Total expenditure on Japanese R&D for fiscal year 2014 increased 4.6%, totaling ¥18.97 trillion ($15.76 billion). As a percentage of GDP, R&D expenditure rose 0.12% to represent 4%. R&D in business enterprises accounted for 72% of R&D expenditures, a 7.0% increase. By main industries of business enterprises, “Transportation Equipment” accounted for 21%, or ¥2.84 trillion […]
A survey of 52 pharmaceutical industry and academic personnel involved in natural products (NP) drug discovery found a gap between NP drug discovery strategies and NP drug potential. Thirty-five respondents chose high-throughput screening (HTS) as the “top preferred current strategy.” However, it is not best suited for NP drug discovery, according to many respondents. For […]
Earlier this month, DuPont and Dow Chemical announced an all-stock merger valued at $130 billion. The union will be split into three new companies: a materials science company; a specialty products company targeting the electronics, communications, safety and protection industries; and an agriculture firm. Dow shareholders will own 52% of the new company, while DuPont […]
Austin, TX 11/23/15; London, UK 11/24/15—Oxford Instruments has sold its Austin division, a supplier of cryo pumps, cold heads and compressor services, to Trillium, US, a supplier of vacuum pump–repair services, and new and refurbished systems. The purchase price was $1.3 million in cash. For the six months ending September 30, Austin’s revenues totaled £1.7 […]
South Plainfield, NJ 12/21/15—Genomics services company GENEWIZ has acquired Beckman Coulter’s genomics services business for an undisclosed amount. Based in Danvers, Massachusetts, the Beckman Coulter business provides NGS and Sanger sequencing services for healthcare, academic and government customers. “The genomic services business of Beckman Coulter is an ideal fit with GENEWIZ’s global strategy and expansion […]
Washington, DC 12/3/15; New York, NY 12/16/15—Danaher has announced that it plans to complete the spin off of its industrial businesses (see IBO 5/15/15) in the third quarter of 2016. The new company will be named Fortive and would have had $6.3 billion in revenues for 2014. At its annual investor and analyst meeting, Danaher […]
Paris, France 12/3/15; Paris, France 12/17/15—Reuters reported earlier this month that bidding for Areva’s Canberra business, which provides radiological detection systems for security, health and research applications, will begin early next year, quoting an anonymous source. Companies that intend to bid include Mirion Technologies, Apax Partners, 3i and Triton. Areva announced on December 17 that […]
Vleuten, the Netherlands 12/16/15—Verder Scientific has acquired ATM, a manufacturer of systems for metallographic applications. ATM has 150 employees. “With the acquisition of ATM, the Verder Scientific Division will become the market leader for mechanical sample preparation of solids,” commented Dr. Jürgen Pankratz, director of Verder Scientific. Verder also stated that the acquisition complements its […]
Seoul, South Korea 12/16/15; Seoul, South Korea 12/17/15—AFM manufacturer Park Systems has completed an IPO of one million shares on South Korea’s KOSDAQ exchange. In 2014, the 84-person company generated KRW 13,123 million ($12.5 million = KRW 1,053.53 = $1) in revenues, according to the stock exchange. “This IPO demonstrates our ambition to take a […]
US indexes ended 2015 mostly lower as the Dow Jones Industrial Average and S&P 500 slipped 2.2% and 0.7%, respectively, representing the worst performance for the two Indexes since the 2008 financial crisis. The NASDAQ advanced 5.7% for the year but endured a notable slowdown compared to double-digit gains in each of the previous three […]
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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.
