The Dow Jones Industrial Average, S&P 500 and NASDAQ fell 2.2%, 2.1% and 0.6% in July. Wall Street’s anxiety was elevated due to political gridlock over how to raise the debt ceiling and the possibilities of a US Treasury credit downgrade. Economic data did little to mitigate the downward pressure as durable goods orders and […]
Franklin Lakes, NJ 7/26/11—BD (Becton, Dickinson and Company) has named President and COO Vincent A. Forlenza CEO and president, effective October 1. He will also become a member of the Board. He replaces Chairman and CEO Edward J. Ludwig, who will continue to serve as chairman through June 2012. “This change in leadership is the […]
Time-of-flight GC/MS (GC-TOF), which includes TOF and Q-TOF GC/MS systems, has long held potential to become a major GC market segment, but has not yet lived up to these expectations. While the technology has performance advantages, other factors have limited growth. However, a new competitor is poised to finally help the GC-TOF market breakout. Most […]
This month, Bruker introduced its first GC/MS product line, the SCION single quadrupole (SQ) and triple quadrupole (TQ) GC/MS systems. The systems are based on Varian’s GC/MS technology, which Bruker acquired last year (see IBO 3/15/10). Although the SCION GC/MS systems retain the unique 180 degree–curve collision cell design of the Varian 300 and 320 […]
Company Announcements WaferGen Biosystems announced in May that it raised $30.4 million in a private placement financing of equity and debt. In May, Roche Applied Science signed an exclusive OEM agreement with IT-IS Life Sciences for the distribution of IT-IS’s low-throughput LightCycler Nano Instrument. Halo Genomics appointed Ozyme as a distributor for France and Nacalai […]
Company Announcements In April, Olympus named Hidenao Tsuchiya vice president and general manager of its Scientific Equipment Group in the Americas. He was most recently the division manager for the Life Science Business Division of the Life Science and Industrial Systems Group. In June, Carl Zeiss entered into an agreement enabling it to offer Digital […]
Company Announcements In April, Showa Denko transferred its HPLC instrument business to Shoko Scientific and stated it will concentrate on its Shodex HPLC columns business. In April, Phenomenex opened an office in Hyderabad, India, for directly serving the Indian market. YMC announced in April the establishment of YMC Korea. In June, BAC announced a strategic […]
Company Announcements Cellular Dynamics raised $30 million in April in a Series B Preferred Stock financing, led by an entity affiliated with Tactics II Stem Cell Ventures. New England Biolabs named two new exclusive distributors, extending it distribution network to 39 firms: BIOKE for Belgium, the Netherlands, and Luxembourg; and Imperial Life Sciences for India. […]
“The coldest winter I ever saw was the summer I spent in San Francisco.” Popularly attributed to Mark Twain, this witticism could well describe the Bay Area weather during Semicon West/Intersolar 2011, which was about ten degrees cooler than average for the season. Fortunately, the atmosphere inside Moscone Center, which hosted the joint semiconductor and […]
As part of a MYR 741 million ($251.2 million) research fund for Malaysia’s Ministry of Higher Education under the Tenth Malaysia Plan (10MP), MYR 178.4 million has been designated for 1,022 research grants. The amount is intended for R&D for a project’s first two years and extends to public and private higher learning institutions, research […]
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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.
