Company Announcements DeNovix announced an exclusive distribution agreement with Uniscience do Brasil for Brazil. Alliance Global signed an exclusive master distribution agreement with Trinean for emerging markets in the Middle East, Africa and Asia. In February, B&W Tek signed a distribution agreement with VWR for the distribution of its Raman products in the US and […]
Company Announcements Calbiotech, a provider of immunoassays, acquired Moduline Systems, a microplate-dispensing and vial-filling equipment manufacturer, in December 2013. The companies were previously partners. In January, TTP Labtech acquired AssayMetrics’ propelled fluorescence-lifetime technology (FLT) assets. The acquisition enhances the use of TTP’s ameon FLT plate reader. In March, Brooks Automation announced a $4 million equity […]
Company Announcements Exiqon’s 2013 revenues grew 5.3% to DKK 123.6 million ($22.0 million) (see page 12). Life Sciences product sales rose 13.6% to 78% of total sales. Fourth quarter 2013 sales were negatively affected by supplier problems. For the first three quarters, North American sales increased 14.0% to DKK 34.3 million ($6.1 million). The company […]
Annual growth of India’s pharmaceutical exports will be less than previously expected as a result of actions by the US FDA. Exports in 2013 totaled $14.6 billion and were expected to continue their trajectory of 10% growth. However, growth for the 10 months ending in January was about 3%, with revenue reported at $12.4 billion […]
The Chinese Ministry of Environmental Protection and the Ministry of Land and Resources released the results of a survey of land across the country, covering approximately 630 km2. Conducted from April 2005 to December 2013, the survey showed 16% of China’s soil is polluted. The soil is considered slightly polluted in 11% of the country, […]
The recent and upcoming expiration of patents on several blockbuster drugs and resulting loss of revenue will require pharmaceutical companies to search for new means to grow revenues. Megamergers, which were common in the past, will still occur. However, recent acquisitions by many pharmaceutical firms show a move instead to specialize in specific markets. For […]
Earlier this month, the World Steel Association released its “Short Range Outlook” for apparent steel use (ASU) for 2014 and 2015. In 2013, ASU reached 1,481 megatons, an increase of 3.6%. ASU is forecast to grow 3.1% in 2014 and 3.3% in 2015. In 2013, developing economies’ ASU was almost triple that of developed economies, […]
New York, NY 4/23/14; New York, NY 4/24/24—Enzo Biochem has announced a settlement agreement with Affymetrix in two separate 2003 cases brought by the companies against each other. Under the settlement agreement, Affymetrix will pay Enzo $5.21 million. Enzo sued Affymetrix, alleging breach of a 1998 agreement (that was terminated in 2003) under which the […]
Spokane, WA 4/30/14—The Spokesman-Review has reported that PerkinElmer will close its Signature Genomics business later this year. Signature provides microarray-based prenatal and other genetics testing services. PerkinElmer told the Spokesman-Review, “Changing market conditions, including a highly unfavorable reimbursement environment, combined with a significant decline in demand for invasive procedures due to the uptake of non-invasive […]
Loveland, CO 4/2/14—Hach, a Danaher company and provider of analytical instruments and reagents for water quality analysis, has acquired BioTector Analytical Systems for an undisclosed amount. Based in Ireland, BioTector designs and manufactures online liquid analyzers, including systems for online TOC analysis. BioTector has more than 1,500 installations. Hach has distributed BioTector products since 2010.
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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.
