There is likely to be an increase in spending by the pharmaceutical industry for 2016 due to an upsurge in demand. The long-term outlook for pharma is mostly positive, with projected average growth of 4.3% between 2015 and 2019, totaling $1.4 trillion in global pharma sales by 2019. The US, Brazil, Russia and China collectively […]
To replace Moore’s law, next month, the semiconductor industry will launch the International Roadmap for Devices and Systems, ending the International Technology Roadmap for Semiconductors. The strategy will focus on applications and the chips needed for them. The Semiconductor Industry Association will follow its own strategy. Under Moore’s law, as circuits got smaller, they began […]
Illumina Fueled by Clinical Adoption Illumina’s fourth quarter 2015 sales grew 15.5%, 19% excluding currency, to $591.5 million. Excluding currency, Product revenue grew roughly 15%, and Service and Other revenue jumped 55% to account for 84% and 16% of revenues, respectively. Sequencing sales grew 19%, 23% excluding currency, driven by continued adoption in clinical oncology […]
Paris, France 12/24/15—Nuclear technology firm Areva has announced that it will sell its Canberra nuclear instrumentation and measurement business to Mirion-Charterhouse, a provider of radiation protection equipment, radiation detection and monitoring systems, and dosimetry systems. The transaction is expected to be completed by the end of 2016.
Orlando, FL 2/9/16; San Diego, CA 2/10/16; Santa Clara and Pleasanton, CA 2/11/16 —10X Genomics, the provider of a molecular barcoding platform for NGS, has signed agreements with three instrument firms to utilize its technology as part of their NGS product lines. Illumina and 10X entered into a comarketing agreement for sequencing solutions. QIAGEN and […]
Berwyn, PA 2/5/16—AMETEK, a manufacturer of electronic instruments and electromechanical devices, has acquired Brookfield Engineering for $167 million. Brookfield manufactures and sells viscometers and rheometers, and instrumentation for texture and powder-flow analysis. The company has annual sales of around $55 million. “Its products and technologies complement our existing laboratory instrumentation businesses and provide us with […]
Santa Clara, CA 2/3/16; San Francisco, CA 2/4/16—Agilent Technologies has filed suit against Twist Bioscience, its CEO Emily Leproust, PhD, and 20 unnamed defendants. Filed in California Superior Court in Santa Clara County, the complaint alleges breach of contract, breach of the duty of loyalty and misappropriation of trade secrets. According to the complaint, Dr. […]
New York, NY 2/2/16—Citing unnamed sources, Reuters reports that Roche is in discussions with sequencer firm Pacific Biosciences regarding a possible acquisition. Pacific Biosciences developed sequencing technology for Roche to sell and for which Roche will create and supply reagents. The system is expected to be commercialized in the second half of 2016. According to […]
The world’s 7th largest economy in 2014 and expected to become the 5th largest by 2018, Southeast Asia is a focus of global economic growth and opportunity due to an expanding middle class, increasing exports and the enactment last year of two trade pacts, the Trans-Pacific Partnership (TPP) and the ASEAN Economic Community (AEC). Of […]
A lack of sufficient inventory organization and proficient reagent tracking systems, as well as high lab costs all contribute to low efficiency levels that can plague many labs and frustrate scientists, according to a group of new companies founded to innovate purchasing and supply management methods in labs. To bring lower costs and higher efficiency […]
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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.
