Santa Clara CA 12/18/07—Affymetrix has agreed to acquire USB, a manufacturer of molecular biology and biochemical reagents, for approximately $75 million in cash. Based in Cleveland, Ohio, USB offers three major product lines: molecular biology enzymes and kits, biochemical reagents and products for membrane protein research. “The integration of USB’s biochemical reagents with Affymetrix’s current […]
The Qatar National Research Fund (QNRF) announced the first winners of its $25 million in research awards. A component of Qatar’s efforts to improve the profile of its research in the international community and to increase its research-to-R&D spending percentage, the National Research Priorities Program (NPRP) funds projects for three years. A total of $10 […]
With the IBO Laboratory Instrumentation and Consumables Stock Indexes up over 20% for the second year in a row, it would seem that one would only have had to throw darts at the list of our industry equities to easily come up with winners. Alas that was not the case for our stock picks for […]
Waltham, MA 12/20/07—Thermo Fisher Scientific has purchased La-Pha-Pack, a provider of chromatography consumables and accessories. Based in Langerwehe, Germany, La-Pha-Pack has revenues of approximately $25 million. “This acquisition will significantly strengthen our chromatography offering in Europe by complementing our existing specialty brand, Chromacol, which is manufactured in the UK,” said Thermo Fisher Scientific President and […]
In 2007, several analytical instrument and laboratory product companies went public. However, as shown below, the stock prices for most of these companies were unable to prosper under this year’s volatile market conditions. The best performing IPO was DNA sequencer developer Helicos Biosciences (see IBO 5/31/07). The company, which has yet to officially release its […]
QIAGEN NV released the QuantiFast Probe RT-PCR Kit, featuring QuantiFast RT Mix for cDNA synthesis in 10 minutes. Analytik Jena AG introduced the compact SatelliteSC and high-end AlphaSC thermocyclers. Applied Biosystems introduced the TaqMan Array Human MicroRNA Panel, configured in an array format. Applied Biosystems launched the Fast SYVR Green Master Mix for real-time PCR. […]
In September, DeltaNu appointed Gilden Photonics as its new distributor for the UK and Ireland. Polychromix signed a strategic investment and technology advancement agreement with In-Q-Tel. Scinco named Cosa Instruments the exclusive US distributor of its PDA UV/Vis spectrophotometers. Ocean Optics, a Halma company, promoted Rob Randelman, PhD, vice president of Sales and Marketing, to […]
Waltham, MA 12/19/07; Fort Lauderdale, FL 12/19/07—PerkinElmer has definitively agreed to acquire Pediatrix Medical Group’s newborn metabolic screening business and its StepOne newborn screening product for cash. Pediatrix’s newborn screening laboratories provide neonatal screening and collaborative services to hospitals, medical groups, five states (Maryland, Mississippi, Louisiana, Nebraska, Pennsylvania) and the District of Columbia. The business […]
OpGen raised $23.6 million in equity financing in September in a round led by CHL Medical Partners, Highland Capital Partners and Versant Ventures. In-Q-Tel, a Central Intelligence Agency–launched investment firm, made a strategic investment in OpGen. Base4 innovation and Harvard Medical School’s George Church have joined VisiGen Biotechnologies, 454 Life Sciences, the Foundation for Applied […]
This month, the National Institutes of Health (NIH) announced the Human Microbiome Project. The human microbiome is comprised of the genomes of every micro-organism in humans. The Project will provide $115 million over five years to sequence and characterize at least 600 microbial genomes. Samples will be grown in laboratories and collected from the digestive […]
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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.
