Company Announcements Shimadzu Scientific Instruments is now distributing SEDERE’s SEDEX 80LT and SEDEX 85LT evaporation light scattering detectors in the US. In September, Thermo Fisher Scientific opened a 12,000-square-foot facility in Reinach, Switzerland, which consolidates the Flux Instruments and Spectronex product lines. In December, MIP Technologies AB entered into a collaboration with sanofi-aventis to develop […]
San Diego, CA 12/23/08—Volcano, a publicly held medical device company, has agreed to acquire Axsun Technologies for $21.5 million in cash. Axsun develops and manufactures MEMS-based lasers and optical engines for optical coherence tomography (OCT) imaging systems, micro-optical spectrometers and optical channel monitors for pharmaceutical, chemical, petrochemical and telecommunication network applications. Axsun posted 2007 sales […]
Carlsbad, CA and Abbott Park, IL 12/17/08—Isis Pharmaceuticals announced that Abbott has exercised its option to acquire the remaining equity ownership of Isis’s Ibis Biosciences subsidiary for $175 million and earn-out payments. Bayer currently owns 18.6% of Ibis, for which the company paid $40 million (see IBO 2/15/08, 10/31/08). Ibis’s T5000 Biosensor System identifies and […]
A new survey by KPMG and the Semiconductor Industry Association finds that semiconductor companies do not expect an industry recovery any time soon. The November survey interviewed 85 senior executives at device, foundry and fabless companies. Fifty-two percent of the executives expect revenues to decrease and 69% expect profitability to decline over the next year […]
According to Battelle and R&D Magazine, R&D spending worldwide will increase by approximately 3.2% next year to $1,140 billion, excluding inflation. US R&D spending is estimated to increase 1.75% to $383.5 billion, excluding inflation. Including the effects of inflation, US R&D spending is forecasted to decline 1.6%, as federal government funding falls 1.9% and industrial […]
GCxGC, which is also referred to as comprehensive GC, is an advanced type of multidimensional GC. GCxGC technology is a relatively recent development, and provides major advantages over conventional MDGC techniques. The industries in which GCxGC is most popular are much the same as the wider GC market. The market demand for GCxGC consists primarily […]
The EU has adopted a new toy safety directive designed to update regulations. A toy, as defined by the directive, is a product with which children under 14 play. Manufacturers are charged with ensuring a toy in safe prior to sale. A total of 55 allergenic fragrances are now banned from use in toys. In […]
Cambridge, MA 12/19/08—Helicos BioSciences, a developer of DNA sequencing technology, has announced an agreement to raise approximately $18.6 million through a private placement sale of its common stock and warrants. Net proceeds are expected to be $17.9 million. Earlier this month, the company announced cost reduction measures (see IBO 12/15/08). Purchasers include current investors such […]
Company Announcements Organic revenues for Merck KGaA’s Life Science Solutions business increased 13% in the second quarter and 8.0% in the third quarter. Sigma-Aldrich exclusively licensed boronic acid surrogates for use in Suzuki-Miyaura coupling from the University of Illinois at Urbana-Champaign and will offer MIDA synthons for sale. The technology enables the efficient construction of […]
Company Announcements Alpha Innotech extended its OEM agreement with GE Healthcare, signing a five-year strategic supplier alliance agreement. GWC Technologies appointed Cybeles Life Science as a distributor for Southeast Asia. ForteBio closed $25 million in Series C financing, led by OrbiMed Advisors, in September. Integrated DNA Technologies entered into an exclusive copromotional agreement with 454 […]
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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.
