Washington, DC 10/5/09—Sequenom has announced in a filing with the SEC that the US Attorneys Office, FBI and the NASDAQ have each met with the company regarding the results of its independent investigation into the development of a prenatal test for Down syndrome (see IBO 9/30/09). The investigation resulted in the firing of two company […]
New Dehli, India 10/2/09—GE Healthcare has announced that its joint venture with Wipro will take over its Indian and South Asian businesses, including GE Healthcare Life Sciences. The joint venture, in which GE Healthcare holds a 51% stake, currently distributes 85% of GE Medical Systems India’s products. The transaction will add 1,200 GE employees to […]
West Chester, PA 10/8/09; West Chester, PA 10/2/09—VWR International has agreed to purchase lab distributor OneMed Lab from health care products distributor OneMed Group for an undisclosed amount. OneMed Lab distributes lab equipment, chemicals and consumables in Finland, Norway and Sweden and has annual revenues of $30 million. The transaction is subject to regulatory approval. […]
Palo Alto, CA 10/6/09—Varian stockholders have voted at a special meeting on October 5 to approve the merger agreement with Agilent Technologies. Agilent plans to acquire Varian for $52 per share, or approximately $1.5 billion (see IBO 7/31/09). Approximately 84% of the shares of Varian common stock outstanding as of August 15 voted to adopt […]
Darmstadt, Germany and Bangalore, India 10/13/09—Merck KGaA has acquired Bangalore Genei (BGIP) through it wholly owned Indian subsidiary, Merck Specialities Private, from Sanmar Specialty Chemicals. The purchase price was not disclosed. BGIP specializes in the development, production, marketing and sale of products for proteomic and genomic research. BGIP has 100 employees and had fiscal 2009 […]
Although the latest economic forecasts for Asia, the US and Europe have increased growth estimates for next year, analytical instrument and laboratory product company executives are a bit less sanguine, but positive overall, according to the results of IBO’s latest Fall Business Climate Survey. Signs of recovery abound worldwide, though caution runs high due to […]
Compact flow cytometers operate like their larger counter parts, but with the added benefits of lower-cost and space-saving designs. As a result, individual researchers are able to use flow cytometers in their own labs. Compact flow cytometers typically have up to three integrated lasers, with some vendors offering upgrade options for four- or five-laser systems. […]
Company Announcements Carl Zeiss designated Zollner Electronik, which manufactures and tests subsystems for electron microscopes, a Carl Zeiss SMT Supply Chain Partner. In August, Asylum Research appointed Intertech as a distributor for Russia and Eurasia. Carl Zeiss and Singapore’s Biopolis Shared Facilities announced a strategic partnership and collaboration. Product Introductions McPherson introduced the 251MX X-ray, […]
Company Announcements MTS Systems reported that sales for SANS Group (see IBO 5/31/08) for the first half of fiscal 2009 ended March 29 were $8.0 million and that the subsidiary had an operating loss of $3.5 million. Orders totaled $12.0 million. MTS Systems named Gail P. Steinel to its Board in October. She is former […]
Company Announcements Millipore will exclusively develop and sell Luminex bead-based multiplex immunoassays to measure Proteome Sciences’ Alzheimer’s disease biomarkers and other cognitive function disorders for research applications. Under a comarketing agreement, Millipore became the distributor of BioTime subsidiary Embryome Sciences’ ACTCellerate human progenitor cell lines. Lifecore Biomedical agreed to distribute Hyalose’s line of hyaluroanan research […]
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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.
