The Dow Jones Industrial Average and S&P traded at record levels in November, crossing the 16,000 and 1,800 point levels, respectively, for the first time. US equity markets continued to be fueled by loose Federal Reserve monetary policies, but were also heightened by modest economic advances, including improving manufacturing and consumer spending data, as well […]
Despite continuing weakness in many government and industrial markets, major US publicly held analytical instrument and lab product firms generated revenue growth in the calendar year third quarter, as demand from China and applied markets remained strong. In addition, select life science markets, such as those related to sequencing, were healthy. Businesses reported little overall […]
R&D spending by two thousand of the world’s largest companies grew 6.2% in fiscal 2012 to more than €538.8 billion ($690.8 billion = €0.78 = $1), with 70% of the companies increasing R&D expenditures, according to the recently published The 2012 EU Industrial R&D Investment Scoreboard. This compares to 6.2% growth for these companies in […]
In the 19th century, physicists discovered an unusual electrical phenomenon when ultraviolet light was shone upon metals. One of the mysterious aspects of this “photoelectric effect” was ultimately explained by Albert Einstein, and it was for this work that he received his Nobel Prize. He proposed that light was composed of quanta that carry energy […]
Company Announcements In July, Fluidigm and Olink Bioscience announced they will comarket their respective BioMark HD System and Proseek Multiplex technology to enable the interrogation of 96 samples across 92 proteins in a single run from 1 µL of sample in less than a day. Source BioScience acquired publicly held Vindon Healthcare, a manufacturer of […]
Company Announcements In September, Thermo Fisher Scientific entered into a value added reseller agreement for IonSense’s ID-CUBE ion sources, which will be sold with the Thermo Scientific Q-Exactive and Exactive Plus LC/MS systems. In September, 908 Devices received $7 million in Series B funding, which included a new investment from Schlumberger. 908 Devices and Schlumberger […]
Company Announcements In October, MTS Systems named Dr. Arthur R. Baker senior vice president and chief technology officer. He was previously general manager of the Test Division. CSC Scientific added the Fungilab Master Series Rotational Viscometer to its product line. Beckman Coulter Life Science announced in October the combination of its Particle Characterization business with […]
Draft rules have been released for regulating phyto –pharmaceuticals or plant-based drugs in India. The rules will update the country’s Drugs & Cosmetics Rules. They will cover processed and unprocessed materials from plants, as well as plant extracts in a dosage form that are designed for consumption by humans or animals. However, the regulations will […]
Turkey’s gross expenditure on R&D increased 17.1% in 2012 to TRY 13,062 million ($7,249 million) at current prices. Current costs accounted for 87% of expenditures, and capital costs made up 13%. The business sector performed 45% of R&D and funded 47%. The manufacturing sector accounted for the largest percentage of R&D expenditures by business at […]
Mexico’s new president, Enrique Peña, who was elected last year, has pledged to expand the country’s investment in science. This month, the government voted to increase its science budget by 12% to $6.3 billion. The budget for the National Council for Science and Technology (CONACYT) will increase 20%. In addition, CONACYT aims to establish 500 […]
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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.
