Company Announcements AAPPTec appointed Presearch to distribute its peptide and organic molecule synthesis instruments. Biotage AB announced in February that due to the “unsatisfactory” profitability of its Chemical Development business, it will gradually close the business. Biotage AB and McMaster University’s Institute of Applied Radiation Sciences signed an agreement to develop a new chemistry platform […]
According to “Public Support for Science and Innovation,” a new report by Australia’s Productivity Commission, the Australian government budgeted an estimated AUD 5.974 billion ($4.492 billion) for science and innovation in 2006–07. Major government research agencies accounted for 23% of funding, including the Commonwealth Scientific and Industrial Research Organization, which recieved AUD 607.2 million, making […]
Madison, WI 3/16/07—Microarray provider NimbleGen Systems has filed a registration statement with the US Securities and Exchange Commission for an initial public offering of its common stock. The number of shares and price range have yet to be determined. NimbleGen Systems’ 2006 revenues increased 42.6% to $13.5 million and the company had an operating loss […]
Earlier this month, the US Department of Energy (DOE) released its final operating plan for fiscal 2007 (see IBO 2/15/07). The DOE’s budget of $23.598 billion includes $3.8 billion for the Office of Science, a 4.5% increase over the fiscal 2006 appropriation. Within the Office of Science, funding for biological and environmental research decreased 14.3% […]
The United Kingdom’s fiscal 2007 budget, announced on March 21, increased resources for scientific research. The budget specified a 2.5% average annual increase in real terms in science spending to £6.287 billion ($12.267 billion) by 2010–11. In 2007–08, UK science spending totals £5.397 billion, including £3.383 billion for the Department for Trade and Industry and […]
China plans to dramatically increase agricultural biotechnology spending to guarantee its food supply. Although a final budget has yet to be approved, spending is set to increase five times its current level, according to Zhang Liang Chen, president of the Agricultural University of China. According to Jikun Huang, director of the Center for Chinese Agricultural […]
West Chester, PA 3/29/07—VWR International has acquired the remaining 76% of KMF Laborchemie Handels GmbH, effective April 1. Based in Germany with 70 employees, KMF generated 2006 revenues of approximately $45 million. According to VWR, KMF’s areas of emphasis are chromatography, microbiology and life science products.
If you open the paper, it is hard not to read about a major company establishing manufacturing facilities in a foreign country. Intel’s announcements about facilities in China and Vietnam are recent examples of this phenomenon. Clearly, Asia has been the most attractive region for locating manufacturing facilities for industry in general. However, the instrument […]
Despite divergent economic data, all three major indexes managed to gain ground this month. The S&P climbed 1.0%, the Dow Jones rose 0.7% and the NASDAQ increased 0.2%. On March 29, the Commerce Department revised the fourth quarter GDP growth rate from 2.2% to 2.5%. The change was spurred primarily by escalating inventories of unsold […]
Company Announcements Germany’s Molnar-Institut acquired DryLab chromatography modeling software and the MethodMatch and ColumnMatch software from Rheodyne in 2006. Dionex established a European customer support center in 2006 in Olten, Switzerland. It joins the company’s other support centers in the US, China and Thailand. Dionex opened a new North American sales and service facility in […]
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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.

