Danaher has done it again, announcing a major acquisition in the lab products market that will reshape the market. On May 11, the company unveiled its $13.8 billion planned acquisition of Pall to be followed next year by the spin off of Danaher’s more industrial companies into a separately traded public company (see page 2). […]
A single quadrupole MS (SQMS) system is a mass analyzer with one mass-filtering cluster. SQMS, particularly when paired with UHPLC, is a technique that is becoming more prevalent in routine food analyses, including the detection of polycyclic aromatic hydrocarbons, pesticides and aflatoxins. Traditional methods of food analysis have typically used higher-performing instruments, such as LC/MS/MS […]
Company Announcements ORFLO Technologies agreed in 2014 to distribute the microfluidic-based zEPI Flow flow cytometer to breweries and wineries to improve yeast-counting and -viability QC activities. In March, Lonza entered into a distribution agreement for CytoMate Technologies’ CytoSMART Technology. In April, Shimadzu announced its official entry into the cell analysis business with the development and […]
Company Announcements In January, Omega Engineering announced that it is now selling lab sample–handling products, such as shakers, rockers, mixers, stirrers and homogenizers. INTEGRA Biosciences opened a German subsidiary in January. LGC announced in February an exclusive agreement to distribute CIFGA’s specialist marine biotoxin standards and reference materials. In March, CEM announced the formation of […]
Company Announcements In 2014, sales for Modern Water’s Monitoring Division fell 22.9% to £2.7 million ($4.4 million) to make up 98% of revenues due largely to slower Chinese sales. The firm’s adjusted operating loss widened 5.0% to £5.1 million ($8.4 million). In March, Tintometer acquired UK-based Droptestkits.com, trading as DTK Water, a manufacturer and supplier […]
The Parenteral Drug Association’s Interphex (International Pharmaceutical Expo) show took place April 26–28 in New York City, New York, where it is held every year. The exhibit is dedicated to products for biopharmaceutical manufacturing. Attendance at the show rose 14% this year. Among the instrument companies exhibiting were Beckman Coulter Life Sciences, ChemoMetec, Freeslate, Hamilton, […]
IBO has moved up its quarterly financial review of major publicly held instrument and lab product businesses to the mid-month issues in order to provide more time-sensitive reporting. In addition, IBO has reorganized its Sales Indexes to one primary Laboratory Instruments and Products Sale Index, which will be presented in the May 31 issue. These […]
Gaithersburg, MD 5/5/15; Washington, DC 5/5/15—OpGen has completed its IPO (see IBO 4/30/15), listing units on the NASDAQ Capital Markets at $6.00 each. The IPO consisted of 2,850,000 units and is expected to raise $17.1 million before expenses, with estimated net proceeds of $12.8 million, or $15.8 million if underwriters exercise their options. Each unit […]
Santa Clara, CA 5/14/15—Affymetrix has acquired substantially all of the assets of Eureka Genomics for $15 million in cash. Eureka develops low- to mid-plex, high-throughput genotyping assays for NGS for use in detecting genetic markers for routine crop and animal agrigenomics testing. Affymetrix will launch the Eureka Genotyping Solution and Services for routine animal and […]
Tucson, AZ 5/6/15; Washington, DC 5/6/15—HTG Molecular Diagnostics, a provider of technology for complex molecular profiling, has completed an IPO. The company listed its shares on the NASDAQ Global Market, offering 3,570,000 shares at a price of $14 per share for estimated net proceeds of $44.4 million, or $51.4 million if the underwriters’ overallotment option […]
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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.
