London, England 3/12/07—Linde has sold BOC Edwards’s vacuum and semiconductor businesses to private equity firm CCMP Capital for €685 million ($901.1 million). BOC Edwards is a supplier of vacuum systems to analytical instrumentation companies, among other industries. “This is the start of a new independent era for BOC Edwards in which we can focus on […]
Public funding sources in the EU and Australia are establishing programs to assist biotechnology projects that are trying to negotiate the so-called “valley of death”—the funding gap that lies between academic grants and industrial licensing or venture capital backing. The European Investment Fund entered into a €8 million ($10.6 million) partnership with Belgium’s University of […]
West Chester, PA 3/12/07—VWR International, the largest independent distributor of laboratory products and services, has announced that it has retained Goldman Sachs & Co. and Banc of America Securities to explore strategic options. “As this process moves forward, we remain committed to maintaining our strong relationships with our customers and suppliers and to the continued […]
Company Announcements Life Therapeutics spun out its LifeGels division, a manufacturer of electrophoresis gels, and Life Bioprocess division into a new company, NuSep, in late 2006. The divisions’ 2006 sales rose 95% to $793,000. Nu Sep is expected to list on the Australian stock exchange in late March. Under a partnership for sales, marketing and […]
This month, the EPA published the “Framework for Metals Risk Assessment,” which examines the special attributes and behaviors of metals and metal compounds from the perspective of their effects on human health and the environment, and recommends strategies for future research by EPA risk assessors. As concentrations of environmental metals varies around the country, the […]
San Diego, CA 3/13/07; Santa Clara, CA 3/13/07; San Diego, CA 3/1/07—A jury from the US District Court for the District of Delaware decided that Illumina infringed on, and induced infringement on, claims of five Affymetrix patents. The jury determined a proper royalty rate of 15% and awarded $16.7 million in damages to Affymetrix for […]
In February, Brazilian president Lula da Silva launched a policy for the development of biotechnology that could make the country a biotech leader within 15 years. The policy is designed to foster collaboration between industry and scientists and to create incentives for biotech scientists. This plan will add support to preexisting innovation initiatives (see IBO […]
Aliso Viejo, CA 3/8/07—Carl Zeiss Microimaging has acquired Clarient’s ACIS and Trestle Instrument Systems business assets and intellectual property for $11 million in cash and an additional $1.5 million based on post-closing conditions. In 2005, revenues for Clarient’s Technology Group, which includes fee-per-use and system sales, rose 16% to $8.7 million, including $4.4 million in […]
Arc/spark is a specialized optical emission spectroscopy (OES) technique that is strongly associated with the analysis of metals. In principle, these instruments can be used with nonconductive materials if they are prepared by grinding and forming a mixture with powdered graphite. There are also dedicated systems with specialized electrodes for the analysis of liquids, generally […]
Fourth quarter 2006 IBO Life Science Index sales rose 8.7% to $2,124 million. Operating profit for the same period gained 2.8% to $343 million, a steep decline from the previous quarter’s operating profit growth of 19%. Operating margin slipped 110 basis points from 17.2% to 16.1% of revenues. Year-over-year Life Science Index sales increased 7.7% […]
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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.
