St. Louis, MO and Mountain View, CA 9/9/08—Informatics company Tripos has entered into a definitive agreement to acquire publicly held Pharsight for approximately $57 million in cash. Pharsight shareholders will receive $5.50 per outstanding share of common stock, a 29% premium over the average 30-day closing price as of September 8. Pharsight offers software and […]
Wedel Germany 9/4/08; Eerbeek, The Netherlands 9/4/08—M.u.t. AG, a publicly held provider of lab automation, spectroscopy, aviation and fire detection systems, has acquired 51% of Avantes Holding BV, effective January 1, but just announced this month. Based in the Netherlands with 40 employees, Avantes provides fiber optic spectrometers and accessories for online analysis and is […]
Is 2008 the year of the microarray scanner? It could very well be with at least five new scanners hitting the market by year end. The timing coincides with the introduction of higher density DNA microarrays. With more probes per chip, probe size is smaller, requiring higher resolution scanning. In addition, new software designed for […]
Company Announcements In April, FOSS A/S opened a sales subsidiary in India. It is headquartered in Mumbai with four branch offices and 15 employees. FOSS’s subagent Rajasthan Electronics and Instruments will provide service for the dairy industry. CDEX announced three new distributors: Virtus Trading for Kuwait; GRIFOLS International for Spain, Portugal and Italy; and EURAF […]
The Broad Institute of Harvard and MIT received a $400 million endowment from Eli and Edythe L. Broad to permanently establish the Institute as a nonprofit organization. Founded in 2004, the Institute was initially created as a venture experiment with $100 million in funding from the Broads, who donated an additional $100 million in 2005. […]
According to La Merie Business Intelligence, the top five Japanese pharmaceutical companies in terms of 2007 total sales were: Takeda Pharmaceutical ($12.5 billion), Astellas Pharma ($9.0 billion), Daiichi Sankyo ($8.2 billion), Eisai ($6.8 billion) and Otsuka Pharmaceutical ($3.8 billion). The only firms among the top 20 with sales declines last year were Daiichi Sankyo (-5.3%), […]
The Chinese government will begin dispersing funds this October for two major research programs that were initially announced two years ago. Although a final figure has yet to be released, observers estimate that $880 million will be allocated for drug discovery research and $440 million will be available for infectious disease research. The projects will […]
Company Announcements YSI named Dr. Edward King vice president of R&D and chief technology officer in June. In July, PerkinElmer named Alan Fletcher, PhD, vice president of business development for the Life and Analytical Sciences business with the responsibility for growing the Bio-discovery business. He joined the company from GE Healthcare. GE appointed John Dineen, […]
An investigation by the Associated Press (AP) has drawn attention to the dumping of unused pharmaceuticals by the US’s 5,700 hospitals and 45,000 nursing homes. Based on records from 14 hospitals in Minnesota, the AP estimated that a minimum of 250 million pounds of drug waste are disposed of annually through sewer systems. Other sources […]
Company Announcements Protein Discovery closed a $10 million series C round of equity financing led by Santé Ventures. Digilab Genomic Solutions’ Hummingbird Plus parallel pipetting instrument for low-volume applications will be manufactured by CyBio AG using its Hummingbird dispensing heads and cassettes and CyBio’s CyBi-Well automation platform. BioTrove named custom lab automation provider Synchron Lab […]
Pay Invoice
Latest Blogs
-
LAUDA: Temperature Control Innovation
December 10, 2024 4:11 pm
-
Perseverance Forecasted for the Pharmaceutical Market for Analytical and Scientific Instrumentation
October 24, 2024 5:17 pm
-
M&A Activity in the Analytical Instrumentation and Lab Tools Market. 2021-2023
September 30, 2024 1:32 pm
Sitemap
Your Data and Privacy
About Us
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.
