The clinical biomarker that has had the most impact in terms of volume and clinical significance over the last decade is cTn I/cTn T (cardiac troponin I/cardiac troponin T), according to 49% of the 600 respondents surveyed by Clinical Laboratory News. HbA1c (glycated hemaglobin) was selected by 24% of respondents as the most significant. Biomarkers […]
Endowments at 842 US private and public colleges and universities lost 18.7% for the year ended June 30, 2009. The average annual return over a three-year period was a decline of 2.5%. The average spending rate for the endowments was 4.4%, with 43% of endowments reporting an increased spending rate, 28% reporting a lower spending […]
According to a new report from KPMG, merger and acquisitions activity in the chemical industry will increase due to purchases by Middle Eastern and Asian companies. Due to the economic hardships of the past year, Western chemical firms are divesting assets, particularly bulk-chemical businesses. By purchasing assets, Middle Eastern companies will gain facilities, technology and […]
The US Consumer Products Safety Commission (CDC) has announced that it is investigating the presence of cadmium in children’s jewelry imported from China. The Associated Press tested 106 pieces of jewelry and found that 12% contained cadmium content of at least 10%. Cadmium, which ranks seventh on the CDC’s priority list of hazardous environmental substances, […]
The new year has brought uncertainty, as investors fear the economic recovery may be a masquerade. New US economic data revealed a sharp decline in home sales and a smaller-than-expected improvement in durable-goods orders and jobless claims. In addition, the political divergence between the major banks and Obama Administration over regulations, coupled with the uncertainty […]
San Diego, CA 1/15/09—Sequenom has settled a consolidated securities class action lawsuit. Filed between April and June 2009 in the US District Court for the Southern District of California, the 12 suits charged certain Sequenom’s officers and directors with violations of the antifraud provision of US securities law by making false and misleading statements about […]
Washington, DC 1/28/10—In its fourth-quarter earnings conference call, Danaher announced that Hach Lange has purchased Crison Instruments SA, a manufacturer of electrochemistry instruments and consumables. “Crison’s high-quality, easy-to-use product portfolio strengthens Hach Lange’s e-chem lab and process business,” commented H. Lawrence Culp Jr., CEO and president of Danaher. According to a letter to customers, Crison […]
Waltham, MA 1/19/10—Thermo Fisher Scientific has signed a definitive agreement to acquire Ahura Scientific for $145 million in cash plus the potential for earn-out payments based on 2010 financial targets. Ahura Scientific provides miniaturized Raman and FT-IR spectroscopy instruments for safety, security and pharmaceutical applications. The 120-employee company had 2009 revenues of $45 million. “The […]
Toronto, Canada 1/25/10; Toronto, Canada 1/27/10; Washington, DC 1/27/10—The sale of MDS Analytical Technologies to Danaher (see IBO 9/15/09) is expected to close by the end of the first quarter, following the resolution of PerkinElmer’s legal challenge and the approval of the US Federal Trade Commission (FTC). MDS has signed a settlement agreement with PerkinElmer, […]
Santa Clara, CA and Palo Alto, CA 1/21/10; Brussels, Belgium 1/21/10—Agilent Technologies announced that the European Commission has granted conditional antitrust clearance for its acquisition of Varian. In connection with the clearance, Agilent has agreed to divest four Varian businesses: laboratory GC, triple quadrupole GC-MS, inductively coupled plasma–MS and micro GC. Agilent has initiated the […]
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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.
