Sunnyvale, CA 6/27/08—MDS Analytical Technologies has acquired Blueshift Biotechnologies for $13 million. Located in Sunnyvale, California, Blueshift Biotechnologies is the maker of the IsoCyte benchtop laser-scanning cytometer for cellular screening. “This acquisition fills a gap in our current product portfolio, allowing us to offer our pharmaceutical research customers fast and simple cellular analysis with a […]
Japan continues to reform its R&D spending, which is estimated at $168 billion per year. However, critics contend the system still does not sufficiently encourage entrepreneurial and academic investments. In response, the government plans to launch a $93 million venture fund to support new firms. Critics contend that the country has become too dependent on […]
IC Insights forecasts R&D spending by the semiconductor industry (integrated device manufacturers, fabless semiconductor companies and pure-play wafer foundries) to rise 8% this year to $49.2 billion. In the first quarter, the industry’s R&D expenditures increased 12% to $11.1 billion. In 2007, R&D spending rose 8% to $45.7 billion, or 17.9% of revenues, due to […]
The markets tumbled in June as the Dow Jones Industrial Average, S&P 500 and NASDAQ declined 10.2%, 8.6%, 9.1%, respectively. With rising inflation, record oil prices and a worsening credit markets, even the most optimistic Wall Street pundits dismissed any ideas about a quick recovery in the second half of the year. The high cost […]
From January to March, Germany’s Federal Ministry for Education and Research conducted a survey of 645 biotechnology companies. Revenues for the 496 “dedicated” biotech companies, defined as companies predominantly focused on biotech, increased 14% in 2007 to €2.1 billion ($2.9 billion), and R&D spending rose 8% to €1.05 billion. These companies have 14,360 employees in […]
According to Ernst & Young’s European Investment Monitor, the number of foreign direct investment (FDI) projects in Europe rose 5% last year to 3,712. The UK was the top destination, accounting for 19% of project announcements (713 projects), followed by France with 15%. Serbia, the Ukraine and Russia recorded the largest percentage increases in projects […]
New York, NY 6/9/08—Fluidigm has filed a complaint for declaratory judgment and demand for jury trial in the US District Court Southern District of New York. In its filing, Fluidigm stated that the complaint is in response to a letter the company received from Applied Biosystems/Applera on June 4. The letter demanded that Fluidigm cease […]
Company Announcements SGE Analytical Science opened an office in Shanghai, China, in December 2007. In April, JEOL and JOEL Datum formed Datum Instruments, a new company for servicing JEOL’s environmental, metrology and inspection equipment, including benchtop MS, fluorescent x-ray analyzers, portable GCs and mobile scanning electron microscopes. In April, Sartorius Stedim Biotech opened a Technical […]
Company Announcements Poland’s Selvita Life Sciences Solutions was named an authorized partner of Starlims Technologies. In May, Starlims Technologies acquired Laboratory Expertise Center and launched a unit to provide strategic informatics consulting services to its customers. CambridgeSoft formed an alliance with Stewart Computational Chemistry in April to ensure compatibility between their respective MOPAC2007 semiempirical quantum […]
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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.
