Austin, Texas 10/15/14—Luminex has announced the retirement of President and CEO Patrick J. Balthrop. The company named Nachum “Homi” Shamir as the new president and CEO. Most recently, he served as president and CEO of Given Imaging. “Mr. Shamir brings a proven track record of global leadership and results,” stated Board Chairman Wally Loewenbaum. Mr. […]
Radnor, PA 10/1/14; New York, NY 10/2/14; Washington, DC 10/3/14—On October 2, laboratory-product provider VWR began publicly trading its stock on the NASDAQ (see IBO 9/30/14) at a price of $21 per share, raising $536 million. The company also granted the underwriters a 30-day option to purchase 3.8 million shares. Proceeds from the offering are […]
The optimism that instrument and lab-product makers showed in the spring for the industry’s outlook has dimmed but is still bright. In the latest IBO Business Climate Survey, 60% of respondents expect business prospects for the next six months to increase moderately, compared with 73% in the spring Survey (see IBO 5/15/14). However, this percentage […]
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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.
