In the first of IBO’s twice yearly look at new labs, IBO covers new laboratory construction in China and Singapore, along with new laboratories in the nanotechnology sector, particularly on US college campuses. IBO’s report ends with a look at oil money’s advancement of new laboratory construction in the Middle East. Foreign multinational investment in […]
Company Announcements In January, WaferGen Biosystems formally opened its Malaysian subsidiary in Kedah, which will initially focus on R&D. WaferGen also entered into a contract manufacturing agreement with Malaysia-based Pentamaster. Cepheid appointed Andrew D. Miller as senior vice president, CFO in April. He was previously vice president and chief accounting officer for Autodesk. EnviroLogix and […]
This month, the markets were extremely resilient, as they shrugged off profuse negative economic data to finish the month in positive territory. For the first time since October 2007, the Dow Jones Industrial Average, S&P 500 and NASDAQ all finished higher, improving 4.5%, 4.8% and 5.9%, respectively. Investors seemed primarily focused on several positive earnings […]
Company Announcements Luminex and Tyson Foods are collaborating to develop food-safety and animal-health tests. In February, Invitrogen expanded its license and supply agreement with Luminex, extending the lifetime of the license and providing it with access to next-generation multiplex detection platforms. Invitrogen offers more than 200 assays based on Luminex’s xMAP Technology. In February, Sigma-Aldrich […]
Brazil: From 2000 to 2006, the Brazilian government’s investment in nanotechnology research amounted to BRL 170.2 million ($81.5 million). Current funding includes BRL 58.6 million for the 2005–2009 National Nanotechnology Program and BRL 215 million for Millennium institutes and microelectronics research. Nanotech research in Brazil is almost entirely publicly funded and is organized by networks […]
South San Francisco, CA 4/16/08—Fluidigm, which develops, manufactures and sells Integrated Fluidic Circuit systems (IFCs) for life science research, has filed for an IPO on the NASDAQ stock exchange. The number of shares to be offered and the price have not yet been determined. According to the filing, in 2007, Fluidigm’s revenues increased 19.9% to […]
Japan: Japan’s recent experience, in which Chinese-manufactured, pesticide-laden gyoza poisoned 10 citizens, has prompted the government to restructure the inspection and labeling of imported and processed foods. Food inspection will now include tests for agricultural chemical residues, specifically organophosphorous pesticides. Such testing may prove difficult as Japan currently does not specify maximum residue limits for […]
Ludwigshafen and Heidelberg, Germany 4/3/08—Chemical firm BASF SE has acquired a 75% stake plus one share in hte AG, a provider of high-throughput experimentation products and services for catalysis, material science and formulations. Hte’s owners included private equity firms 3i Group. Financial details were not disclosed. BASF previously owned 12.7% of the company, in which […]
Company Announcements Invitrogen and PamGene will co-market Invitrogen’s Nuclear Hormone Receptor proteins and Lanthascreen assay technology with PamGene’s PamChip and PamStation Nuclear Hormone Receptor screening tools. Clinical Data and Affymetrix entered into a marketing agreement for a new drug metabolism service. Source BioScience will exclusively distribute Empire Genomics’ ACCUarray CGH genotyping technology in the UK. […]
Government: The US government’s expansion of DNA collection to include everyone arrested for violation of a federal law is expected to further burden federal labs. One million additional profiles are expected to be added as a result. In response, the FBI has allocated an extra $2 million to its budget. State labs have also been […]
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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.
