Almost always, an analytical technology can meet the needs of different end-user markets. However, the successful transition of a technology from one market, in which it may be well established, to an entirely new and different market is often a precise and dedicated process. In this article, IBO examines three research technologies that have made […]
Third quarter sales for the Life Science Index grew 3.2%, 5.5% excluding currency, to $3,366 million. Operating profit improved 2.7% to $675 million. Based on continuing operations, operating margin slipped 20 basis points to 21.3% of sales. Fiscal fourth quarter revenue for Becton Dickinson’s BD Biosciences segment advanced 10.0%, 11.6% excluding currency, to $300 million […]
Bonaduz, Switzerland 12/9/13—Hamilton has announced the acquisition of the Biotech sensors business of Fogale Nanotech for an undisclosed amount. The Biotech business provides biomass sensors that use the dielectric properties of living cells. The sensors are used for online monitoring for bioprocess optimization and control. “Fogale’s biomass sensors are the ideal addition to our product […]
Holliston, MA 12/4/13—Scientific instrument and apparatus company Harvard Bioscience will trim its workforce by 13% as part of a realignment of global operations. The reductions will eliminate certain operational redundancies and create a leaner, more nimble organization, according to the company. Beginning in 2014, the company expects to record annual savings of around $2 million […]
San Diego, CA 12/9/13—Accelrys, a provider of scientific innovation lifecycle management (SILM) solutions, has acquired QUMAS for $50 million in cash. QUMAS is a supplier of compliance software supporting regulatory and quality operations in life sciences and other highly regulated industries. QUMAS offers an electronic document management application with related R&D submission and quality analysis […]
Toulouse, France 12/10/13—Alpha MOS has confirmed to IBO that the company has filed for Chapter 11 protection in France. Describing the company’s plans following a court hearing, Alpha MOS President Jean Christophe Mifsud told IBO, “We have six months probation during which we are going to continue our focus on food safety and food quality, […]
Reinach, Switzerland 12/3/13—Industrial measurement and automation equipment company Endress+Hauser has completed its cash offer of €13.75 ($18.75 = €0.74 = $1) per share to the shareholders of scientific instrument firm Analytik Jena (see IBO 9/30/13, 11/15/13), gaining an additional 1% stake in the company. Endress+Hauser now controls 76% of voting rights. “This position allows us […]
London, UK 11/27/13; London, UK 12/2/13; London, UK 12/9/13; London, UK 12/10/13—Andor Technology, a provider of scientific digital cameras, has agreed to high technology tools and systems company Oxford Instrument’s takeover offer of 525 pence ($8.33 = £0.63 = $) per share, or approximately £176 million ($279 million) (see IBO 11/15/13). On December 6, Oxford […]
R&D spending by US universities declined 3.3% in fiscal year 2012 (FY12) in constant 2005 dollars to $34.6 billion—the first decline in 38 years. Adjusted for inflation, federal government academic R&D spending fell 1.6% to $40,130 million. However, excluding the federal government, R&D spending by US universities rose 4.7% to $25,644 million adjusted for inflation. […]
Company Announcements Hitachi High-Technologies’ fiscal second quarter 2014 Science and Medical Systems (SMS) sales grew 7.5% to ¥37.1 billion ($375.2 million = ¥98.89= $1) due to the acquisition of SII NanoTechnology (see IBO 12/15/12) and currency. Sales of Electron Microscopes and Other Scientific Instruments climbed 8.3% and 47.7% to account for 21% and 18% of […]
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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.
