The rate of productivity growth, as measured by sales per employee for instrument and laboratory product companies, more than doubled in FY15 compared to the previous year, and grew slightly above the average 3.2% growth rate from FY10 to FY14. Based on currency-neutral sales, the average sales-per-employee ratio for the 19 companies in the table […]
The 44th International Symposium on HPLC 2016 was held at the San Francisco, California, Marriott Marquis from June 19 through June 24. The event included a series of short courses, tutorials, poster sessions, vendor technical workshops, and an exhibition featuring suppliers of HPLC systems, columns, software, components and consumables. The venue continues a tradition of […]
Based in Vermont, BioTek Instruments has over 400 employees. Its instrumentation is found in over 125,000 labs. Thirty percent of employees are located outside the US, and the company has 11 subsidiaries worldwide and 70 distributors. BioTek’s development in many ways mirrors the development of the drug discovery instrumentation market, from the heyday of big […]
Goettingen, Germany 6/28/16; Albuquerque, NM 6/28/16—Pharmaceutical and lab equipment supplier Sartorius has acquired IntelliCyt for $90 million in cash, including $5 million in future tax savings. Based in Albuquerque, New Mexico, with 55 employees, IntelliCyt provides cell screening platforms for drug discovery applications. IntelliCyt’s revenues are expected to increase approximately 34% in 2016 to more […]
Santa Clara, CA and Boston, MA 6/27/16—Agilent Technologies has agreed to acquire substantially all the assets of iLab Solutions for an undisclosed amount. Based in Boston, Massachusetts, with close to 70 employees, iLab provides lab management services to universities, research hospitals and independent institutes. iLab offerings consist of web-based core facility management services, such as […]
Berlin, Germany 6/20/16—Bruker has announced the acquisition of Yingsheng Technology for an undisclosed amount. Yingsheng’s Advanced Mineral Identification and Characterization System (AMICS) software package is designed for advanced minerals identification and characterization. AMICS is used with SEMs, energy dispersive x-ray spectrometers (EDS) and micro-XRF analyzers. “Making AMICS an integral part of our QUANTAX EDS systems […]
Birkenfeld, Germany 6/8/16—STRATEC Biomedical, a provider of automated analyzers, has purchased Sony DADC BioSciences from Sony for approximately €30 million ($34 million = €0.88 = $1). Headquartered in Anif, Austria, with 120 employees, Sony DADC BioSciences provides OEM consumables for diagnostics, life sciences and medical technology applications. For the year ending March 31, Sony DADC […]
Carlsbad, CA 6/13/16—Thermo Fisher Scientific has signed a strategic partnership with Cytonome/ST for cell sorting. The companies will codevelop an easy-to-use cell sorting platform that Thermo Fisher will exclusively distribute. Thermo Fisher told IBO the product is expected to be introduced in the first half of 2017.
In June of last year, the markets agonized over Greece’s default. Now, a new economic crisis has emerged as the UK voted this month to exit the EU. In the two days following the Brexit, global markets shed roughly $3 trillion in value. However, as the dust settled, markets recovered as investors realized either the […]
As pharmaceutical companies expand their presence in emerging regions’ middle-class markets, they are incorporating new categories of products, including large-molecule biologics (i.e., monoclonal antibodies), and new gene and cell therapies. The biologics market is forecast to jump to $278 billion by 2020, a 71.6% increase from 2014. According to a survey of 254 pharmaceutical executives, […]
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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.
