Called Ilha Formosa (beautiful island) by Portuguese explorers, Taiwan has proven to be an attractive location for an array of high-tech industries. Revenue at Taiwan’s three major science parks—Hsinchu Science Park, the Central Taiwan Science Park and the Southern Taiwan Science Park—is expected to top TWD 2 trillion ($60.8 billion) in 2007, according to Taiwan’s […]
The Cancer Biomarkers Collaborative (CBC), a joint project of the American Association for Cancer Research, the FDA and the National Cancer Institute (NCI), is one of a number of collaborations designed to integrate biomarkers into drug development. The CBC will draft guideline recommendations for the FDA’s Critical Path Initiative in the following areas: collecting biospecimens […]
Thermo Fisher Scientific has entered into an agreement to acquire India-based Qualigens Fine Chemicals from GlaxoSmithKline Pharmaceuticals for INR 240 crore ($59.5 million). According to Thermo, Qualigens is India’s largest laboratory chemical manufacturer and supplier. Based in Mumbai with 150 employees country-wide, Qualigen’s manufactures and sells fine chemicals, diagnostic kits and laboratory products, and had […]
Hitachi High-Technologies Life Science’s revenue for fiscal 2007 ended March 31 rose 9.3% to ¥933 billion ($8.1 billion) (see IBO 6/30/07) to account for 9.8% of company sales. Operating profit increased 39.4% to ¥123 billion ($385.3 million). Sales of liquid chromatographs and DNA sequencers increased. Hitachi High-Technologies opened a branch office in Moscow, Russia, in […]
New Delhi, India; Mumbai, India 7/25/07—Indian news sources report that RFCL, an Indian supplier of laboratory products and services, has acquired Wipro Biomed, an OEM partner and distributor of research and clinical products, from software company Wipro. The transaction price was not disclosed. Wipro Biomed consists of three businesses: the Life Science Group, Diagnostic System […]
Syrris opened an office in La Jolla, California. Biotage AB elected Axel Broms and Per-Olof Eriksson to its Board, replacing Jeff Bork and Björn Odlander. In May, Agilent and Integrated DNA Technologies agreed to harmonize their chemistry, processes and analytical techniques and to provide reciprocal referrals for synthetic oligonucleotides, creating a complete development pathway for […]
Waltham, MA 7/26/07—PerkinElmer has announced that Robert F. Friel, president of the company’s Life and Analytical Sciences division (LAS), will become president and COO, effective August 1. He is expected to be named CEO in February 2008, replacing Gregory L. Summe, who will become executive chairman until April 2009. The LAS presidency is not expected […]
Once again volatility ruled the markets in July. The major indexes experienced several extreme swings, both positive and negative, mainly due to conflicting news of positive earnings reports and analyst concerns over the debt markets. In response to subprime and other mortgage debt issues, lenders reported tightening liquidity restrictions in the corporate sector. Such limitations […]
Under a collaboration and licensing agreement with Dr. Gerry Shaw of the University of Florida and EnCor Biotechnology, Millipore is developing a neurofilament ELISA kit to measure the biomarker pNF-H. Millipore named Charles Wagner, vice president of Strategy and Corporate Development, CFO, effective August 15. Meridian Bioscience restructured and expanded its Meridian Life Science subsidiary […]
Bt cotton, which has been genetically modified for protection against insects, is the only biotech crop approved for commercial cultivation in India. This year, land on which Bt cotton is grown reached 70% of the total area for cotton growing in India. Agriculture biotechnology revenue made up 11% of Indian biotech industry revenue during fiscal […]
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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.
