Waltham, MA 11/11/08—Thermo Fisher Scientific has acquired Raymond A. Lamb, a manufacturer of histology and anatomical pathology products. Raymond A. Lamb’s products include systems that automate the labeling and tracking of slides and cassettes. The company had 2007 revenues of $9 million and is a supplier to Thermo Fisher. “Our anatomical pathology customers—in both clinical […]
Under the Indian government’s new Prevention of Food Adulteration Rules 2008, all prepackaged food sold in the country will be required to have nutritional labels by March 19, 2009. Among the labeling requirements are a list of ingredients and their weight and volume. In addition, nutritional information must be listed by 100 g or 100 […]
West Chester, PA 11/11/08—Laboratory product distributor VWR International has signed a distribution agreement with Corning Life Sciences that will take effect in January 2009. Corning Life Sciences manufacturers microplates, laboratory glassware and plasticware for cell cultures and liquid handling, as well as filtration devices. “In a committed effort to provide our customers with structured choice […]
Company Announcements Hudson Control Group named Dr. Alan H. Katz chief scientific officer. Previously, he led Wyeth Research’s computation chemistry and drug design group. PaR Systems, a provider of specialized material handling and automation equipment, was acquired in July by MML Capital and PaR Systems management. BioTrove opened an office in San Carlos, California, in […]
The European Commission has proposed a revision to the EU’s Protocol on Animal Welfare that is intended to unify standards across all member states and to update the legislation. Among the proposals is the requirement that alternative testing methods be used when available and that the use of animals be reduced to the minimum necessary. […]
Santa Clara, CA 11/11/08—Affymetrix has agreed to acquire Panomics, a provider of assay products, for $73 million in cash. Panomics offers products for low to mid-plex genetic, protein and cellular analysis applications that enable a direct assay approach that does not require nucleic acid extraction or amplification. “Panomics presented a great opportunity for Affymetrix to […]
Major pharmaceutical companies, including GlaxoSmithKline (GSK), Eli Lilly and Roche, are increasing their research operations in China. China offers scientific talent, many contract research organizations (CROs), lower costs and a fast-growing drug market. By 2020, the country is predicted to be the world’s second largest drug market. For many of these companies, China offers a […]
Waltham, MA 11/10/08—PerkinElmer has announced that it will refocus its business into two areas, Human Health and Environmental Health, beginning January 1, 2009. The Human Health business will include the company’s Genetic Screening, Bio-discovery and Medical Imaging operating units and will be led on an interim basis by company President and CEO Robert Friel. The […]
Hartford, CT 11/12/08; New York, NY 11/12/08; Baltimore, MD 11/14/08—A class action law suit has been brought against Waters by shareholders who purchased the company’s stock between January 24, 2007 and January 22, 2008. The suit alleges that Waters violated securities law by failing to disclose a slowdown in Japanese sales due to government regulations; […]
Sydney, Australia 10/14/08 and 10/30/08—Fluorotechnics, a manufacturer of fluorescence and electrophoresis consumables and tools, raised AUD$7.6 million ($4.9 million) in its IPO (see IBO 9/15/08). The company listed shares on the Australian Stock Exchange on October 31 at a price of AUD$1 ($0.68) per share for a market capitalization of nearly AUD$25 million ($16.9 million).
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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.
