In January, when IBO’s original forecast was published (see IBO 1/15/16), a great deal of information about the fourth quarter of 2015 was still unavailable, much less anything regarding the coming year. However, six months into 2016, additional information can be brought to bear on IBO’s overall baseline forecasting of the market for the year. […]
NGS technology and utilization have shown rapid progress, including application for clinical diagnostics in areas such as noninvasive prenatal testing (NIPT) and oncology. However, significant challenges remain for the routine use of the technology in diagnostic testing labs. A paper published earlier this year in Applied & Translational Medicine entitled, “Barriers to Clinical Adoption of […]
Columbus, OH 7/28/16, Washington, DC 7/29/16—Mettler-Toledo, the largest provider of lab weighing instruments, has agreed to acquire US-based Henry Troemner for $96 million. Henry Troemner supplies lab equipment, weights and weight calibration. The company stated that the purchase would expand its offering of basic lab products distributed under the Ohaus brand, and make it a […]
Changchun, China 7/22/16; Providence, RI 3/31/16—Chinese pharmaceutical company Jilin Zixin Pharmaceutical Industrial has signed an “investment framework agreement” to invest $6.0 million in Nabsys 2.0, according to a Google translation of the company’s website and a report in the Providence Journal. Nabsys 2.0 develops whole-genome mapping technology to electronically analyze very long DNA molecules with […]
Washington, DC 7/2/16; Washington, DC 7/25/16—Danaher has announced new reporting segments following the spin off of Fortive (see IBO 12/31/15) on July 2. Publicly held Fortive consists of Danaher’s former Test & Measurement, and Industrial Technologies (excluding Product Identification) segments, as well as the Retail/Commercial Petroleum platform. Beginning in the third quarter, the new reporting […]
New York, NY 7/7/16—Enzo Biochem’s Enzo Life Sciences subsidiary has finalized a settlement with Illumina resolving a suit brought by the company against Illumina in 2012 in the Delaware Federal District Court. The suit alleged infringement of US Patent No. 7,064,197 (System, Array and Non-Porous Solid Support Comprising Fixing or Immobilized Nucleic Acids) (see IBO […]
Nottingham, UK 7/8/16—Scientific Laboratory Supplies (SLS), a UK-based distributor of lab supplies, has purchased Analab, a Northern Ireland–based lab product distributor. SLS Chairman Peter Chapman said in a statement that SLS is already well-established in the country, but it will now concentrate on increasing sales to the pharmaceutical and medical technology markets. Damien McCorry, Analab […]
In an unprecedented effort for a research funding agency, the European Research Council (ERC), is using part of its €1.7 billion ($1.9 billion) annual budget to evaluate its impact of the projects that it funds. In a pilot analysis of 199 completed projects, the Council evaluated the impact of science in four major categories: Scientific […]
In The Guardian’s post-Brexit confidential survey of the elite Russell Group of 24 universities in England (though not all participated), many cases were found in which UK academic leaders were being asked to leave their positions in EU-funded research projects, as they are seen as a financial liability. In the UK, researchers receive £1 billion […]
With the help of a €180 million ($200 million) investment from the EU’s investment bank and an additional €60 million from the government, Greece will establish its first federally backed research agency. The Hellenic Foundation for Research and Innovation (HFRI) will help boost the country’s research output by funding basic research projects, distributing fellowship awards […]
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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.
