Over the last several years, after the fall of iron ore and coal prices, mining companies have reduced spending on projects and exploration. Some major firms have cut capital spending by more than half. Now some investors are pushing companies to seek growth opportunities, believing that the current strategy leads to missed opportunities. One type […]
The American Society of Clinical Oncology (ASCO) last month released its policy statement on genetic and genomic testing for cancer susceptibility, updated in light of advances in NGS. The statement made recommendations in several areas. For example, ASCO encouraged providers to create and institute plans to determine and respond to patients’ preferences for receiving information […]
Clinical and Agbio Markets Boost Affymetrix Q2 Sales Affymetrix second quarter sales grew 4.1%, 7.9% excluding currency, to $89.0 million. Organic growth was driven by agbio and clinical sales, which climbed 24% and roughly 20%, respectively. Overall, consumables and instrument sales grew 4.8% and 16.8%, to account for 86% and 4% of revenues, respectively. Service […]
Newark, DE 8/27/15—Analtech/iChromatography has been acquired by General Manager Steven C. Miles from the estates of Matt Lamkin and Kenneth Rainin, the company’s owners. Analtech manufactures TLC plates, and supplies HPLC columns, SPE columns and semiautomated sample application equipment. Discussing changes to the company’s product lines, Mr. Miles, who has been general manager since 2006, […]
Providence, RI 9/13/15; Providence, RI 9/15/15—Golocalprov.com reported on September 13 that Nabsys, a developer of DNA sequencing technology based on semiconductor technology, had closed. The website reported that, according to witnesses, the firm’s offices had been closed for over a week. The Providence Journal reported on September 15 that stockholder and former employee John Thompson, […]
Begbroke, UK 9/3/15; Nottingham, UK 9/3/15; Oxford, UK 9/10/15—Genetics research solutions firm Oxford Gene Technology (OGT) has sold its NGS services business to Source BioScience, a provider of lab services and products, for an undisclosed amount. As part of the agreement, OGT has licensed its analysis software to Source. “OGT’s genomics products portfolio has been […]
Lake Forest, IL 8/3/15; Vernon Hills, IL 8/18/15—IDEX Health and Science, part of fluid and metering technologies firm IDEX, has sold its Ismatic product line to lab product company Cole-Parmer for $28 million. Part of IDEX’s Scientific Fluidics Platform, the Ismatic business recorded 2014 revenues of $13 million. The independent channel control peristaltic pumps are […]
Omaha, NB 9/9/15; Los Angeles, CA 9/10/15—Transgenomic, a publicly held provider of diagnostics technologies, has sold its IC product line, including columns and resins, and related assets to EdgeBio for $2.1 million in cash. EdgeBio, which is owned by investment firm StoneCalibre, manufactures and distributes sample preparation and clean-up products for NGS. The IC business […]
Brookfield, CT 9/1/15; Boston, MA 8/31/15—Unity Scientific has been purchased by private equity firm Union Park Capital from majority owner Joseph Platano. Unity manufactures NIR, automated wet chemistry and sample preparation instruments for in-line, online and benchtop applications in applied markets, including food and dairy, agriculture and environmental. The acquisition is the first for Union […]
Aubagne, France; Goettingen, Germany; and Chalfont St. Giles, UK 9/1/15—Under an OEM supplier agreement, Sartorius Stedim Biotech (SSB) has agreed to supply GE Healthcare Life Sciences with its Sartobind adsorber purification technology. Sartorius will manufacture the technology for GE, which will market it as ReadyToProcess Adsorber. The membrane adsorber ion exchange technology is used 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.
