According to the Forum for European-Australian Science and Technology Cooperation (FEAST), Australian biotech firms have been successful in raising capital during the first half year, ended June 30. Drug development and device companies raised a record AUD 500 million ($422.7 million) from IPOs and other capital raising efforts. Biotech firms Avexa, Acrux and Progen together […]
In order to boost Germany’s flagging pharmaceutical industry, the nation’s Ministry of Education and Research (BMBF) has announced a new initiative. The Pharma-Initiative, with a budget of €800 million, will run until 2011. The Initiative’s goals include improving innovation within the industry, fostering communication among industry participants and assisting firms in bringing their highest-potential products […]
Milford, MA 8/15/07—Waters has acquired Calorimetry Sciences Corporation (CSC). Based in Linden, Utah, CSC provides differential scanning and isothermal titration calorimeters and has annual sales of $4 million. Waters expects the transaction to be neutral to 2007 earnings.
Santa Clara, CA and New York, NY 8/10/07—Symyx Technologies has agreed to acquire the infrastructure-related software applications and selected databases of MDL Information Systems from Elsevier for $123 million in cash. Elsevier will retain certain MDL content assets, including the CrossFire, Beilstein, the Patent Chemistry, Gmelin and PharmaPendium databases. MDL provides informatics framework and workflow […]
PREMIER Biosoft International released Beacon Designer 7.0 for designing real-time PCR assays. Q Chip launched the ReaX Mastermix Lab-in-a-Bead gel-based bead and the ReaX Custom Bead Service. Spartan Bioscience launched the Spartan Dx real-time PCR DNA analyzer priced at $14,995. VWR International introduced Gene Technologies’ G-Storm thermal cyclers, consisting of three models.
In June, Applied Biosystems launched the early-access program for its SOLiD System DNA sequencer.
Esco Technologies named Mike Martin general manager of US operations in March. He was previously general manager of Lancer Sales. Esco Technologies established a subsidiary in Salisbury, UK, earlier this year. On May 4, Becton, Dickinson and Company acquired Plasso Technology, a surface-engineering company that specializes in biological coatings for consumables, for $10 million in […]
: In June, DuPont and Environmental Defense (ED) introduced the Nano Risk Framework, a joint effort to improve research on environmental, health and safety issues pertaining to nanotechnology. At its most basic level, the Framework calls for a multistep risk analysis assessment before the use of nanotech products or processes, followed by regular reexaminations of […]
Paoli, PA 8/13/07; Paris, France 8/13/07—AMETEK has acquired CAMECA SAS, a manufacturer of secondary ion mass and low-energy X-ray emission spectrometers, as well as tomographic atom probes and electron probe microanalysis instrumentation, for €82 million ($112 million) from the Carlyle Group. Based in Paris, France, CAMECA has annual sales of approximately €60 million ($82 million). […]
Washington, DC 8/6/07—ICx Technologies, a developer of security products, has filed for a public offering of its common stock on the US NASDAQ exchange. The filing did not specify the offer price or date. ICx’s 2006 sales increased 15.7% to $90.2 million (see page 12). Product sales for its Detection business grew 416% in 2006 […]
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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.

