Due to low oil and gas prices in Canada, planned government and company expenditures on corporate construction, and machinery and equipment is projected to decrease 4.4% this year to CAD $241.6 billion ($186.6 billion). So far, capital expenditures for 2016 in the private sector have decreased 9.3%, hitting CAD $157.4 billion, while public companies’ expenditures […]
In 2015, Pharmaceutical Research and Manufacturers of America (PhRMA) members invested an estimated $58.8 billion into biopharmaceutical R&D, a 10.3% increase from 2014. Last year, domestic R&D costs were 25% of domestic sales, an 8.8% increase to $40.5 billion, while total R&D costs were 20% of total sales, a 6.5% increase to $52.8 billion. In […]
Released last month, new data detailing federal research funding in the US indicates that combined funding for R&D and R&D Plant increased 4.1% in FY14 to $132.5 billion. FY15 funding for R&D and R&D Plant is expected to increase slightly to $132.8 billion, while FY16 funding is forecast to increase 5.8% to $140.5 billion. For […]
According to a study assessing legislation and policies affecting International Higher Education (IHE) in 26 countries, Germany and Malaysia have the best policies supporting IHE. The results are based on rankings for three categories: openness of HE and support of international mobility for students, academics and university programs; quality assurance of international students, and recognition […]
IBO’s first of its biannual articles on patent infringement litigation involving analytical instrument and laboratory product companies highlights three new suits and a string of settlements. New Suits Illumina is once again the defendant in a patent infringement case. The nonprofit Scripps Research Institute filed suit in March in the US District Court for the […]
Backlog Lifts Bruker Bruker’s Scientific Instruments segment (BSI) sales grew 5.2% organically to $350.4 million to account for 93% of company sales (see page 12). Organic growth was driven by a sturdy NMR backlog and higher MS sales, along with strength in North America and China. System and aftermarket revenues grew roughly 7% and 5% […]
Madrid, Spain and Heidelberg, Germany 5/9/16—SYGNIS, a publicly held provider of products for DNA sample enrichment and nucleic acid analysis, has agreed to acquire Expedeon through a majority share offering and €1.7 million ($1.9 million = €0.88 = $1) in cash. UK-based Expedeon develops, manufactures and sells proteomics reagents. The companies’ combined 2016 revenues are […]
Fremont, CA and Mountain View, CA 5/13/16—Takara Bio USA (TBUSA), a provider of life science reagents and kits, has announced an agreement to acquire single-cell analysis instrument firm WaferGen Bio-systems. TBUSA will pay up to $50.0 million based on a 1.0–3.5 multiple of WaferGen’s 2016 revenues. “The combination of TBUSA’s RNA-seq and T Cell Receptor […]
Berwyn, PA 5/4/16; Berwyn, PA 5/4/16—AMETEK announced that CEO Frank S. Hermance has transitioned to executive chairman and David A. Zapico has been elected CEO and to the Board, effective May 5. Most recently, Mr. Zapico served as executive vice president and COO. “I expect the transition of Dave to CEO to be seamless, as […]
London, UK 4/21/16; Paris, France 4/21/16—Global technology firm Smiths has agreed to acquire Morpho Detection, a provider of explosives detection systems (EDSs), for a total of $723.7 million in cash, but includes net cash of $13.7 million, from Safran, a high-technology company. Smiths’ Detection division provides products for the detection of explosives, chemical and radioactive […]
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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.

