Despite market volatility caused by upheaval in the Middle East, soaring crude oil prices and disappointing GDP estimates, in February, the Dow Jones Industrial Average and S&P 500 climbed 2.8% each, and the NASDAQ improved 3.0%. On February 25, the fourth-quarter GDP growth estimate was revised down to 2.8% from 3.2%, well below analysts’ forecast […]
Calendar-year 2010 ended strongly as companies reported good growth in both industrial and life science end-markets in the calendar-year fourth quarter. Companies were also optimistic about 2011 growth prospects. For the eight businesses whose financial results are presented on pages 9–11, calendar-year fourth-quarter 2010 revenues increased 11.8%, or 7.2% organically. Illumina and Agilent Life Sciences […]
The US government enacted the $787 billion American Recovery and Reinvestment Act (ARRA) in early 2009. The ARRA provided $21.5 billion for R&D (see IBO 2/28/09). ARRA funding was required to be obligated by September 30, 2010, the end of the federal government’s fiscal year 2010. Although ARRA obligations have been completed, ARRA spending has […]
Arc/spark spectroscopy is one of several atomic spectroscopy techniques that rely on optical emission spectroscopy (OES). The principle behind these techniques is to excite the atoms in the sample so that they emit their characteristic frequencies of light, which can be analyzed by the spectrometer to identify the individual elements present in the sample. With […]
As reported in IBO’s February 15 issue, Danaher plans to acquire Beckman Coulter for $6.8 billion, or $83.50 per share. Other companies that reportedly bid for Beckman were the private equity combinations of Apollo Global Management and Carlyle Group, and TPG Capital and Blackstone. However, a new name emerged later in the month. Quoting anonymous […]
Alfa Laval’s ART LabPlate is a modular continuous flow reactor (see IBO 8/31/08) consisting of two flow-directing plates, each with a process and utility channel on opposite sides, inserted into a compact frame. The LabPlate has a flow range of 2 mL–40 mL/min. What distinguishes it from other continuous reactors is its use of plate […]
Company Announcements Tiger Optics announced in October 2010 the addition of eight European and US distributors. In November 2010, gas analysis company Servomex, part of Spectris, announced the acquisition of Delta F for $25 million. Delta F manufactures premium, trace and ultratrace oxygen and moisture analyzer technologies. H2scan announced that its core sensor technology will […]
Company Announcements Biosearch Technologies licensed access to its BHQ, CAL Fluor and Quasar patents to DuPont Qualicon in October 2010 and is now manufacturing Scorpions primer oligonucleotides for DuPont. In November 2010, MDxHealth licensed its methylation-specific PCR (MSP) technology to Takara Bio for the scientific research market. QuantaLife closed $17.2 million in Series B financing […]
Company Announcements Affymetrix has contributed genotyping data for a large set of validated rare and common genetic variants to the 1000 Genomes Project. It has also released a larger data set of approximately five million variants on its website. In January, Affymetrix signed a distribution agreement with Fisher Scientific for its GeneAtlas System and related […]
Waltham, MA 2/24/11; Madison, NJ 2/24/11; Paris, France 2/24/11—Thermo Fisher Scientific has agreed to sell two of its laboratory testing businesses (see IBO 1/15/11). The company will sell reference lab Athena Diagnostics to Quest Diagnostics for $740 million in cash. Athena Diagnostics had 2010 revenues of $110 million. Thermo will also sell contract testing lab […]
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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.
