The adoption of MALDI-TOF MS for imaging applications is a major recent development in the MALDI market. Such applications are leading to the rise in demand for sample preparation and data analysis software that are specific to MALDI imaging. Applications lie squarely in the life sciences area, primarily in histopathology. The market for MALDI imaging […]
Going into this year’s Analytica, the confidence level for a successful event was not particularly high, as signs of negativity seemed unmistakable. After all, talks of a recession in the US and the low dollar could deter many US-based companies from attending the show. The previous Analytica, which was two years ago (see IBO 4/30/06), […]
In regards to corporate earnings, most investors focus their attention on sales and either net income or earnings per share (EPS). While sales figures are usually straightforward, EPS results are often reported in both GAAP (Generally Accepted Accounting Principles) and nonGAAP adjustments. GAAP results provide a standardized and consistent method to compare results, but do […]
R&D spending may be on the rise in Turkey due to a new measure that lets companies deduct all of their R&D spending from their tax base until 2024, an increase from the previously allowed 40% tax deduction. The law was passed to stimulate exports of technological products and to attract multinational R&D. To be […]
Global food sales grew an average of 1.8% last year, hampered by price increases for most staple items, including milk, eggs, corn and wheat. Food producers have also been impacted by higher electricity and fuel costs, part of what one analyst described as a “perfect storm” for the industry. In 2007, Kraft spent $1.3 billion […]
Company Announcements Environnement SA acquired Iséo, an environmental information systems company, in 2007, for €1 million ($1.4 million). Iséo had sales of €2.2 million ($2.8 million) in 2006. Ocimum Biosolutions raised $17 million from the Kubera Cross Border Fund in a Series B round of financing. Clemex Technologies announced in January that it is reviewing […]
Migdal Ha’emek, Israel 4/15/08—Jordan Valley Semiconductors has acquired the assets of X-ray diffraction metrology company Bede, which went into administration last month (see IBO 3/31/08). “The acquired technology will fit into our product line almost seamlessly and will strengthen Jordan Valley’s position as the market leader in X-ray metrology,” stated Jordan Valley CEO Isaac Mazor.
According to the “2008 Pharmaceutical Industry Profile” released by the Pharmaceutical Research and Manufacturers of America (PhRMA), R&D spending by PhRMA-member companies rose 2.5% to $44.530 billion in 2007. Member companies’ 2007 sales increased 6.6% to $271.515 billion. As a result, R&D as a percentage of sales was 16.4%, down from 17.1% in 2006. In […]
San Diego, CA 4/3/08; Santa Clara, CA 4/14/08—Leading microarray provider Affymetrix has reduced its 2008 revenue guidance by approximately 3% to $409–$510 million from $505–$525 million, which would result in sales growth of 10%–37%. The company attributed the reduction to its expectations for lower research spending by pharmaceutical and industrial customers and stated it is […]
Palo Alto, CA 4/7/08; Abingdon, UK 4/7/08—Varian has acquired Oxford Instruments’ spin out Oxford Diffraction for $37 million in cash and assumed net debt. Oxford Diffraction, of which Oxford Instruments held a 23% stake, develops and manufactures x-ray crystallography instrumentation for pharmaceutical research. The company posted revenues of $15 million for the year ended March […]
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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.