In January 2005, India achieved compliance with the World Trade Organization’s Trade-Related Aspects of Intellectual Property Rights, which, among other things, protect drug patents. Last September, Biocon’s BIOMAb-EGFR became the first new drug to be developed, tested and taken through approval by an Indian company. However, of India’s estimated 20,000 drug firms, few are developing […]
The proposed acquisition of Molecular Devices by MDS Sciex (see page 2) will create a company with an estimated $470 million in fiscal 2006 revenues, putting it among the top 20 companies in the analytical and life science instrument industry (see IBO 4/15/06). In essence, the purchase transforms MDS Sciex into a full-blown instrument company, […]
Poissy, France 1/17/07—Environnement SA has acquired the assets of Becker Messtechnik, a developer of instruments for the continuous sampling and monitoring of dioxins. “The acquisition of Becker Messtechnik, which was moreover, one of our suppliers and which we therefore know particularly well, will strengthen our technological expertise in pollutant measuring,” said Environnement SA Chairman François […]
Company Announcements Axsun Technologies opened a direct office in the UK in 2006. Endress+Hauser opened a new production site in Suzhou, China to manufacture level, pressure, temperature and analytical measuring devices. Three production centers will move to the 7,850 sq. meter building. Bay-Tec Engineering licensed Finesse’s TruBio Bioreactor Control Operating System. Sionex named Eric Kirleis […]
West Chester, PA, 1/24/07—VWR International has entered into a definitive agreement to distribute select product lines of GE Healthcare Bio-Sciences in North America, effective January 26. GE products to be offered include radiochemicals, film and certain electrophoresis, chromatography and nucleic acid purification products. “In many cases, the convenience VWR adds through logistics and access to […]
The global area of biotech crops grew 13% to 102 million hectares (252 million acres) in 2006. The US leads the world, with 54.6 million hectares (134.9 million acres) of biotech crops, followed by Argentina with 18 million hectares (44.5 million acres) and Brazil with 11.5 million hectares (28.4 million acres). India posted the largest […]
Company Announcements Under a 2006 asset purchase agreement, Advanced Chromatography Systems acquired the EZ Flash II GC accessory and the TEA analyzer organic nitrogen detection from assets of Thermo Fisher Scientific. PerkinElmer partnered with Ion Signature Technology (IST) to offer IST’s Ion Signature Quantitative Deconvolution Software to users of its Clarus 600 GC/MS. GOW-MAC Instruments […]
Sunnyvale, CA and Toronto, Canada 1/29/07—MDS has signed a definitive agreement to purchase Molecular Devices for $615 million in cash, or $35.50 per share, a 49% premium over the January 26 trading price. In the first 12 months, the acquisition is expected to add $190 million in revenues and $45–$50 million in EBITDA (earnings before […]
Palm Springs, California’s desert air and sunny days were once again a perfect background for the Association for Laboratory Automation’s (ALA) annual LabAutomation conference. Held January 28–31 and accompanied by a three-day exhibition, the conference drew 4,600 registrants, a 9% increase from last year (see IBO 1/31/06). However, the number of exhibitors fell 15% to […]
Upland, CA 1/11/07—UVP, a suppler of laboratory imaging systems, was acquired by private equity investment firm Carlisle Enterprises on January 2. “Carlisle’s access to capital markets, their industry knowledge and their operating expertise represent significant support for UVP’s continued growth and development,” stated Leighton Smith, president and CEO of UVP. Carlisle’s previous laboratory-related investments include […]
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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.

