On April 17, the EPA released final standards for the reduction of air pollution from natural gas wells that use hydraulic fracturing, or “fracking.” Well operators have until January 2015 to employ techniques to trap natural gas that seeps from wells, so it can be used or sold. In 2009, about 1.1 million US wells […]
Worldwide clean energy spending grew 6.5% in 2011 to $263 billion. Lower clean energy technology prices and increased spending helped the total installed clean energy capacity grow 17.3% to 565 GW. The Group of Twenty (G-20) countries made up 95% of total clean energy spending. China’s investment in clean energy technology grew just 1.1% but […]
Domestic and foreign R&D spending by members of the Pharmaceutical Research and Manufacturers of America (PhRMA) declined 2.4% in 2011 to an estimated $49,476 million. Domestic spending fell 5.3%, but foreign R&D rose 9.2% to make up 78% and 22% of R&D spending, respectively. As a percentage of sales, total R&D was 16.7%. Sales by […]
In IBO’s first look this year at instrument and laboratory product firms’ patent infringement litigation, familiar names abound. New Litigation Last month, Illumina was named the defendant in a patent infringement suit brought in Delaware District Court. The initial complaint named only Columbia University as the plaintiff. An amended complaint filed in April listed Intelligent […]
Radnor, PA 4/27/12—VWR International has agreed to acquire basan Germany, a distributor of products and related services for clean rooms in Europe and Southeast Asia. Financial details were not disclosed. The company also distributes its own basan brand of consumables. “Basan’s well-established reputation in cleanroom products and services combined with their strong product and application […]
Lissieu, France 3/7/12—Life Technologies has acquired Laboratorie Service International (LSI), a manufacturer of animal-health diagnostics, for an undisclosed amount. “Combining the breadth of complementary solutions in our respective portfolios will benefit customers in Europe,” said Nir Nimrodi, vice president and general manager of Life Technologies Food Safety and Animal Health. “LSI offers first-class diagnostic products […]
Basel, Switzerland 4/28/12; San Diego, CA 4/28/12—Roche did not extend its unsolicited offer for Illumina stock after Illumina shareholders’ April 18 vote to re-elect Illumina’s Board nominees and reject Roche’s proposals (see IBO 4/15/12). “We continue to hold Illumina and its management in very high regard but, with access only to public information about Illumina’s […]
Washington, DC 4/10/12; Grand Rapids, MI 4/10/12—Danaher has definitively agreed to acquire color-measurement technology firm X-Rite for $5.55 per share in cash for a total of about $625 million, including the assumption of debt, net of cash. The price per share is 39% higher than X-Rite’s April 9 closing price of $4 per share. “We […]
The first of IBO’s biannual new laboratory roundup focuses on new pharmaceutical and consumer product labs, along with labs in Brazil. The table on page 6 showcases plans for new academic, chemical and nonprofit labs. New pharmaceutical labs have been announced in the US and Asia. Cambridge, Massachusetts, is a current hot spot for new […]
The 23rd Analytica exhibition and conference took place in Munich, Germany, from April 17 to 20. As usual, it was a roaring success. Although the attendance of 30,000 was down slightly from 32,061 in 2010, it was hard to tell, given the general enthusiasm throughout the exhibition’s five halls. The number of exhibitors was up […]
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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.
