In Chemical & Engineering News’ (C&EN) latest Global Top 50, the 50 largest chemical firms surveyed brought in a combined $775.2 billion in sales in 2015, a 10.8% decrease. However, profits increased 15.1%, or $96.7 billion, and profit margins climbed almost three percentage points to 13.5%, indicating that none of the 50 companies surveyed recorded […]
Earlier this month, the FDA issued a new draft guidance to educate drug and IVD sponsors on how to develop a therapeutic simultaneously with an IVD companion diagnostic. It includes information on how to obtain marketing authorization, regulatory requirements to consider, how to plan and perform clinical trials that involve IVD companion diagnostics, and administrative […]
Since the early 1990s, there has been a sharp decline of FDA approvals for antibiotics, as pharmaceutical companies ceased antibody development due to high costs and low returns. However, with numerous government incentives for fighting antimicrobial resistance, companies are beginning to renew interest in the field. A May-June survey of 18 biotechnology, pharmaceutical and diagnostics […]
The Dow Jones Industrial Average and S&P 500 traded at record highs in July despite weak economic data. The US economy grew at a tepid 1.2% in the second quarter, well below growth expectations of 2.6%. Specifically, the variance in growth projections was attributed to lower residential and business spending, which dropped 3.2%, the most […]
The 2016 European Innovation Scoreboard was released last week by the European Commission. The survey ranks countries and regions based on 25 innovation indicators, with countries falling into four categories of performance (Innovation Leaders, Strong Innovators, Moderate Innovators and Modest Innovators): countries that rank over 20% above the EU average are Innovation Leaders, which consist […]
Company Announcements Swiss-based Genohm opened its first US office in Durham, North Carolina, in March. Laboratory information system provider Sunquest Information Systems acquired GeneInsight in April. GeneInsight’s platform provides streamlined analysis, interpretation and reporting of complex genetic results to geneticists. GeneInsight Lab assists with variant annotation and filtration, knowledge management and interpretative report generation. GeneInsight […]
Company Announcements Fiscal first quarter sales for Brooks Automation’s Life Science Systems (LSS) segment grew 25.2% to $20.9 million (see IBO 2/29/16) to account for 17% of company sales. The acquisition of BioStorage (see IBO 11/15/15) added 39.0% to revenue growth, but was partially offset by currency headwinds of 2.4%. Organic LSS sales declined 11.4% […]
Company Announcements Calculus Capital announced in April a £2.25 million ($3.17 million) investment in Duvas Technologies, a developer of UV absorption spectroscopy systems. VUV Analytics announced an exclusive distribution agreement with Wasson-ECE Instrumentation to distribute its VGA-100 GC detector integrated with Wasson-ECE’s enclosures and process chromatography technology to provide fully automated process analyzers into hazardous […]
Company Announcements In May, Sartorius Stedim Biotech and contract discovery, development and manufacturing firm WuXi Biologics announced the opening of a joint laboratory in Shanghai, China to improve the capability and quality of biologics R&D in China. In June, Merck KGaA announced the relaunch of its global network of customer collaboration centers, the M Lab […]
There are plenty of options for compact flow cytometers. The hardware has shrunk to a point where some of these instruments can be held in one hand, making them extremely portable and less expensive than traditional flow cytometers. While these smaller cytometers may not have all the bells and whistles offered by a traditional instrument, […]
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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.
