Biosensors have been used for many years to identify a wide array of analytes, but instrument size has long impeded their portability. However, over the past decade, many research groups have invested a great deal of resources into miniaturizing the technology. The resulting products have recently become available on the market, targeting applications such as […]
Company Announcements In the fourth quarter of 2013, PerkinElmer acquired Google Ventures–backed Wingu, a developer of a cloud-based platform for research collaboration. Cambridge Semantics integrated ChemAxon’s search and visualization capabilities into its Anzo software. IDBS and Osthus, a global systems integrator, announced a strategic partnership, which includes development of new integration modules for additional services, […]
Company Announcements In January, Bruker named Andy Boorn as president of its CAM division. Mr. Boorn previously served as president of AB SCIEX. Bruker also announced plans to narrow CAM’s strategic focus. In February, the company merged the commercial management organizations of its CAM and LSC divisions. In February, Avacta named Michael Albin, PhD, to […]
Company Announcements Under a February partnership agreement, N-of-One and Appistry will jointly market and sell N-of-One’s interpretation services and content together with Appistry’s bioinformatics next-generation sequencing (NGS) analysis solutions and services. Sweden’s Science for Life Laboratory joined the Illumina Genome Network (IGN) in February, making it the 13th IGN partner and first IGN partner in […]
First quarter revenue growth for IBO’s Laboratory Instrument Sales Index jumped 7.3%, 6.8% excluding currency, to $6,308 million. Adjusted operating profit advanced 13.5% to $1,376 million, and operating margin expanded 20 basis points to 18.3% of sales. Financial estimates are included for Oxford Instruments, Spectris and Tecan, which have yet to report first quarter financial […]
Greenford, UK 4/28/14; Greenford, UK 5/14/14—Ultra Electronics, a defense, security, transport and energy company, has acquired Forensic Technology WAI for an initial cash consideration of CAD $94 million ($85 million = CAD 1.10 = $1). Headquartered in Montreal, Canada, with 253 employees, Forensic Technology provides automated firearm-ballistics identification and forensics-analysis systems to law enforcement agencies. […]
Cambridge, UK and Cambridge, MA 5/15/14; Cambridge, MA 5/15/14—Gene-editing technology firm Horizon Discovery has acquired the CombinatoRX services business and related assets from biopharmaceutical company Zalicus for £4.74 million ($8 million = £0.59 = $1). The business consists of the cHTS (combination high-throughput screening) platform and Chalice software for the screening and analysis of thousands […]
Santa Clara, CA 5/1/14; Washington, DC 5/1/14—ProteinSimple, a provider of systems and consumables for protein analysis, has announced the filing of a registration statement with the SEC for an IPO. The company’s common stock will be listed on the NASDAQ Global Stock Market under the symbol “PRTN.” The number of shares to be offered and […]
Mixed financial results influenced compensation in fiscal 2013 (FY13) as just over half of the top executives in IBO’s Stock Indexes recorded higher pay, according to IBO’s latest review of US instrument and lab product companies’ executive compensation. For the 34 CEOs and/or presidents from the 32 companies in the Indexes who have served in […]
According to the latest IBO Business Climate Survey, optimism among executives at analytical instrument and lab product companies and associated suppliers is on the upswing. Seventy-three percent of executives surveyed expect sales for the industry as a whole to increase moderately in the second and third quarters (see graph, page 4). This is a notable […]
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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.
