The Centers for Medicare and Medicaid Services (CMS) has proposed a rule to implement the means to determine the rates paid for lab tests (see IBO 4/15/14). The CMS would require “applicable” labs—those with Clinical Laboratory Improvement Amendments certificates receiving more than half of their Medicare revenue from the clinical laboratory fee schedule (CLFS) or […]
This month, the National Academies of Sciences, Engineering and Medicine issued its report, “Support for Forensic Science Research: Improving the Scientific Role of the National Institute of Justice.” The document made recommendations for strengthening the National Institute of Justice (NIJ) in its capacity as the supporting body for forensic research in the US. This article […]
Abcam Gains on Asia Expansion Fiscal 2015 sales for Abcam ending June 30 grew 12.6%, 14.2% excluding currency, to £144.0 million ($225.1 million = £0.64 = $1). Product revenue climbed 16.6% to account for 94% of sales. This growth was driven by new products, direct sales initiatives, geographic expansion in China and the acquisition of […]
Santa Clara, CA and Austin, TX 10/15/15—Affymetrix’s eBioscience business unit has announced a distribution agreement for Luminex’s MAGPIX, Luminex 200 and FLEXMAP 3D platforms in the US, Canada, Mexico, Brazil, China, the Netherlands, Germany, France, the UK, Switzerland, Austria, Belgium, Ireland, Luxembourg and Poland. EBioscience’s ProcartaPlex multiplex immunoassays and QuantiGene Plex multiplexed quantitative gene expression […]
Radnor, PA 10/7/15—Lab product, service and solutions provider VWR has acquired Purification Technologies (PTI) for an undisclosed amount. PTI is a specialty solvent company focused on high-volume purification of selected high-purity solvents. “Our customers in the chromatography, biochemical and agrochemical industries will benefit through VWR’s ability to supply high-purity acetonitrile and other solvents in both […]
Billerica, MA 10/6/15; Washington, DC 10/6/15—Bruker has agreed to acquire Israeli firm Jordan Valley Semiconductors, a provider of in-line X-ray metrology products for nanotechnology research and semiconductor production. The purchase price is a maximum of $53 million, including $30 million in cash, according to a SEC filing by Elron Electronic Industries, which holds a 19% […]
Darmstadt, Germany 10/13/15; Darmstadt, Germany 10/14/15—Merck KGaA, which owns Merck Millipore, has named Stefan Oschmann as CEO and chairman of the Executive Board. He succeeds Karl-Ludwig Kley, who has been CEO since 2007. Since January, Mr. Oschmann has served as deputy chairman of the Executive Board and deputy CEO, responsible for strategy and innovation. “We’re […]
San Diego, CA 10/5/15—Illumina has announced third quarter sales of $550 million, 3% lower than expected, due to softer demand for desktop sequencers, and weaker sales in Europe and Asia Pacific. As a result, the company revised its full-year sales guidance downward from 20% growth to 18% growth, or a 21% increase in constant currency. […]
The 65th annual meeting of the American Society of Human Genomics (ASHG) was held October 6–10 in Baltimore, Maryland. The event attracted 7,866 attendees, including 6,242 scientific attendees (nonexhibitors), a 6.7% decrease from the 2014 show, which was held in San Diego, California (see IBO 10/31/15). Two hundred forty-three companies exhibited, compared with 240 last […]
As the pharmaceutical industry’s use of external collaborations for R&D has increased, so has the need for the efficient and secure sharing, integration and management of experimental data. Informatics platforms for collecting, storing and analyzing experimental data, notably instrument data, have been integral to enabling external R&D activities with issues of scalability, data transparency and […]
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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.
