Statesville, NC 7/8/13—Kewaunee Scientific, a provider of laboratory, healthcare and technical furniture products, has acquired all of the outstanding minority shares of its Kewaunee Labway Asia subsidiary. Based in Singapore with a subsidiary in India, Kewaunee Labway Asia serves as the company’s international center for sales and installation and had fiscal 2013 sales of $17 […]
Madison, WI 7/10/13; Washington, DC 7/10/13—Cellular Dynamics International has announced that its IPO (see IBO 6/15/13) will consist of 3,846,000 million shares at a price of $12–$14 per share of common stock. At $13 per share, the IPO is expected to raise $51 million, including an underwriters’ option to buy 576,000 shares.
Paris, France 6/28/13—AREVA has announced that Astorg Partners will not acquire Canberra, its nuclear measurement business, as announced in April (see IBO 4/30/13). AREVA stated that Astorg Partners is unable to purchase Canberra due to a lack of suitable financing. AREVA is maintaining its Action 2016 plan to dispose €1.2 billion ($1.5 billion = €0.78 […]
Tokyo, Japan 7/8/13; Cambridge, UK 7/8/13—Hitachi High-Technologies and Base4 Innovation have announced a collaborative technology development agreement to develop a long read length, single molecule, nanopore-based DNA sequencer. Base4’s nanopore sequencing method increases the signal of unlabeled DNA passing through a nanopore by using laser light-enhanced gold structures. “For this nanopore sequencing system, Hitachi High-Tech […]
Framingham, MA 7/10/13—AB SCIEX has taken over Beckman Coulter Life Sciences’ capillary electrophoresis (CE) business. Both companies are owned by Danaher. AB SCIEX’s Eksigent separations business, which provides LC systems, will manage the CE business. The transition includes personnel, technology and resources. “By integrating the Beckman Coulter CE team into the SCIEX separations business, we […]
Radnor, PA 7/2/13—VWR has acquired United Biochemicals, a manufacturer and supplier of high purity buffers and biochemicals for R&D and manufacturing processes to biotechnology, pharmaceutical, cell culture media and medical diagnostics industries. Financial details were not provided. “United Biochemicals’ manufacturing expertise, combined with VWR’s existing platform of chemical manufacturing assets, enhances our current offering to […]
In 2012, R&D spending in US dollars for 21 major publicly held analytical instrument and lab product companies (see table, page 6) increased 6.0% but maintained pace with sales, which grew 6.6%. Given the slower top-line growth compared with 2011 and concerns over research-related spending, R&D initiatives were focused on higher growth biopharmaceutical, clinical and […]
Economic growth in emerging markets in Eastern Europe and Southeast Asia is increasingly luring analytical instrument firms to establish a deeper presence in such markets. Companies are starting to sell directly in these markets to increase contact with a growing customer base. In doing so, they strengthen their applications development and marketing efforts. Pharmaceutical testing […]
The promise of MS revolutionizing the clinical diagnostics market has been discussed for years, but MS has only experienced limited commercial success in the market. MALDI-TOF is one of several MS techniques that is now making inroads into clinical diagnostics labs but is far from achieving its potential in the area. While technological hurdles are […]
To address scientific, technological, organizational and funding challenges facing core labs in Europe, core facilities at six European research institutes announced in May the formation of the Core for Life alliance. Core laboratories support the research of an institute’s scientists by providing testing services and access to advanced analytical instruments and other laboratory equipment. Current […]
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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.
