According to a report from the Centers for Disease Control’s Division of Laboratory Standards, over 200,000 Clinical Laboratory Improvement Amendments (CLIA)-certified labs conduct around 6.8 billion tests annually and account for 2.3% of healthcare funding. Total lab testing revenue was $52 billion for 2007, 54% of which was from hospital-based labs. Of the CLIA labs, […]
Analytical instrument makers have two choices about how to sell their products: directly or through distributors. The choice is especially important for sales in other countries. Although selling directly ensures more control over the sale, direct contact with the end-user and a full percentage of the sale, it also requires substantial investment and greater resources. […]
Company Announcements In April, FOSS A/S opened a sales subsidiary in India. It is headquartered in Mumbai with four branch offices and 15 employees. FOSS’s subagent Rajasthan Electronics and Instruments will provide service for the dairy industry. CDEX announced three new distributors: Virtus Trading for Kuwait; GRIFOLS International for Spain, Portugal and Italy; and EURAF […]
West Chester, PA 8/4/08—VWR International has acquired Spektrum-3D Kft, a laboratory supply distributor based in Debrecen, Hungary. Financial terms were not disclosed. The company’s products include chemicals, consumables, furniture, equipment and instruments. “This acquisition demonstrates our ongoing commitment to the Central and Eastern European markets and our intention to expand our product and service offerings […]
Plainview, NY 8/11/08; Santa Barbara, CA 8/11/08—Veeco Instruments and Asylum Research have settled their patent litigation (see IBO 7/15/08). In 2003, Veeco filed suit against Asylum claiming infringement of a patent related to atomic force microscopy. The companies agreed to drop all claims against each other and entered into a five-year worldwide cross-licensing agreement and […]
London, England 8/13/08—The independent directors of Andor Technology, an London AIM listed manufacturer of spectrometers, microscopes and scientific cameras, have recommended the company accept an offer from Thorndale for 73 pence ($0.0139) in cash per share, or £21.8 million ($41.5 million). The offer represents a 30.4% premium over the stock’s closing price on July 23, […]
Company Announcements Pharmaceutical Services Corporation (PSC) will offer a complete solution of Geospiza software and PSC’s services to organizations that need to integrate genetic analysis into their manufacturing process. GenoLogics partnered with GenVault to introduce the BioVault Biospecimen Management Software. Simulations Plus and Northeastern University are collaborating to measure solubilities in biorelevent fluids. BIOBASE GmbH […]
The outsourcing of drug development and manufacturing to India and China by US companies is escalating because of the high rate of patent expirations. The weak US dollar is also causing foreign investors to pull their money out of India and, in turn, weaken the rupee. India’s larger pharmaceutical companies are reaping the inadvertent benefits […]
Gold Award IBO’s 2008 Gold Award for portable instrument industrial design goes to GE’s total organic carbon (TOC) analyzer, the Checkpoint. According to Steve Poirier, vice president of Marketing and Sales for GE Water and Process Technologies, the main goals of the design was to create a product that was lightweight, had a small footprint […]
Over the past 14 years, the annual IBO Design Awards have showcased the best in analytical instrument industrial design. Industrial design encompasses the appearance and form of an instrument. The industrial design is a fundamental part of a product, helping determine how the end-user will evaluate, use, maintain and value a product, and, indirectly, how […]
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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.
