Company Announcements Electronic Sensor Technology entered into a distribution agreement with Brechbuhler AG for Switzlerland, France, Italy and Austria in December 2007. In February, Electronic Sensor Technology announced a recapitalization agreement with Halfmoon Bay Enterprises, which will provide $5.5 million in exchange for 39%–44% ownership of its common stock, depending upon the stock’s closing price […]
Physical testing instruments cover a wide range of techniques for assessing the strength and behavior of materials and components. Although the majority of instruments involve the measurement of linear stresses and strains, there are also many applications that require the accurate measurement of torque and torsion. Although torsion tests may be carried out on some […]
Cambridge, MA and Bothell, WA 3/31/08—Synthetic biology firm Codon Devices and Blue Heron Biotechnology, a provider of gene synthesis services, have settled their legal dispute stemming from Codon’s 2007 suit against Blue Heron. The suit alleged infringement of four patents owned by Duke University (US Patent Nos. 5,459,039; 5,556,750; 5,679,522; and 5,702,894) and one MIT […]
Company Announcements In January, Synamatix announced a research collaboration with the Universiti Malaysia Sabah’s Biotechnology Research Institute. In January, Golden Helix launched a collaboration program, whose inaugural members include the University of California Los Angeles, Zucker Hillside Hospital, Montreal Heart Institute, Emory University, Case Western Reserve University and the University at Lübeck in Germany. CLC […]
Bothell, WA 3/27/08—In conjunction with its plan to merge with integrated circuits supplier GigOptix, Lumera has announced that operations of Plexera Biosciences, its life science instrument subsidiary, will cease immediately. Publicly held Lumera will merge its Electro-Optics segment with GigOptix, thereby taking GigOptix public. Lumera Chairman C. James Judson stated: “[W] e do not have […]
Company Announcements In 2007, Biolin AB acquired UK-based Nima Technology, a provider of Langmuir Blodgett instruments for the analysis of monolayers and of tensiometers. Brightwell Scientific announced in November 2007 that Benelux Scientific will distribute its Micro Flow Imaging particle analysis products in Belgium, the Netherlands and Luxembourg. On January 1, Setaram began exclusively distributing […]
Waltham, MA 3/31/08—PerkinElmer has acquired LabMetrix Technologies, a provider of metrology-based multivendor analytical instrument qualification solutions. Terms were not disclosed. In 2007, LabMetrix generated revenues of approximately $5 million. “This acquisition expands our support of customers in regulated markets by combining metrology-based multivendor qualification solutions with PerkinElmer’s existing services capabilities,” commented PerkinElmer President and CEO […]
Two new reports released by Sense About Science and the Association of Clinical Biology, and the Royal College of Pathologists and the PHG Foundation address the need for government oversight of diagnostic testing kits and the potential for misdiagnoses. The reports on the heels of a Science Council report released at the end of January […]
This month, investors were left to weigh negative news involving liquidity issues in the financial markets after the collapse of Bear Sterns. At the same time, they had to consider the Federal Reserve’s 75 basis-point cut in interest rates on March 18 to 2.25%, which was designed to increase the availability of credit in the […]
New Orleans, Louisiana, played host to the 59th annual Pittsburgh conference and exhibition (Pittcon), which was held March 1–7 at the Ernest N. Morial Convention Center. Although Pittcon took place against a backdrop of escalating fears of a US recession, one would have never known it. Companies were upbeat about future business prospects and the […]
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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.
