Agricultural R&D is increasing after years of stagnation. As the price of food, measured in real terms, fell over the last 20 years, so did R&D investment. However, demand increased, leading to lower productivity. R&D is critical to address the growing scarcity of water, soil and other natural resources. DNA sequencing and bioinformatics are among […]
In September, the FDA provided Congress with its mandated report on the Food Emergency Response Network (FERN). The FDA said FERN will help it adhere to lab-related specifications in the Food Safety Modernization Act (FSMA). FERN unites US federal, state and local food-testing labs into a network able to handle food contamination emergencies. FERN manages […]
Global semiconductor capital equipment spending should reach $43.5 billion in 2011, a 7.1% increase from 2010, but will stall for the rest of this year and into next, dropping 19.2% to $35.2 billion in 2012. Gartner predicts that the capital spending decline will be due to too much electronics inventory and weak demand because of […]
The Organization for Economic Co-operation and Development (OECD) Science, Technology and Industry Scoreboard 2011 was published in September. The report examined R&D trends over the last ten years. One trend noted by the report was that in 2009 the business sector accounted for the majority of R&D expenditures, measured as a percentage of GERD (gross […]
Second-quarter revenues for the IBO Lab Equipment/Consumables Sales Index expanded 7.5%, 4.5% excluding currency, to $4,056.00 million. Operating profits for the Index climbed 6.3% to $721.23 million, but adjusted operating margin declined 80 basis points to 17.1% of sales. Biohit’s second-quarter sales grew 2.4% to €10.2 million ($14.8 million = €0.69 = $1) due to […]
The Woodlands, TX 10/13/11; San Jose, CA 10/13/11—Rigaku Americas has acquired BaySpec’s handheld Raman technology and products lines for an undisclosed amount. Rigaku will form a new division, Rigaku Raman Technologies, for R&D, engineering, production, marketing and distribution of the products. The first products will be the FirstGuard and Xantus series, which cover the sample […]
Männedorf, Switzerland 10/7/11—Tecan has announced the initiation of a succession process for its CEO. Tecan’s Board in coming months will elect a new CEO, replacing current CEO Thomas Bachmann, whose employment ends October 31, 2012. The company stated that the process follows its strategic realignment of the last two years, which has resulted in a […]
Shanghai, China 10/14/11—R&D services firm WuXi PharmaTech has acquired Abgent, a provider of biological research reagent products and services, for an undisclosed amount. The world’s largest manufacturer of antibody reagents for research use, according to WuXi PharmaTech, Abgent offers a catalog of 20,000 antibody products. Abgent manufactures antibodies for distribution by reagent suppliers and also […]
Hercules, CA 10/5/11—Bio-Rad Laboratories has acquired QuantaLife for $162 million in cash and potential future milestone payments. QuantaLife is a developer of digital PCR technology (see IBO 12/15/10), which can be used for the detection of rare mutations. The company’s Droplet Digital system (ddPCR) is used for the validation of next-generation sequencing results. “We are […]
San Diego, CA 10/6/11—Illumina has announced that it expects third-quarter revenues of $235 million. This figure would be a 1% decrease year over year and an 18% decline from the second quarter. The company attributed the forecast to: uncertainty about US and European research-funding levels that resulted in purchasing delays for both instruments and consumables; […]
Pay Invoice
Latest Blogs
-
10x Genomics Debuts First Plate-Based Assay
November 21, 2025 3:50 pm
-
Lab Tool Companies and Share Repurchases
October 30, 2025 4:15 pm
-
Precision Cell Systems: Bringing Companies Together to Share Resources
September 30, 2025 1:53 pm
Sitemap
Your Data and Privacy
About Us
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.
