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 […]
Endress+Hauser acquired a majority share in its Romanian distributor Romconseng. Endress+Hauser’s Conductam industrial liquid analysis business named Dr. Manfred Jagiella, previously head of Sensors for Balluff, managing director. Endress+Hauser’s 2006 sales increased 11.3% to €985.2 million ($1.2 billion) (see IBO 7/15/07). Asian Pacific sales rose 20%, European sales grew 10.4%, North and South American sales […]
Laboratory equipment tends to be the humble workhorse in a lab. While it does not perform the high-profile work of measuring and analyzing samples, research simply could not be done without it. Traditionally, aesthetics have not been a priority in the design of lab equipment. The decision by a laboratory equipment manufacturer to improve the […]
In July, the FDA released its revised draft guidance for in vitro diagnostic multivariate index assays (IVDMIAs). The FDA issued a previous guidance last year (see IBO 11/15/06). The draft guidance’s language has been revised to clarify the definition of an IVDMIA and provides examples of tests that are and are not IVDMIAs. The revised […]
Carestream Health, consisting of Kodak’s former Health Group business (see IBO 1/15/07), officially began operating as an independent company in May. 454 Life Sciences and the Malaysian Genomics Resource Centre are collaborating on the characterization of tropical organisms and diseases. Axela Biosensors entered into a licensing and supply agreement for BioCheck’s reagents for use as […]
According to the Forum for European-Australian Science and Technology Cooperation (FEAST), Australian biotech firms have been successful in raising capital during the first half year, ended June 30. Drug development and device companies raised a record AUD 500 million ($422.7 million) from IPOs and other capital raising efforts. Biotech firms Avexa, Acrux and Progen together […]
SRI Instruments, located in Torrance, California, began life in 1985 as Scientific Repair Inc. CEO and President Hugh Goldsmith, a former employee of PerkinElmer, started the company in his garage, repairing GCs and HPLCs. After some years repairing and creating spare parts for these instruments, Mr. Goldsmith began making inexpensive GCs, and was able to […]
In order to boost Germany’s flagging pharmaceutical industry, the nation’s Ministry of Education and Research (BMBF) has announced a new initiative. The Pharma-Initiative, with a budget of €800 million, will run until 2011. The Initiative’s goals include improving innovation within the industry, fostering communication among industry participants and assisting firms in bringing their highest-potential products […]
Washington, DC 8/6/07—ICx Technologies, a developer of security products, has filed for a public offering of its common stock on the US NASDAQ exchange. The filing did not specify the offer price or date. ICx’s 2006 sales increased 15.7% to $90.2 million (see page 12). Product sales for its Detection business grew 416% in 2006 […]
PREMIER Biosoft International released Beacon Designer 7.0 for designing real-time PCR assays. Q Chip launched the ReaX Mastermix Lab-in-a-Bead gel-based bead and the ReaX Custom Bead Service. Spartan Bioscience launched the Spartan Dx real-time PCR DNA analyzer priced at $14,995. VWR International introduced Gene Technologies’ G-Storm thermal cyclers, consisting of three models.
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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.
