US equity markets vacillated for most of February. However, rising confidence over sustained quantitative easing measures for the foreseeable future overshadowed most of the sequestration concerns. In addition, better-than-expected consumer confidence, an improved housing market and positive manufacturing momentum helped drive the Dow Jones Industrial Average and S&P 500 up 1.4% and 1.1% for the […]
At the far end of the IR spectrum lies a previously little-used segment of the electromagnetic spectrum known as the terahertz region. The use of the terahertz region for spectroscopy offers advantages but faced technological limitations until recently. Numerous vendors have entered the market in the past several years. An incredibly diverse range of potential […]
Company Announcements WHEATON named Wayne Brinster president in October 2012, succeeding Stephen R. Drozdow, who remains CEO. Previously, Mr. Brinster was vice president and general manager of Synthon Pharmaceuticals. Kuhner Shaker opened a US office and warehouse in San Carlos, California, in November 2012. Azbil Group acquired a 80% stake in Telstar in November 2012, […]
Company Announcements Genalyte is marketing Scienion’s sciFLEXARRAYER liquid dispensers with its Maverick Detection System. Agilent licensed its SureFISH probes for use with BioDiscovery’s Nexus software for cytogenetic microarrays. Tecan and JPT Peptide Technologies are collaborating to co-promote JPT’s peptide arrays and profiling capabilities with Tecan’s microarray handling devices. Arrayjet opened an office in Cambridge, Massachusetts, […]
Company Announcements Yokogawa Electric expanded its distribution agreement for SICK process analytical instrumentation, making them available worldwide. ABB announced it is working with system integrator Zenith Technology to develop and implement automation solutions for life science customers in China and India. Hamilton announced in October 2012 the addition of Memosens sensors to its product offerings. […]
La Jolla, CA and Coralville, IA 2/27/13—Synthetic Genomics (SGI) has announced the formal launch of SGI-DNA for the development, manufacture and commercialization of its synthetic DNA technology. Synthetic Genomics and Integrated DNA Technologies (IDT) have also expanded their collaboration (see IBO 3/31/12) to include the manufacture and co-branding of cloned synthetic DNA constructs up to […]
Bologna, Italy 2/26/13; Sanford, ME 2/26/13—Filtration products manufacturer GVS has acquired a majority equity interest in Maine Manufacturing. The invested capital was used to support Maine Manufacturing’s recent acquisitions of selected GE Osmonics products (see IBO 12/15/12) and life science product lines from GE Healthcare (see IBO 1/15/13). “This alliance will allow Maine Manufacturing to […]
Novato, CA 2/21/13—BioSearch Technologies, a supplier of oligonucleotide-based tools for research and diagnostics, has acquired Danish firm DNA Technology‘s oligonucleotide manufacturing division and German company VitraBio for undisclosed amounts. DNA Technology specializes in the production of modified oligonucleotides. VitraBio manufactures controlled-pore glass (CPG), a DNA/RNA synthesis support material, and worked with BioSearch Technologies prior to […]
New York, NY 2/20/13—Reuters reported that the potential buyout of Life Technologies is now less likely given the company’s current valuation. According to a person familiar with the matter, Thermo Fisher Scientific is doubtful about the purchase and is no longer pursuing it due to the rise in Life Technologies’ stock price to above $60 […]
2/21/13 Hong Kong; 2/27/13 Hong Kong; 2/25/13 Livingston, UK—Techcomp Europe has acquired Edinburgh Instruments (EI) for approximately $5.0 million. EI supplies lifetime fluorescence spectrometers, lasers and gas sensors to research and industrial markets. The 65-person company’s net profits after taxes for fiscal 2012 ending March 31, 2012 totaled £438,000 ($695,238 = £0.63 = $1). “We […]
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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.
