The Society for Biomolecular Sciences’ (SBS) Symposium, “Back to Pharmacology: Stem Cells and Primary Cells in Drug Discovery,” was held on November 8 and 9 at the Anaheim Marriott Hotel in Anaheim, California. It was one of SBS’ small symposia focused on specific topics that the organization has been holding for a number of years […]
Spurred by the likelihood of rising fuel demand in developing economies and increasingly stringent regulations for carbon dioxide emissions in developed economies, several of the leading oil producers have been investing heavily in partnerships with universities for biofuel research. The most substantial of these investments is $500 million from BP for a 10-year consortium among […]
In the third quarter of 2007, revenues for IBO’s Laboratory Instrument Sales Index grew an impressive 13.7% to $4,218 million, identical to the second quarter’s revenue growth. Operating profit grew 21.8% to $693 million, and operating margin climbed 110 basis points to 16.4% of sales. Strong organic growth, acquisitions and favorable currency effects continued to […]
Siemens Automation and Drives introduced the Sitrans CV process GC for determining the chemical composition, superior and inferior calorific values, Wobbe index and density of natural gas. Lonza AG introduced the PyroSense online monitoring system for detection of endotoxin in water systems. ABB released the SpectraFlow CM100 raw material analyzer for cement manufacturing. Analytical Technology […]
First-half 2007 revenues for Inficon AG Emergency Response and Security decreased 7.6% to $8.5 million to make up 7% of total company sales. Photovac named four new representatives: A.J. Abrams Company for New England, New York and northern New Jersey; Brewer & Associates for the Pacific Northwest; Alpha Solutions for Minnesota, North Dakota and South […]
Pall elected Cheryl W. Grise, former president of Northeast Utilities’ Utility Group, in August. Dr. James D. Watson resigned from the Board of Pall in November. VWR appointed six new Board members: Robert L. Barchi, president of Thomas Jefferson University; Edward A. Blechschmidt, a director of Healthsouth, Lionbridge Technologies and Columbia Laboratories; Thompson Dean, comanaging […]
The Secretary’s Advisory Committee for Genetics, Health and Society (SACGHS), a section of the Health and Human Services department, has released a draft report of its investigation of the oversight systems for genetic testing, including its recommendations for improving these systems. The report calls for the development of enforcement methods against labs performing genetic tests […]
Metrohm launched the 815 Robotic Soliprep Sample Processor family for solid samples in ion analysis and for titrimetric or direct measurement applications. SANYO Scientific released the MLS-3751L and MLX-3781L portable autoclaves. Thermo Fisher Scientific introduced the Sorvall T1, T3 and G3 Centrifuge Series for clinical labs, consisting of six models with capacities of 0.5–3 l. […]
Arlington, Virginia 11/7/07—Security technologies company ICx Technologies completed its IPO to raise $80 million (see IBO 8/15/07). The company sold five million shares of common stock on the NASDAQ stock exchange at $16 per share. Earlier this month, the company had forecasted a price of $17–$19 per share. Shares fell 19% in their first week […]
According to IMS Health’s 2008 “Global Pharmaceutical Market and Therapy Forecast,” the global pharmaceutical market will grow 5%–6% in 2008 to total $735–$745 billion. This is down from the 6%–7% growth forecasted for 2007. One of the most notable developments in 2008 will be the rise of the so-called “pharmerging” markets: China, Brazil, Mexico, South […]
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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.
