A survey by the International Society of Pharmaceutical Engineering (ISPE) indicates among manufacturing quality systems, aseptic processing equipment and production systems are key issues in the recent rise in drug shortages. Designed to determine the quality and manufacturing issues related to drug shortages, the anonymous survey was conducted in February and March and consisted of […]
Brazil’s government plans to invest $2.85 billion into research on renewable power and biofuels in an effort to rely less on imported technology and to increase long term R&D. As part of the PAISS program and the new Inova Energia program, the Financiadora de Estubdos e Projectos (Finep) research agency and the Brazilian Development Bank […]
Revenues for the world’s 40 largest mining firms, measured by market capitalization, increased 3.0% last year to $731 billion. Production volumes rose 6%, but prices declined overall and operating costs grew faster than production. Emerging market companies represented 50% of the top 40 firms. Net profits for the top 40 fell 48.5% to $68 million. […]
This month’s Supreme Court decision that human genes cannot be patented is unlikely to affect pharmaceutical and GMO companies. The ruling held that isolated DNA cannot be patented because it occurs naturally, but that complementary DNA (cDNA), a synthetic form of DNA, can. One analysis estimates that patents on over 8,000 genes, less than 4,000 […]
First quarter Life Science Index sales grew 2.4%, 3.2% on a currency-neutral basis, to $3,235 million. Revenue growth for several companies was negatively impacted by lower research funding in the US and Europe. Operating profit contracted 2.8% to $649 million. Based on continued operations, operating margin fell 130 basis points to 20.8% of sales. Of […]
Allschwil, Switzerland 6/13—SOTAX, a provider of dissolution testing, automated sample preparation and physical testing equipment, has acquired Dr. Schleuniger Pharmatron. Financial details were not disclosed. Headquartered in Thun, Switzerland, Pharmatron engineers and manufactures equipment for the physical testing of pharmaceutical dosage forms. “The acquisition and integration of Dr. Schleuniger Pharmatron is a further step towards […]
Ringwood, Australia 5/22/13—Trajan Scientific and Medical has acquired SGE Analytical Science’s chromatography and liquid handling businesses from Dawes Holding for an undisclosed amount. The purchase includes SGE’s manufacturing operations in Ringwood, Australia, and subsidiaries in the US, Europe and Japan. “Trajan’s goal is to bring together a group of leading companies with a common focus […]
Carlsbad, CA 6/13/13—Life Technologies has acquired instrument distributor Life Science Korea (LSK) for an undisclosed amount. LSK has served as Life’s primary instrument distribution in South Korea since 1994 and holds distribution rights to Applied Biosystems products. “The acquisition of LSK is in line with our go-direct strategy in South Korea and builds on our […]
Madison, WI 6/4/13; Washington, DC 6/3/13—Cellular Dynamics filed a registration statement on June 3 with the SEC for an IPO of its common stock. The company sells true human cells and manufactures industrial quantities of multiple cell types, human iPS cells and custom products. The registration is pursuant to the provisions of the Jumpstart Our […]
Oberkochen, Germany and Pleasanton, CA 6/13/13—Zeiss has announced plans to acquire Xradia, a provider of 3D X-ray microscopes for industrial and academic research applications, for an undisclosed amount. “Based on our unique portfolio of light, electron and ion microscopes, we are now adding the capability of 3-D imaging within objects at unprecedented resolution using X-ray […]
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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.
