Starting this year, the US Centers for Medicare and Medicaid Services (CMS) has instituted a new system for Common Procedural Terminology codes, which are used to bill Medicare for molecular diagnostics tests. Test 1 tests include most of the tests already in use. Tier 2 consists of low-volume, esoteric test divided among nine levels. Pricing […]
Global investments in clean energy declined 11% last year to $268.7 billion. Countries where investments showed the fastest growth included China, the largest investor, where they increased 20% to $67.7 billion; and Japan, where they jumped 75% to $16.3 billion (excluding R&D). US, German and Brazilian investments plunged 32%, 27% and 32% to $44.2 billion, […]
Drug approvals by the US FDA’s Center for Drug Evaluation and Research reached a 15-year high last year, growing 33% to 39 new drugs, and consisting of 33 new molecular entities, up from 24 in 2011, and 6 new biological entities, the same as a year ago. Twenty of the drugs were first in-class agents. […]
In the fiscal year ending September 30, 2011 (FY11), science and engineering (S&E) research space at US universities performing research increased 3.5% to 202.9 million net assignable square feet (NASF), compared with 2009. This is slower growth than the 4.4% increase recorded between FY07 and FY09, but an increase from the 1.5% growth from FY05 […]
Eleven of the 18 companies in the IBO Laboratory Instrument Sales Index reported fourth-quarter 2012 results before this issue’s publication. Including estimates for firms yet to report, fourth-quarter 2012 revenue for the Index improved 2.9%, or 3.8% excluding currency. Operating profit for the Index edged 0.4% higher. Based on continuing operations, operating margin slipped 70 […]
Teddington, UK 12/12/12—LGC Standards has acquired Bio Senate, a UK-based supplier of microbiology proficiency testing and reference materials, for an undisclosed amount. Bio Senate provides microbiology proficiency testing schemes focused on the food, water and pharmaceutical markets, as well as reference materials, sterile matrix material and quality control strains. “We are delighted to have completed […]
Helsinki, Finland 1/23/13—Gasmet Technologies has acquired Ansyco effective January 8. Based in Germany with 18 employees, Ansyco has distributed Gasmet products since 1994. Gasmet stated that the purpose of the acquisition was to secure Ansyco’s customer base and reinforce its position in Central Europe.
Montgomeryville, PA 1/4/13—Microtrac, a Nikkiso subsidiary and provider of particle characterization techniques, has acquired Norwegian firm AnaTec. AnaTec supplies dynamic image analysis instruments and software. “Having the ability to market instruments that provide 3D image analysis and online capabilities represents a distinct opportunity that no other particle analysis company in the market can offer,” stated […]
New York, NY 2/11/13—Illumina and its Board members are named as defendants in a lawsuit brought by Vista Capital Management, a Swiss private equity fund. Vista Capital Management owns more than 300,000 shares of Illumina’s publicly traded common stock. According to the complaint filed in US District Court for the Southern District of New York, […]
Hillerød, Denmark; Herisau, Switzerland 2/8/13—FOSS has announced a strategic alliance with Metrohm for the exclusive distribution of its NIR instruments for the chemical, petrochemical, pharmaceutical and environmental markets. US-based FOSS NIRSystems will become a division of Metrohm USA and be renamed Metrohm NIRSystems. “The strategic alliance allows FOSS to focus its NIR business on the […]
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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.
