Incubators are designed to maintain isolated space under specific environmental conditions for the growth of biological specimens. These instruments have a range of complexity, offering differing levels of control over a microenvironment. Carbon dioxide incubators are typically used in cell-culture applications where an environment that simulates physiological conditions is highly desirable. Studies have shown that […]
Third quarter reported and organic revenues for IBO’s Lab Equipment/Consumables Sales Index grew 4.5% to $4,060 million. Operating profits rose at a similar pace, advancing 4.5% to $729 million. Based on continuing operations, operating margin expanded 10 basis points to 16.4% of sales. Kewaunee Scientific’s fiscal second quarter 2015 sales ending October 31 climbed 15.9% […]
Company Announcements Sias announced in July that its cofounders and major shareholders, Clare Dench and Pius Fink, stepped down from management duties. The company also split its Commercial Operations division into a Customers and Markets division and a Development division. Andrew Alliance opened an office in Boston, Massachusetts, in August. Precision System Science (PSS) and […]
Company Announcements In August, Fluid Imaging Technologies announced a partnership with DKSH for Japan. In October, KRÜSS named DKSH as its exclusive distributor for Vietnam. In September, CANNON Instrument acquired substantially all of the assets and business operations of UK-based Ravenfield Designs, a manufacturer of rotational viscometers for the European oil industry. In October, LUM […]
Company Announcements Nabsys named Anthony Shuber as vice president and CSO in October. He was previously CTO and vice president of Ignyta. Under an October agreement with Illumina, HTG Molecular Diagnostics will have the right to develop IVD test kits that utilize Illumina sequencing technology. Sequenta and Illumina agreed in November to commercialize an IVD […]
Company Announcements In August, Antonarp raised $8 million in a Series A round for development of the Smart Spectrometer technology platform for gas-composition analysis instruments. Optek named AMS Instrumentation & Calibration as its exclusive distributor for Australia. Cambridge Sensotec, which provides gas analysis systems, acquired Dynascan, a supplier of leak-detection products, in August. In August, […]
The UK’s science and innovation strategy was released this month, reflecting the government’s long-term commitment to science despite challenging economic times. Included in the strategy are plans for funding for scientific infrastructure and research, and for spurring innovation. Capital funding for science will receive £5.9 billion ($9.3 billion) from fiscal 2016 through fiscal 2021, with […]
Gross expenditure on R&D (GERD) in South Africa rose 7.5% in fiscal 2013 to ZAR 23.9 billion ($2.2 billion). At 0.76%, GERD as a percentage of GDP did not change. Expenditures rose in all sectors, with business and higher education leading spending at ZAR 10.6 billion ($957 million) and ZAR 7.3 billion ($664 million), up […]
A survey of 186 EU-based companies, which together in 2013 invested €60 billion ($80 billion) in R&D, showed that the firms expect R&D investment to grow on average 4.2% annually from 2014 to 2016. The highest expected increases in spending are by aerospace and defense, health care equipment and services, and fixed-line telecommunication firms, with […]
As oil prices fall, mergers and acquisitions (M&A) in the industry are likely to increase, according to observers. M&A allows for cost cuts and access to new assets, particularly for large oil companies. The first half of 2015 is expected to be slow for oil company M&A as valuations remain uncertain. Nonetheless, two deals that […]
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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.
