US equity markets recorded strong gains in 2012 despite only modest economic growth. For the year, the Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 7.3%, 13.4% and 15.9%, respectively. The markets shrugged off anxious headlines brought by the “fiscal cliff” crisis, European sovereign debt problems and slowing growth in emerging markets. Instead, investors […]
With the growing use of flow chemistry at process scale, the demand for micro-scale reaction chemistry has afforded new approaches for R&D chemists. Flow chemistry is a process of performing chemical reactions through a continuous feed of chemicals. Traditional methods typically rely on batch production recipes that employ parallel chemical synthesizers or lab reactors. In […]
Due to IBO’s annual January 15 forecast issue, third-quarter results for the Lab Equipment/Consumables Index are presented in this issue. Third-quarter revenues for the Index grew 0.4%, 2.2% excluding currency, to $4,007 million. Operating profits rose 1.1% to $672 million. Based on continuing operations, operating margin slipped 10 basis points to 17.8% of sales. Kewaunee […]
Product Introductions Vapourtec launched the E-Series range of flow chemistry systems, including the easy-Scholar, the easy-Polymer and the easy-Medchem. The systems feature a new pump, which offers smooth flow and strong acid capability. Mettler-Toledo introduced the 100 mL Hastelloy Pressure Reactors EM20- 100-HC and EM60- 100-HC, designed for use with the EasyMax synthesis workstation. Intavis […]
Company Announcements Genia Technologies announced in October a collaboration with investigators at Columbia University and Harvard University to develop a nanopore-based sequencing system for use in the clinic. The system would combine Genia’s COMOS integrated circuit, Professor George Church’s novel protein constructs and Columbia’s unique Tag-based sequencing chemistry approach. Genia entered into an exclusive license […]
Product Introductions Thermo Fisher Scientific introduced in September the addition of negative and positive ion chemical ionization capabilities, as well as direct insertion and direction exposure probe options, to its Thermo Scientific TSQ 8000 triple quadrupole GC/MS system. INFICON’s third-quarter Emergency Response & Security sales rose 23.4% to $5.8 million. Vernier Software & Technology released […]
Company Announcements QIAGEN’s third-quarter sales grew 5.3%, 4% organically, to $304.3 million (see IBO 11/15/12), with acquisitions adding 6% and currency lowering sales by 5%. At constant exchange rates, Instruments, and Consumables and Related revenues increased 4% and 10% to account for 13% and 87% of sales, respectively. Molecular Diagnostics revenue rose 15% to account […]
This month, Saudi Arabia announced its fiscal 2013 budget, totaling $218.7 billion, including $76 billion in appropriations. Special attention was given to projects involving science and technology. Education appropriations increased 21% to $54.4 billion. Among the education projects will be 15 new colleges and three university hospitals. Health expenditures increased 16% to $26.7 billion, including […]
Company Announcements Picarro secured a $7 million round of Series D equity financing in July, led by Focus Ventures and joined by DAG Ventures, NTT Electronics and Mingxin China Growth Fund. In October, Ocean Optics named COO Richard Pollard president. Block Engineering named Griot Group as a US sales representative for the Pacific Northwest, the […]
As part of a survey of 195 senior executives not based in Russia examining perceptions of Russian companies, the Economist Intelligence Unit also asked about Russia’s economic potential. The Russian market is expected to total more than $2 trillion in 2012, making it among the world’s top 10. The GDP per person is $14,200, which […]
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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.
