According to the World Steel Association, global steel demand will decrease 14.9% in 2009. This is in addition to the drop in output and profits currently plaguing the steel sector. In 1997, the last time demand for steel declined, demand fell 2.7%. The last double-digit decline was in 1945. Global steel production and consumption is […]
Company Announcements GE Healthcare and Tecan entered into a marketing collaboration for process development applications involving their respective PreDictor 96-well plates and Freedom EVO workstations. CyBio AG’s 2008 sales fell 13.4% to €16.6 million ($24.4 million) (see page 12). Adjusted for the divestment of CLS (see IBO 11/15/08) and CyBio France, sales rose 106.5%. The […]
Microvolume spectroscopy is a new and rapidly developing segment of the molecular spectroscopy market. It is expected to account for more than 10% of the combined UV-visible and fluorescence spectroscopy markets this year. The market consists of both instruments and specialized aftermarket cuvettes. Microvolume spectrophotometers, which primarily include UV-visible instruments as well as some fluorescence […]
Washington, DC 5/20/09; San Jose, CA 5/6/09—The US District Court for the Northern District of California has preliminarily approved a settlement agreement between Affymetrix and shareholders in a 2006 shareholder derivative action brought against company officers. Shareholder derivative actions are lawsuits brought by shareholders against a company’s management for the violation of fiduciary duties. Three […]
To combat the effects of the global economic climate, China’s cabinet recently approved CNY62.8 billion ($9.2 billion) in funding for 11 research programs in national public and private institutions, including universities and small businesses. Areas of focus include energy, agriculture and pharmaceuticals. Among the projects are the development of water pollution treatment technology, new drugs […]
Company Announcements CovaIX AG and BioAnalyte are codeveloping software for discovering how proteins interact in large complexes. Prosolia received an NIH Small Business Technology Transfer grant to develop with Indiana University an atmospheric pressure glow discharge for direct analysis of samples under ambient conditions. Agilent announced a Cooperative Research and Development Agreement with the EPA’s […]
Uppsala, Sweden and Stamford, CT 5/28/09—GE Healthcare has entered into a strategic alliance agreement with FUJIFILM for the development, manufacture and supply of advanced biomolecular imaging systems to be sold under the GE brand. “Fujifilm’s high quality technology platforms fit well with our proprietary labeling technologies and the adjacent fields in the imaging workflow that […]
Medicare has proposed not to pay for tests to determine the proper dose of wafarin for a patient due to insufficient evidence of their effectiveness compared to current methods. The genetic tests costs $50–$500. However, Medicare stated it would pay for the tests in clinical trials. The public may comment on the proposal for one […]
Cambridge, England 5/21/09—Grant Instruments, a manufacturer of scientific, life science and data acquisition products, has purchased the assets and intellectual property of Accsense for an undisclosed amount. Accsense designs remote monitoring systems using self-healing mesh network technology. “We are seeing increased demand for wireless sensor solutions that are quick to deploy, easy to use and […]
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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.
