Waltham, MA 12/3/08—PerkinElmer has purchased Arnel, a provider of GC systems and software for the petrochemical, food and beverage, and industrial hygiene markets, for an undisclosed amount. Arnel has been PerkinElmer’s exclusive supplier of gas-sampling valve solutions for 18 years. In addition, the companies jointly engineer and market GC instruments and accessories that are sold […]
Cambridge, MA 12/2/08; Washington, DC 12/2/08; Washington, DC 12/3/08—Helicos BioSciences, which this year commercialized the HeliScope DNA sequencer, has announced the appointment of Ronald Lowy as part-time CEO. He replaces Steve Lombardi, who will continue as president and as a Board member. Mr. Lowy was president and CEO of Fisher Scientific from November 2004 to […]
Milford, MA 12/5/08—Waters has purchased the net assets of Analytical Products Group (APG), a proficiency testing and quality-assurance services company, for an undisclosed amount. Waters will merge APG with its Environmental Resource Associates operations. APG has annual revenues of approximately $4 million. The acquisition is expected to be neutral to Waters’s 2009 earnings.
In the wake of the widespread melamine contamination of infant formula and other milk-based products, China has further increased its food safety efforts. According to China Daily, the Chinese government announced in November that it will form food safety committees, each dedicated to one of three areas: risk analysis, new standards and food-science studies. The […]
The latest figures from IMS Health show that worldwide sales for generic drugs increased just 3.6% to $78 billion for the twelve months ending in September, compared to 11.4% growth for the same period last year. The decline is attributed to price competition. In the US, the world’s largest generics market, where generics make up […]
Milford, MA 12/11/08—Waters has lowered its revenue and non-GAAP EPS forecast for the fourth quarter as a result of weaker than expected instrument orders and deteriorating economic conditions. The company now expects fourth-quarter sales to decline 4%–6% to $410–$420 million, including negative currency effects of approximately 4%. Previous guidance was approximately $454 million in sales, […]
The Chinese government has allocated CNY 6.6 billion ($880 billion) to drug discovery and development. The program will select Chinese companies, universities and research institutes to develop drugs for 10 disease areas (malignant tumors, heart disease, cardiovascular systems ailments, nervous system diseases, diabetes, psychosis, autoimmune problems, drug resistant infections, viral infectious diseases and tuberculosis). The […]
Approved in November, the 2009 budget for Germany’s Federal Ministry of Education and Research (BMBF) increased 9.1% to €10.204 billion ($12.984 billion), or 2.9% of GDP. Funding for projects rose 15% to €3.5 billion. Project areas of focus include biotechnology and biomedical research. In total, funding for the life sciences increased 7.5% to €430 million. […]
Salt Lake City, Utah 12/8/08—Brigham Young University (BYU) and MS company Torion Technologies have filed suit against Hitachi High-Technologies America in the US District Court for the District of Utah, alleging infringement of US Patent No. 7,060,987, entitled “Electron Ionization Source for Orthogonal Acceleration Time-of-flight Mass Spectrometry.” BYU granted Torion an exclusive license to the […]
The FDA will continue to allow off-label use of the antibiotic cephalosporin in animals raised for food, including cows, chickens and pigs. In July, the FDA announced that it would crack down on the use of off-label antibiotics in animals used for food. The American Medical Association is among the groups critical of the overuse […]
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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.
