Only 8 of China’s 74 largest cities met the country’s new air-quality standards last year, according to the Chinese Environment Ministry. The readings are based on measurements of particulate matter, nitrogen dioxide, carbon monoxide and ozone. In 2013, three cities met the standards. The greatest number of polluted cities was located in northeastern Hebei. Beijing […]
Although the Vietnamese pharmaceutical industry shows great potential for growth, it is still hampered by structural issues and the high price of generic drugs. Foreign drug makers produce most the generic drugs sold in the country. The industry is growing about 19% annually and consists of 171 companies, 28% of which are GMP certified. The […]
More biotechnology companies are going public in Europe. Last year, 15 firms went public on the continent’s 15 most important stock exchanges, up from 5 in 2013. These companies raised an average of €48 million ($64 million), a 303.4% increase from the average amount raised in 2013. In total, the new listings raised €719.8 million. […]
More than one hundred scientists have cosigned a letter to the journal Nature calling for standardization of antibodies used in research. The authors cited a study conducted in 2008 that found that only around half of six thousand commercial antibodies in common use bound solely to their intended targets. The authors stated that, worldwide, this […]
This month, President Obama unveiled his fiscal 2016 budget, requesting $146 billion in federal funding for R&D. This represents a nominal 6%, or $8 billion, increase over 2015 enacted levels, with inflation expected to rise 1.6%. Most agencies performing R&D would experience budget increases. Of the total, $76.9 billion and $68.8 billion would be for […]
The number of worldwide mergers and acquisitions (M&A) in the chemical industry grew 18.2% to 635 in 2014. The value of the transactions totaled $77.8 billion, an increase of 144.7%. Of the deals announced in 2014, 13 were greater than $1 billion in value, totaling $52 billion. At a value of $40.5 billion, up 181.3%, […]
With fewer than half the IBO Laboratory Instrument Index companies reporting quarterly results before this issue’s publication, IBO estimates fourth quarter 2014 sales for the Index improved roughly 5%–6% organically. Operating profit for the Index is expected to have advanced 8%. Operating profit margin is projected to have climbed roughly 250 basis points to more […]
Warminster, PA 1/16/15—SP Industries, a provider of lab equipment and products, and drug-manufacturing solutions, has acquired Stability Environments for an undisclosed amount. Stability provides walk-in environmental rooms, glassware dryers, chambers and accessory products. SP stated that the purchase is complementary to its concentrator, freeze-dryer and thermal-equipment product lines.
Royston, UK 1/16/15—Blacktrace Holdings has announced the purchase of Swedish firm ChemiSens for an undisclosed amount. ChemiSens provides reaction calorimeters, including the CPA200 Series. The ChemiSens products will be sold and supported by Blacktrace’s Syrris brand. Blacktrace stated that it plans to maintain ChemiSens’ current structure and to continue to work with ChemiSens partners.
Columbia, MD 2/5/15—W R Grace & Co. announced that it plans to separate into two publicly traded companies. Grace’s Discovery Sciences business will join “New Grace,” which is comprised of the Catalysts Technologies and Materials Technologies segments. Grace’s Construction Products and Darex packaging business will comprise “New GCP.” The separation is expected to be completed […]
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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.
