Norwalk, CT 8/8/07—Applera has retained Morgan Stanley to explore alternatives for its tracking-stock structure under which its Applied Biosystems and Celera businesses are separately listed on the New York Stock Exchange. Among the alternatives under consideration is the creation of two separate, publicly traded companies. A tracking stock does not represent a separate company, but […]
A consistent need in a variety of market sectors, including security, environmental research and quality assurance and control is to be able to achieve laboratory-quality results in the field. IBO’s Portable Instrument Industrial Design Award acknowledges manufacturers’ success in solving the various challenges inherent to providing a portable version of a technique, and placing that […]
Endress+Hauser acquired a majority share in its Romanian distributor Romconseng. Endress+Hauser’s Conductam industrial liquid analysis business named Dr. Manfred Jagiella, previously head of Sensors for Balluff, managing director. Endress+Hauser’s 2006 sales increased 11.3% to €985.2 million ($1.2 billion) (see IBO 7/15/07). Asian Pacific sales rose 20%, European sales grew 10.4%, North and South American sales […]
In the second quarter of 2007, revenues for IBO’s Laboratory Sales Index grew a robust 13.8% to $4,083 million. Operating profit jumped 29.3% to $631 million, and operating margin climbed 190 basis points to 15.5% of sales. Strong organic and acquisition-related growth from Thermo Fisher Scientific, Bruker BioSciences, PerkinElmer and Agilent helped boost revenues and […]
In July, Thermo Fisher Scientific announced the 100th shipment of the Mercury Freedom System.
SRI Instruments, located in Torrance, California, began life in 1985 as Scientific Repair Inc. CEO and President Hugh Goldsmith, a former employee of PerkinElmer, started the company in his garage, repairing GCs and HPLCs. After some years repairing and creating spare parts for these instruments, Mr. Goldsmith began making inexpensive GCs, and was able to […]
News of sports doping scandals has been prevalent this summer. While the use of performance-enhancing drugs is nothing new, the availability of advanced pharmaceuticals and the analytical methods to detect them are fairly recent developments. The most common tool of laboratory scientists working to catch sports cheats is mass spectrometry (MS). However, the market for […]
Each year, the IBO Design Awards honors the best in industrial design of analytical instruments and laboratory equipment. This year’s winners encompass a diversity of approaches to the challenge of designing a product whose visual appearance complements and distinguishes the product’s technical abilities. IBO again this year recognizes industrial design in three product categories: analytical […]
China has announced that it is in the middle of a $1.1 billion spending plan for the improvement of food safety. The plan started two years ago; however, news of the plan, which is expected to be completed by 2010, was only released this month. Funding from the plan will be used for a new […]
On August 9, President Bush signed into law the America COMPETES (Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science) Act. Designed to increase the federal resources devoted to education and research in the fields of science, engineering and mathematics, the Act authorizes a total of $33.6 billion in funding, according to an […]
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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.
