Liège, Belgium 6/15/10; Osaka, Japan 6/18/10—Japanese chemical company Kaneka has acquired a majority share of Eurogentec SA. Eurogentec manufactures and sells proteins, nucleic acids and peptides for use in pharmaceutical and diagnostic products and for research. The company had 2009 sales of €41.4 million ($57.5 million = €0.72 = $1) and currently has 400 employees. […]
Santa Clara, CA and San Diego, CA 6/30/10—Accelrys stockholders and stockholders in Symyx Technologies have approved the companies’ merger (see IBO 4/15/10). Each companies’ stockholders will own half of the combined company. Leading up to the shareholders vote on June 30, Symyx fielded repeated counter offers from Certara, which is owned by Vector Capital (see […]
The world’s eighth largest economy, Brazil is forecasted to grow 5.5% this year, according to the International Monetary Fund, making for a quick rebound following a 0.2% decline in 2009. The country’s economic status has been ascendant for many years, driven by exports, foreign direct investment (FDI) and domestic consumption. In particular, Brazil has prospered […]
In fiscal 2009, productivity growth for 21 major publicly held lab instrument and product companies fell 2.9%, compared to a 9.3% gain in fiscal 2008. The decline in productivity, as measured by average sales in US dollars per employee, was attributed to the economic slowdown, strengthening of the US dollar, business expansion into new markets […]
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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.
