To spur the industrial application of microbial genome research, top companies in the chemical, pharmaceutical and nutrition industries have formed the Industrieverbund Mikrobielle Genomforschung (IMG). Among the member companies are BASF, Degussa and Wacker-Chemie. IMG will develop a variety of projects, including fermentation and enzymatic processes that are cheaper and less damaging to the environment […]
College, Station, TX 1/22/07—OI Corporation CEO, President and Chairman William W. Botts has been placed on paid administrative leave effective January 21 as the board of directors conducts a voluntary internal review of stock option grants and exercises, and related compensation procedures and accounting matters. Vice President, General Manager and board member Richard W.K. Chapman […]
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 […]
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 […]
Company Announcements YSI named Man (Waylon) Cheung to the newly created position of director of Asia Pacific Region. He was most recently key accounts manager for Emerson Process Management in China. Product Introductions Mettler-Toledo released a portable kit specifically for USP conductivity measurements, featuring the SG7 SevenGo Pro Portable conductivity meter and InLab 740 USP […]
Company Announcements Proxeon appointed Mårten Winge CEO in 2006. He joined the company from Olink Bioscience. Cenix BioScience GmbH, Applied Biosystems and the Biotechnology Center of the Technische Universität Dresden established a joint facility to develop tools and methods to enable more detailed and probative analyses of the cellular functions of therapeutically relevant genes. Applied […]
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, […]
There were a number of changes to this month’s IBO stock table. A new stock index was created, the Diversified Instrumentation Stock Index, which consists of six large companies (Agilent Technologies, AMETEK, Danaher, Mettler-Toledo International, Roper Industries and Teledyne Technologies) that manufacture a wide variety of products, including analytical and life science instruments. Other changes […]
As the world’s leading iron ore exporter, Australia has benefited from the more than doubling of the price of iron ore since 2004. During the same period, China’s imports of iron ore have climbed 60%. As a result, a number of Chinese steel firms are partnering with smaller Australian iron ore producers to maintain supplies. […]
According to a report by the Statistics Bureau of Japan’s Ministry of Internal Affairs and Communications, total R&D expenditures for Japanese fiscal year (JFY) 2005 (April 1, 2005-March 31, 2006) were ¥17,845.2 billion ($156.5 billion), up 5.4% from JFY 2004. Of this, natural sciences R&D made up ¥16,472.1 billion ($144.5 billion). R&D was 3.53% of […]
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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.
