Despite new economic data, investors appear to be increasingly mystified as to the actual condition of the economy. On May 20, the Federal Reserve lowered its 2008 growth forecast to 0.3%–1.2% from 1.3%–2.0%, citing inflation and unemployment concerns. Coupled with record-high crude oil prices of $135 a barrel and renewed liquidity concerns in the financial […]
In the face of slower spending by big pharma, weaker semiconductor spending and economic turmoil, calendar-year first-quarter revenues for major instrument and laboratory product companies stayed on track. First-quarter sales for 11 of the 13 companies profiled on pages 9–11 increased 11.8% in US dollars (see graph, page 10) (Affymetrix was excluded from the calculation […]
Wetzlar, Germany and St. Louis, MO 5/14/08—Leica Microsystems, a Danaher company, has acquired the assets of Coretech Holdings and McCormick Scientific for an undisclosed amount. Coretech is a provider of instruments, reagents and consumables for clinical and research histopathology laboratories. Coretech has joined Leica Biosystems and its CEO Doug Martin has become vice president and […]
One of the focuses of Australia’s recently released budget for 2008–2009 is the renovation of research institutions and new research grants. The new AUS$11 billion ($10.5 billion) Education Investment Fund, the successor to the country’s Higher Education Fund, will be used to repair universities and research facilities. The new Health and Hospital Fund will focus […]
Company Announcements Revenues from AMETEK’s Ultraprecise Measurement and Analysis businesses grew to more than $400 million in 2007. Revenues in 2007 for Spectris’s Materials Analysis segment, which consists of PANanalytical, Malvern Instruments and Particle Measuring Systems, increased 4%, 8% in constant currencies, to £213.8 million ($427.6 million), and operating profit rose 15% to £34.8 million […]
Company Announcements New Zealand–based ZyGEM, a provider of enzyme-based reagents, opened its US headquarters in Solana Beach, California, in January. Invitrogen was named the exclusive provider of fluorescent miRNA microarray labeling kits using Genispheres’ 3DNA dendrimer signal amplification technology. Sigma-Aldrich and MorphoSys AG will design, produce and distribute unique recombinant antibodies. In February, Exiqon A/S […]
The new Food, Conservation and Energy Act of 2008 will reorganize the US Department of Agriculture’s (USDA) $2 billion worth of research programs. The extramural Cooperative State Research, Education and Extension Service will be renamed the National Institute for Food and Agriculture (NIFA). For making competitive grants, NIFA will replace the National Research Initiative (NRI) […]
Although less than 5% of the total HPLC market, nanoLC is a fundamental part of proteomics research and has advanced the use of LC/MS. It is also one of the fastest growing segments of the HPLC market. NanoLC is defined by flow rates of 10–1000 nL/min. and columns with inner dimensions (ID) of 10-100 µm. […]
Madison, WI 5/30/08—Molecular diagnostics company Third Wave Technologies has agreed to acquire Stratagene’s Full Velocity patents and patent applications from Agilent Technologies. The Full Velocity patents cover quantitative PCR and quantitative real-time PCR chemistries. “Third Wave’s strategic acquisition of the Full Velocity patents cements an integral part of our clinical menu expansion plans and provides […]
Washington, DC 5/29/08—ICx Technologies has acquired S3I for approximately $5.3 million and potential earn-out payments. S3I is the developer of the Instantaneous Bioaerosol Analyzer and Collector sensor for the detection of biological threats.
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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.
