Despite a rally on the final trading day of the month triggered by two interest rates cuts and an economic stimulus package from the US government, the Dow Jones Industrial Average, S&P 500 and NASDAQ experienced one of their worst declines in the month of January in years, falling 4.6%, 6.1% and 9.9%, respectively. The […]
As oil prices continue to hover near $100 a barrel and worldwide demand for energy shows no signs of slowing, it is clear that alternative fuel sources are a necessity. One of the most viable—and currently practical—alternative fuel sources is biofuels, including bioethanol and biodiesel, and government programs in the US and abroad are pursuing […]
Stormy weather and difficult travel conditions delayed some weekend travelers to the tenth annual LabAutomation conference, which took place January 26–30 at the Palm Springs Convention Center in Palm Springs, California. However, clearer skies prevailed on Monday, the first day of the conference’s scientific program and first full day of the exhibition. The Association for […]
Sunnyvale, CA and Dublin, Ireland 1/27/08—Labcyte, the maker of the Echo low-volume liquid handling systems based on acoustic droplet ejection, and Deerac Fluidics, formerly known as Allegro Technologies, have announced a merger agreement in a stock-for-stock transaction. Deerac Fluidics provides low-volume liquid handlers for the 50 nL–20 µL range. Labcyte, which generated more than $10 […]
XOS introduced the Clora benchtop analyzer for the determination of chlorides in liquid hydrocarbon samples using monochromatic WD-XRF. Cosa Instrument launched the Model CA/KF200 moisture meter for analysis down to 1 ppm. Mettler-Toledo introduced the HB43-S halogen moisture analyzer for routine moisture determination. PANalytical released the compact, cost effective MiniPal 4 Sulfur ED-XRF spectrometer. Agilent […]
Quality Systems International opened a French office in Cergy Pontoise. Integromics established a US office in Philadelphia, Pennsylvania. Metamatics changed its name to Torrey Path. Compendia Bioscience named cofounder Dan Rhodes, PhD, CEO in October 2007. Thermo Fisher Scientific launched the CARES (Customer Allegiance through Responsive, Excellent Service) Initiative, an internal process improvement initiative for […]
A European assessment of drug research practices published in Regulatory Toxicology and Pharmacology has found that acute toxicity tests on animals are unnecessary. In Europe, slightly fewer than 500,000 rats and mice are used annually for toxicity testing. The report estimates that approximately 15,000 animals a year could be spared if the acute toxicity test […]
Although the performance of some segments of the mass spectrometry (MS) market may not meet supplier expectations, most areas of the market will continue to grow very strongly. Despite the expected slowing of the global economy, the MS market is expected to grow nearly 10% in 2008, easily exceeding $2.3 billion in worldwide sales. The […]
Carlsbad, CA 1/10/08—Invitrogen has definitively agreed to acquire CellzDirect, a provider of hepatocyte-based primary cell products and services, for $57 million in cash. Hepatocyte-based primary cells are used in predicting the effect of a drug on enzymatic metabolism in the liver. “CellzDirect’s high-value products and services will greatly complement Invitrogen’s market-leading portfolio of complete cell […]
Valued at more than $2.5 billion in 2007, the atomic spectroscopy market is forecast to grow at 4.7% in 2008. The individual technologies have quite different future prospects, ranging from flat to high single-digit growth. In particular, the past few years have experienced a time of tremendous growth for the two X-ray technologies, X-ray fluorescence […]
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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.
