In 2009, members of the Pharmaceutical Research and Manufacturers of America (PhRMA) spent an estimated $45,782 million on R&D, a 3.4% decline. R&D spending by the total biopharmaceutical industry is estimated to have increased 2.5% to $65.3 billion. PhRMA members’ domestic R&D spending declined 2.2% to $34,806 million, while their foreign R&D spending fell 7.1% […]
In 2009, growth of biotech crops increased 7% to 134 million hectares. Twenty-five countries planted biotech crops, with 15 countries each growing more than 50,000 hectares, led by the US, Brazil and Argentina. In Brazil, biotech crops increased 35%, the largest increase among any country, to occupy 21.4 million hectares. Biotech herbicide-tolerant soybean and biotech […]
The US equity markets enjoyed another relatively unabated month as the Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 5.1%, 5.9% and 7.1%, respectively. The Dow hit an 18-month high on March 30, not far from the 11,000 mark. While there are a number of positive economic data to support the recovery, such as […]
Atomic Spectroscopy Bruker AXS launched the D8 DISCOVER X-ray diffractometer. The D8 DISCOVER further increases ease of use with real-time component detection, plug-and-play functionality and fully integrated two-dimensional X-Ray Diffraction (XRD) capabilities. These capabilities allow the user to switch between all materials research XRD applications, including reflectometry, high-resolution diffraction, grazing incidence diffraction and small angle […]
Cary, NC 3/26/10—SciQuest, a provider of on-demand strategic procurement and supplier enablement solutions, has filed a registration statement for an initial public offering of its stock. The number of shares to be offered and price range have not been set. SciQuest’s revenues grew 21.5% to $36.2 million in 2009. Among the products for which SciQuest […]
Washington, DC 3/26/10—The US Court of Appeals for the Federal Circuit has affirmed the US District Court for the Northern District of California’s rulings in Applied Biosystems’ (Applera) (now Life Technologies) patent infringement suit against Illumina, Stephen C. Macevicz and Solexa regarding next-generation sequencing technology (see IBO 1/31/09, 4/30/09). In the first phase of the […]
St. Louis, MO 3/16/10—Sigma-Aldrich has announced an agreement to purchase Ace Animal, a provider of research rodents to the biomedical industry, for an undisclosed amount. Ace Animal will operate as part of Sigma Advanced Genetic Engineering (SAGE) Labs. “With the Ace Animals acquisition, SAGE Labs will be in a better position to offer a greater […]
Austin, TX 3/25/10; New York, NY 3/25/10—Luminex has acquired BSD Robotics, an Australian company that specializes in the automation and robotics of dry-sample handling, for $5 million and future earn-out payments. “There is great potential to combine our technologies and expertise to create new products and reach scientists in many industry sectors, from genetic testing […]
Bad Ragaz, Switzerland 1/29/10—INFICON has signed a definitive agreement to purchase Agilent’s micro GC business. The divestiture by Agilent is required by the EU as a condition for approval of Agilent’s acquisition of Varian (see IBO 1/31/10, 2/15/10). Earlier this month, Agilent agreed to sell three other product lines as part of the EU’s requirements […]
In late March, the US Administration’s Office of Science and Technology Policy published its summary of research infrastructure funding in President Obama’s fiscal 2011 budget (October 1, 2010–September 30, 2011). The budget request is likely to be changed before it is approved by Congress; therefore, initial figures for fiscal 2011 are incomplete. However, the report […]
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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.

