic drugs can be as low as 20% of the cost of a brand-name drug, and these significant price drops often occur when two or three generic versions of a drug come onto the market. In 2004, […]
In 2006, global sales in the cosmetics and toiletries sector grew 10% to more than $253 billion, according to Euromonitor International. The potential for profit in this sector has drawn biotech startup companies as well as major cosmetics firms to manufacture cosmetics with purported pharmaceutical effects, commonly called cosmeceuticals. Biotech startups are drawn to the […]
Northbrook, IL 6/12/07—IDEX has acquired Quadro Engineering, a provider of particle control solutions for the pharmaceutical and biopharmaceutical industries for $31 million in cash. Quadro Engineering specializes in products for fine milling, emulsification and special handling of liquid and solid particulates for lab, pilot phase and production scale processing. Based in Ontario, Canada, the company […]
According to Chemical & Engineering News’ yearly survey of the top 50 US companies in the chemical industry, 2006 was not an eventful year. Combined sales of the surveyed companies reached $299.3 billion, a 6.3% increase over 2005. This sales growth is down from last year’s 10.9% increase, and is a far cry from the […]
Konica Minolta Sensing appointed Metalinspec and Equipar as Mexican distributors. Metrolab was appointed a technical support provider for Mexico. Perten Instruments AB named Newport Scientific an exclusive distributor for North America effective April 1. Perten will exclusively distribute Newport Scientific’s products in Sweden, Denmark, Finland and Norway beginning this month. Perten will integrate CAMO Software’s […]
Zurich, Switzerland and Syracuse, NY 5/31/07—-INFICON has acquired Maxtek, a provider of instruments and software for thin film deposition and quartz crystal microbalance (QCM) measurements. Terms were not disclosed. “Maxtek’s strong reputation and its products complement INFICON instruments, enabling us to provide a more complete product range for thin film coating processes which are vital […]
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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.
