Activotec launched the SFT-250 Supercritical Fluid Extraction/Reaction Processing System. Waters launched VanGuard Pre-Columns, which are capable of routine use at pressures up to 15,000 psi. Viscotek released the Tetra Detector GPC system, combining refractive index, UV, viscometry and low-angle light scattering detectors. Shimadzu Scientific Instruments released the Shim-pack XR Series of HPLC columns, which employ […]
Waltham, MA and Cambridge, MA 10/1/07—PerkinElmer has agreed to acquire publicly listed ViaCell for $7.25 per share, a 52% premium over the stock’s September 30 closing price, for an aggregated price of approximately $300 million, or $260 million net of cash. ViaCell specializes in the collection and preservation of umbilical cord blood stem cells and, […]
The “competitiveness clusters” (pôles de competitivité) initiative, instituted in 2004 with an allocation of €1.5 billion ($1.85 billion) to be spent by the end of 2008, was established in order to develop the commercial potential of innovation. Of this €1.5 billion, €732 million was to be distributed to R&D for projects, €575 million was to […]
Biotech drug sales in the US have increased an average of 20% over the last five years and reached a total of $39.92 billion in 2006. Growth factors, primarily erythropoietins and colony-stimulating factors, represented 35.4% of the market in 2006. Monoclonal antibodies, mostly for oncology, and autoimmune and inflammation disorders, made up 28.5% of the […]
Carl Zeiss MicroImaging GmbH acquired Clarient’s equipment business and related assets, consisting of the ACIS and Trestel Instruments Systems for clinical tissue-based cancer diagnostics, for $11 million in cash in March. Dako Denmark A/S will assist in marketing the systems. In July, Carl Zeiss SMT moved its North American headquarters from Thornwood, New York, to […]
Second quarter revenues for IBO’s Lab Equipment/Consumables Sales Index grew 10.0% to $804 million, and operating profits jumped 18.0% to $222 million, leading operating margins to improve 190 basis points to 27.6% of sales. At publication time, 11 of the 12 Index firms had reported results, with estimates made only for Diploma. Biohit Oyj’s second […]
Affymetrix and Partners Healthcare extended their translational research collaboration (see IBO 12/15/06) with a contract array manufacturing supply agreement. Affymetrix and IPSOGEN will collaborate to develop and market in vitro diagnostic tests. Empire Genomics, a molecular karyotyping platform technology company, licensed a number of Affymetrix’s patents covering the manufacturing, use and sales of microarrays and […]
Held for the second consecutive year in the heart of US oil country, this year’s ISA exposition in Houston, Texas, met many people’s lowered expectations for the event. Many process analytical instrument vendors opted for smaller booths and some elected to pass up the show altogether. Although attendance and number of exhibitors declined 4% and […]
Last month, Novartis and the Massachusetts Institute of Technology (MIT) announced the formation of a research partnership dedicated to continuous manufacturing. Novartis will give MIT $65 million over the next 10 years to establish the program; according to The Boston Globe, $40 million of this funding will come in the first five years. The Novartis-MIT […]
Gaithersburg, MD 10/15/07; Indianapolis, IN 10/15/07—Gene Logic has agreed to sell its Genomics assets to Ocimum Biosolutions for $10 million in cash. The Genomics business includes the BioExpress System and ToxExpress System databases, Genesis Enterprise System bioinformatics software and a microarray services business. In 2006, revenues for Gene Logic’s Genomics business declined 57.1% to $24.3 […]
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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.
