Despite an anticipated transition to renewable energy technologies, reliance on fossil fuels remains strong due to prevalence and low cost. In 2011, the International Energy Agency (IEA) projected natural gas’s share of energy demand worldwide would reach 25% by 2035, up from 21% in 2010. The rise is largely credited to North America’s increasing dependence […]
R&D expenditures by US universities grew 6.9% to $61.2 billion in fiscal 2010, according to a survey of 742 institutions that spend at least $150,000 on R&D annually. The one-time $2.7 billion boost from 2009’s American Recovery and Reinvestment Act increased the federal government’s share of university R&D spending to 61%. Of the $37.5 billion […]
Several recent attempts to reproduce scientific studies have failed. About 100 scientists under the direction of former Amgen researcher C. Glenn Begley found that 47 of 53 “landmark” academic cancer studies could not be reproduced. A decade ago, cancer drug discoveries were supported by as many as 200 publications, and the number of such papers […]
Fourth-quarter 2011 IBO Lab Equipment/Consumables Sales Index revenues grew 4.8%, 3.9% excluding currency, to $4,226.97 million. Operating profit expanded 6.1% to $732.54 million, and operating margin improved 90 basis points to 18.1% of sales. Full-year 2011 Index sales increased 5.5%, 3.7% on a currency-neutral basis, to $1,6221.51 million. Adjusted operating profits rose 5.0% to $2,813.79 […]
Radnor, PA 4/3/12—Laboratory supply and distribution firm VWR International has acquired Czech Republic–based distributions VITRUM PRAHA and VITRUM ROZNOV for an undisclosed amount. “This acquisition marks our continued commitment to Central and Eastern Europe,” stated Manuel Brocke-Benz, VWR senior vice president and managing director of European Operations. “VITRUM is well established and recognized nationally throughout […]
St. Louis, MO 4/2/12—Sigma-Aldrich has acquired Research Organics, a supplier of high-purity biochemicals, for an undisclosed amount. Research Organics joins Sigma-Aldrich’s SAFC business. “Research Organics is an important addition to our pharmaceutical grade portfolio of raw materials for the biopharmaceutical industry,” commented SAFC President Gilles Cottier. “It will also enable us to provide SAFC’s customers […]
Antwerp, Belgium 4/2/12—Bruker has acquired SkyScan, a manufacturer and distributor of micro-computed tomography (CT) systems for three-dimensional X-ray imaging, for an undisclosed amount. “We are impressed by the portfolio of high-performance SkyScan products which fit nicely into our global materials research and preclinical imaging distribution channels, and which complement our other X-ray analysis and preclinical […]
San Diego, CA 4/2/12; San Diego, CA 4/2/12; San Diego, CA 4/3/12; Basel, Switzerland 4/3/12; San Diego, CA 4/9/12; Basel, Switzerland 4/11/12; Basel, Switzerland 4/12/12—Roche announced on April 12 that it is maintaining its $51 per share unsolicited offer for Illumina (see IBO 3/31/12), despite the unanimous vote by Illumina’s Board to reject the offer. […]
Corning, NY 4/10/12; Franklin Lakes, NY 4/10/12—Corning has definitively agreed to acquire the majority of BD’s (Becton, Dickinson and Company) Discovery Labware unit for $730 million in cash. Corning Life Sciences will acquire four platforms: plastic consumables labware, liquid handling products, cell-based assays and cell cultureware, and ADME research. BD will maintain ownership of its […]
Atomic Spectroscopy Elvatech introduced the ElvaX Mobile portable X-ray fluorescence (XRF) instrument. It is controlled by a PDA and is currently shipping. PG Instruments released a new version of its most recent atomic absorption system, the AA500, which was released in mid-2011. The new version includes an embedded PC. The AA flame can run on […]
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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.
