Waltham, MA 7/25/08—Thermo Fisher Scientific has acquired FIBERLite Centrifuge, a supplier of carbon fiber centrifuge rotors. FIBERLite had 2007 revenues of approximately $7 million. “We have been offering FIBERLite rotors as an alternative to aluminum and titanium rotors in our Thermo Scientific laboratory centrifuges for several years, and we have seen customer demand for the […]
Austin, TX 7/7/08—Xenemetrix announced that on June 15 it acquired Jordan Valley’s Analytical Instrument Division, which suppliers energy dispersive–X-ray fluorescence spectroscopy instruments (ED-XRF). Xenemetrix was formed by a private management group, led by CEO Doron Reinis, a founding partner of Business Processes, a consulting, production engineering and industrial engineering services firm. “As Jordan Valley Semiconductors […]
Despite the economic downturn, sales of analytical and life science instruments and related aftermarket products and service have remained healthy. Steady industrial end-markets, demand from Asia, and robust biotech and contract research organization (CRO) sales have offset cautious spending by big pharma and a mixed academic market. As the table on page 3 shows, first-half […]
Company Announcements In May, Invitrogen licensed human embryonic stem cell (hESC) patents from the Wisconsin Alumni Research Foundation for the development of research tools, giving it the right to work with karyotypically normal hESCs. Agilent acquired a license in May from the Broad Institute to commercialize a method for genome partitioning using Agilent’s Oligo Library […]
Disappointing economic news continued to weigh on the US markets this month. On July 31, the US reported second-quarter economic growth of 1.9%, compared to economists’ expectations of 2.3%. The US also lowered its GDP estimates for the first quarter of this year and the fourth quarter of 2007 to 0.9% and negative 0.2%, respectively. […]
Particle bombardment technology, also known as biological biolistics or bioballistics, is a nonviral, physical gene delivery method in which target cells are transfected using DNA-coated particles. Cornell University horticultural scientist John Sanford and cohorts developed the technique in the early 1980s. The technology is a very effective gene delivery method for plant cells, as it […]
China’s State Food and Drug Administration (SFDA) reports that at the end of 2007 there were 6,913 pharmaceutical companies in the country, including 4,682 active pharmaceutical ingredient and preparation manufacturers. The Chinese pharmaceutical market is composed of seven subindustries: “Chinese patent medicines, prepared slices of Chinese crude drugs, bulk chemical drug substances, chemical drug preparations, […]
Santa Clara, CA 7/24/08—Affymetrix has purchased a developer of digitally encoded microparticle technology for $25 million in cash. GenomeWeb.com reports that the company is True Materials and that Randy True, the company’s vice president of R&D, has joined Affymetrix. Affymetrix stated that the technology will allow it to enter the low to mid-multiplexing markets and […]
Growth for India’s biotech sector has decelerated from the compound annual growth rate of 34% in the past five years to a 20% rate for 2007–2008, recording nearly $2.5 billion in revenues, according to a survey by the Association of Biotech Led Enterprises and Biospectrum magazine. The biotech sector is divided into five segments: biopharma, […]
New money is flowing to US government agencies, following President Bush’s signing of a supplemental funding bill on June 30. The bill allocated $400 million in new funding to four federal agencies: the National Institutes of Health (NIH) ($150 million), the National Science Foundation (NSF) ($62.5 million), the National Air and Space Administration ($62.5 million) […]
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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.
