It was a surprisingly strong calendar-year second quarter for major analytical instrument companies. Healthy European and Asian sales, continued robust industrial market sales, and a strengthening of sales to big pharma helped companies generate results that topped a number of companies’ expectations. A stronger US dollar also helped US companies leverage pricing advantages in foreign […]
Grand Rapids, MI 8/23/07—X-Rite, a maker of color spectrophotometers and colorimeters, has agreed to acquire Pantone for $180 million. Pantone provides products for color identification, matching and reproduction, including color matching systems and standards. In 2006, Pantone recorded revenues of $42 million and adjusted EBITDA of approximately 27% of revenues. X-Rite expects the transaction to […]
KSV Instruments named new distributors: Massanalys Nordic AB for Sweden; dpUNION Instrumentação Analítica e Científica for Brazil and Arquimed SA for Chile. Fauske & Associates named PT. Haes Brothers its exclusive Indonesian distributor and Scientific & Medical Products its exclusive Irish distributor. In June, MTS Systems named Laura B. Hamilton president and COO. She had […]
In May, Affymetrix opened a manufacturing facility in Singapore. ChannelNewsAsia reports that the facility will manufacture 30% of the company’s products and has a staff of 124. Affymetrix appointed John C. Batty CFO and executive vice president in June. He previously served as senior vice president of finance and CFO of Credence Systems. In July, […]
East Hills, NY 7/19/07; 8/2/07; 8/20/07—Pall announced in early August that its Audit Committee determined that the company will be required to restate its annual and quarterly results for some or all of fiscal years 1999–2006. The decision is related to Pall’s July announcement of an inquiry into “the possible material understatement of US income […]
As part of the Bioagent Autonomous Networked Detectors program, the US Department of Homeland Security awarded US Genomics an $8.6 million 12-month Phase III contract to develop systems for the detection and identification of airborne pathogens.
Fluid Imaging Technologies introduced the new FlowCAM particle analysis instrument, featuring 23 measurement parameters. PAC introduced the OptiDist distillation analyzer. Instron released the Dynatup 9250 impact tester, which is especially suited for finished-product applications. Instron’s Wilson Instruments launched the Minuteman ELT Automation Series for Tukon microindentation, Knoop, Vickers and Rockwell hardness testing. ATS RheoSystems released […]
BIOBASE GmbH and DNASTAR’s software achieved Affymetix GeneChip compatibility. In June, Illumina made available the open-access iControlDB genotyping-control repository. OGT launched the CytoSure Syndrome Plus and Chromosome X exon specific CGH arrays for cytogenetics.
MSA introduced the portable BIOSENSOR 2200R biological agent detector. Smiths Detection launched the Bio-Seeq Plus, which includes a new thermal cycler and runs six tests in parallel. Smiths Detection introduced the handheld Hazardous Gas and Vapor Identifier, featuring ion mobility spectrometry, photoionization detection and Taguchi gas sensors. Bruker Daltonics released CBRN (Chemical, Biological Radiation, Nuclear) […]
In the second quarter of 2007, revenues for IBO’s Laboratory Sales Index grew a robust 13.8% to $4,083 million. Operating profit jumped 29.3% to $631 million, and operating margin climbed 190 basis points to 15.5% of sales. Strong organic and acquisition-related growth from Thermo Fisher Scientific, Bruker BioSciences, PerkinElmer and Agilent helped boost revenues and […]
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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.
