New regulations adopted in January 2011 allowing shareholders an advisory vote to approve executive compensation had little impact on total disbursement last fiscal year for the top executives at the companies in the IBO Stock Indexes (see IBO 4/30/12). In fiscal 2011, total average compensation for the 40 company presidents and CEOs at the 37 […]
Company Announcements Alpha MOS acquired Swiss firm Smart Nose, which makes an MS-based electronic nose, in January, following its liquidation, for CHF 40,000 ($43,000). Alpha MOS stated that the acquisition expands its intellectual property and its consumables offerings. In March, Prosolia exclusively licensed from the Estate of Professor John B. Fenn sample introduction and ionization […]
Clinical analysis has become a major segment of the tandem quadrupole LC/MS, as known as triple quadrupole LC/MS, market. While the majority of demand is from clinical research applications, tandem quadrupole LC/MS for clinical diagnostic use is beginning to overcome some of the barriers to widespread adoption. Clinical research applications are defined as those tests […]
Company Announcements Alpha MOS’s fiscal 2011 sales for the year ending September 30, 2011, increased 22.3% to €9.9 million ($13.8 million). System sales increased 37.2%. The food and beverage sector represented 65% of revenues. Sales in the Americas grew 34%, and sales in Asia, outside of Japan, rose 27%. Japan accounted for 36% of revenues. […]
Company Announcements Thermo Fisher Scientific appointed C. Martin Harris, MD, MBA, to its Board, effective March 30. He is the chief information officer and chairman of the information technology division of Cleveland Clinic. He is also responsible for strategic business planning. Thermo Fisher Scientific named David M. Sabatini, MD, PhD, to its Scientific Advisory Board […]
Company Announcements Pioneer Hi-Bred, a DuPont business, and OligoCo (formerly Blue Heron Biotechnology) entered into a collaboration in January to develop a next-generation oligonucleotide synthesizer that provides high throughput and low error rates at a low cost. Oxford Nanopore announced in February that it will commercialize its GridION and MinION scalable, nanopore-based DNA sequencers this […]
First-quarter revenue growth for IBO’s Laboratory Instrument Sales Index slowed to 2.4%, 2.6% excluding currency, to $5,784 million. Operating profit climbed 8.4% to $1,251 million, and operating margin fell 90 basis points to 18.3% of sales. Financial estimates are included for Oxford Instruments, Spectris and Tecan, which have not yet reported first-quarter financial data. QIAGEN […]
Vleuten, the Netherlands/Haan, Germany 5/2/12—The Verder Group acquired elemental analyzer supplier ELTRA GmbH in March for an undisclosed amount. ELTRA had revenues of €11 million ($15.3 million = €0.72 = $1) in 2011. “We are particularly happy that the founder and Managing Director of ELTRA, Mr. Yiannakis Polemitis, will stay in the management in the […]
Lake Forest, IL 4/30/12—Health and science technologies company IDEX has acquired ERC from MH Capital Partners for ¥1.65 billion ($21 million = ¥80.23 = $1) in cash. ERC manufactures gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets, including in-line membrane vacuum-degassing solutions, refractive index detectors and ozone-generation […]
Waltham, MA 5/1/12; New York, NY 5/1/12—Thermo Fisher Scientific has acquired Doe & Ingalls Management for $175 million from Pouschine Cook, Anchor Capital Partners and management. Doe & Ingalls Management provides specialty production chemicals and customized supply chain services to the life sciences and microelectronics industries, including services for the management of risk, quality and […]
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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.
