Stem cells have the ability to develop into almost any kind of cell. Spurred by stem cells’ potential to replace diseased cells and cure a wide variety of diseases, scientists around the globe have been studying the qualities of these cells. Because many different properties of stem cells still need to be understood, there are […]
According to a report published this month in the Archives of Internal Medicine, serious and fatal adverse drug events (ADEs) reported to the FDA’s Adverse Event Reporting System (AERS) have more than doubled in the period 1998–2005. Established in 1998, the AERS receives ADE reports from the FDA and drug manufacturers. Serious ADEs increased by […]
March l’Etoile, France 9/11/07—BioMérieux has acquired BTF, a supplier of reference standards for microbiological testing and water control solutions. Financial details of the transaction were not disclosed. Based in Sydney, Australia, BTF generated 2006 sales of AUD 4 million ($3.0 million) and employs 24 people. “We are excited about the acquisition of BTF, our third […]
Laboratory Corporation purchased laboratory automation provider Protedyne. TTP LabTech appointed Matthew Cook as commercial development manager to further develop its custom automation business. CyBio AG established a Japanese subsidiary in April. In July, CyBio AG and MACHEREY-NAGEL GmbH announced they will jointly develop applications to automate MACHEREY-NAGEL’s kits on CyBio systems. CyBio AG reported first-half […]
On September 10, the US government’s Interagency Working Group on Import Safety issued its first report on import safety. The Group, which includes personnel from 12 federal departments and agencies, was created in July by the Bush Administration following the discovery of tainted imported pet food (see IBO 5/31/07). The report recommends a strategic framework […]
Total IBO International Instrumentation Sales Index revenues for calendar year 2006 grew 7.1% in converted US dollars to $3,026 million, while operating profits jumped 35.3% to $654 million, leading operating margin to improved 450 basis points to 21.6% of sales. First-half 2007 Index sales improved 3.7% over the first half of 2006 to $1,576 million, […]
The European Food Safety Authority (EFSA) is examining new research that links food coloring and hyperactivity in children. The EFSA plans to review 45 colorings currently used in Europe by the end of 2008, and will rule on the coloring Allura Red later in the year. These reviews are based on the assessment of published […]
As IBO’s annual review of publicly listed contract testing lab companies shows, it was another year for revenue growth at the world’s largest laboratory service companies serving a diversity of industries. The pace of consolidation appeared to slow, but global expansion continued. The activities of three major contract testing companies, Campbell Brothers ALS, Eurofins and […]
In August, the US Patent and Trademark Office (USPTO) announced new rules for the patenting process, which will take effect on November 1. Under the new rules, patent submissions can not include more than 25 claims, and inventors will only be able to file two new “continuing applications,” which allow inventors to add further claims […]
Last month, Forfás—Ireland’s board for enterprise, trade, science, technology and innovation—published the first findings of its survey of R&D in the higher education sector (HERD) for the academic year 2006 (September 2005–August 2006). HERD spending reached €600.6 million ($730.2 million) in 2006, and has risen 10.5% on average since 2004. HERD spending reached 0.40% of […]
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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.
