Company Announcements ICx Technologies forecasts 2008 sales of $177–$184 million and an adjusted EBITDA loss of $2–$7 million. In 2007, revenues increased 51% to $136.2 million and the adjusted EBITDA loss was $16.0 million, down from $23.8 million (see IBO 3/31/08). The Detection Division’s revenue in 2007 rose 79% to $77.2 million and the Division’s […]
New nutrition labeling laws for Hong Kong will take effect on July 1, 2010. The laws require that prepackaged food sold in the territory be labeled for energy, protein, carbohydrates, fat, saturated fat, trans fast, sodium and sugars. Hong Kong will become the only market with such requirements, which are more strict than Codex proposals. […]
Korea’s Ministry of Education, Science and Technology has announced the “577 Initiative,” under which the government plans to increase R&D funding to 5% of GDP within five years to make the country one of the seven science and technology leaders worldwide. Seven industries will be targeted, including semiconductors, automobiles and machinery. In addition, health care […]
Karlsruhe and Herzogenrath, Germany 8/18/08—Bruker AXS GmbH has agreed to acquire S.I.S. Surface Imaging Systems GmbH, a manufacturer and distributor of atomic force/scanning probe microscopy (AFM/SPM) systems with $3 million in annual revenues. Additional financial details were not provided. Following the acquisition, S.I.S. will be renamed Bruker Nano GmbH and will remain at its location […]
Irvine, CA 8/26/08—Horiba Instruments, the US subsidiary of Horiba, has announced acquired the assets of Beta Scientific effective May 1. Beta Scientific offered the SA-9600 line of Surface Area Analyzers for measuring low surface-area samples. Horiba stated the product line compliments its particle size, particle shape and zeta potential product lines.
Field flow fractionation (FFF) is a robust separation technique used to characterize molecules by size. It is a chromatographic-like technique that relies on differences in a molecules laminar flow. The system is similar to an HPLC. However, instead of a column packed with a stationary phase, the FFF system is equipped with a thin flow […]
In its annual rankings of the world’s top universities, Shanghai Jiao Tong University has listed 17 US universities among the top 20 and 55 US universities among the top 100. Britain and Germany had the second greatest number of universities in the top 100 rankings with 10 and six, respectively. Japan, Canada and Sweden each […]
New Milton, UK 7/31/08—Genetix has named Charles de Rohan CEO effective September 15. Mr. de Rohan is currently divisional vice president, Scientific Leadership and Global Accounts EMEA, for Abbott Laboratories’s Diagnostic Division. He will replace Mark Reid, who will serve as a nonexecutive director and strategic consultant for Genetix. “Charles’ extensive experience in the clinical […]
Total R&D spending in Israel increased 7.2% in 2007 in constant prices to NIS 31.5 billion ($8.7 billion), or 4.7% of GDP. R&D spending by the business sector represented 79% of all R&D expenditures last year and rose 8.9%. Government R&D spending grew 4.2% and accounted for 5% of spending, while R&D expenditures by nonprofit […]
Carlsbad, CA 8/25/08; Norwalk, CT 8/25/08; Washington, DC 8/21/08; Carlsbad, CA and Foster City, CA 7/29/08; Carlsbad, CA 6/20/08—Shareholders of Applied Biosystems and Invitrogen will vote on the companies’ proposed $6.7 million merger (see IBO 6/15/08) on October 16. In late July, the companies announced the expiration of the Hart-Scott-Rodino Waiting Period, giving the merger […]
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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.
