Oncology is a dynamic and diverse market. In 2017, oncology is estimated to lead all therapeutic areas in medicine spending (excluding supportive care) by developed nations, with revenues of $74–$84 billion. In pharmerging nations, it will to be the fourth-largest area, with $17–$20 billion in revenues. In 2013, global sales of oncology drugs totaled $37.2 […]
Major US equity indexes advanced in June despite weak economic data and mounting geopolitical tension in the Middle East and Ukraine. Within the US, retail sales missed expectations, job growth remained lackluster and first quarter GDP contraction was revised from 1.0% to 2.9%, as a result of extreme weather conditions. In addition, the International Monetary […]
For the second year in a row (see IBO 6/15/13), IBO has selected another addition to Thermo Fisher Scientifc’s Orbitrap MS family, the Q Exactive HF Benchtop Orbitrap MS, as the product of the show. The Q Exactive features resolving power of 240,000 (200 m/z, 1.5 Hz), increased scan speed of up to 18 Hz […]
AB SCIEX introduced the Triple Quad 3500 MS, a lower-tier triple-quadrupole LC/MS system, which replaces the API 3200. The system features improvements in scan speed, polarity switching and sensitivity over its predecessor. Designed for routine food- and environmental-testing labs, the system employs the TurboV ion source for reliable quantitation over a wide range of flow […]
New York, NY 6/23/14—Enzo Biochem’s Enzo Life Sciences subsidiary has entered into a settlement agreement with PerkinElmer Health Sciences in a case before the US District Court, Southern District of New York. Under the agreement, PerkinElmer agreed to pay Enzo $7 million in escrow.
Hilden, Germany and Germantown, MD 5/30/14—QIAGEN disclosed as part of an announcement of a codevelopment deal with Eli Lilly and Company for companion diagnostics, that it has acquired PrimeraDx. All PrimeraDx employees have joined QIAGEN. PrimeraDx’s multimodal, multianalyte platform enables the simultaneous single-assay analysis of dozens of DNA and RNA biomarkers, their copy numbers, expression […]
Surrey, UK 6/18/14—Spectris has acquired Canadian company La Corporation Scientifique Claisse, a provider of sample preparation consumables and instruments for atomic spectroscopy analysis, for an undisclosed amount. Claisse had annual revenues ending March 2014 of CAD 13 million ($12 million = CAD 1.05 = $1). Claisse will become part of Spectris’s PANalytical business, which makes […]
Pleasanton, CA 6/26/14—Roche has made a strategic investment in Stratos Genomics and will collaborate with the company on research related to Stratos’s chemistry for single-molecule sequencing of DNA fragments using protein nanopores. The companies will work to develop efficient, low-cost sample preparation methods for DNA Xpandomers, a larger surrogate molecule, and to improve sequencing performance. […]
Minneapolis, MN 6/17/14—Techne (doing business as Bio-Techne), a provider of bioactive tools and resources for research and clinical diagnostics, has agreed to acquire ProteinSimple for $300 million in cash. ProteinSimple develops and commercializes systems and consumables for protein analysis, including products for automated Western blotting. For the 12 months ending May 31, ProteinSimple revenues grew […]
Washington, DC 6/24/14—VWR, an independent provider of laboratory products, services and solutions, has filed for a public offering of its stock on a US stock exchange (see IBO 5/31/14). Proceeds from the offering will be used to pay down company debt, which totaled $2.8 billion as of March 31. In 2013, revenues grew 1.4% to […]
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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.
