According to Environmental Laboratory Washington Report’s yearly survey, most companies in the environmental testing business reported slightly higher earnings in 2006. However, general expectations for industry growth are not high: most respondents to the survey believe that the market, which generates an estimated $1.7 billion in annual revenues, will be flat in coming years. In […]
A new survey by PricewaterhouseCoopers indicates that Asia is likely to become the top market in the world for medicines, and a major center for research and manufacturing. Of the 185 executives from domestic and multinational companies (MNCs) in Asia who were surveyed, 58% believe that the pharmaceutical industry will shift its focus to Asia. […]
GE Healthcare will exclusively distribute under the ULTA brand a new range of microfiltration cartridges and disposable filters from Parker domnick hunter for biopharmaceutical manufacturing. The companies also entered into a joint technology development agreement. As part of an R&D collaboration, Invitrogen will contribute its PD Direct media and cell line development expertise and Viropro […]
May started with upbeat earnings announcements and mergers and acquisitions news that helped sustain the strong April rally. On May 3, better than expected first quarter productivity data and lower than expected labor costs helped push the Dow Jones Index to another record close and the S&P 500 Index to cross the 1,500 mark for […]
The calendar-year first quarter proved to be an outstanding quarter for major analytical instrumentation providers. Growth in key end-markets remained robust. Among end-users, industrial spending, especially in the petrochemical and commodities sectors, continued to fuel instrument demand. Steady spending by big pharmaceutical companies was also reported by providers. Regionally, China and India remained the focal […]
Hollywood, FL 5/23/07; Washington, DC 5/23/07—In a busy week for initial public offerings (IPOs) of laboratory product companies (see below), STARLIMS completed its IPO of common stock on the NASDAQ Global Market on May 23, raising an estimated $25.5 million in net proceeds (see IBO 5/15/07). The offering consisted of 2.1 million ordinary shares priced […]
Reducing reagent consumption and laborious lab protocols are attributes that labs look for in analytical instrumentation in order to improve their efficiency and productivity. Lab-on-a-chip, or microfluidics, technology is one of the many avenues instrument manufacturers are exploring to provide turnkey solutions that require only microliters of reagents. One of the most successful commercial applications […]
Carlsbad and Mountain View, CA 5/29/07—Invitrogen and Clontech Laboratories, a unit of Takara Bio, have announced the settlement of Invitrogen’s patent infringement lawsuit against Clontech. The settlement comes one week after a jury decision in a federal district court in Maryland. According to the settlement, Clontech has agreed that Invitrogen’s four patents for “Cloned Genes […]
The recent news of the presence of the industrial chemical melamine in US pet food and diethylene glycol in Central American toothpaste has heightened concern over the chemical contamination of imported products. Chinese toothpaste has been linked to the deaths of 51 people in Panama last year. Pet food made with melamine, contained in mislabeled […]
In March, Techcomp announced exclusive distribution agreements in China and Asia Pacific markets with Kurabo Industries, Implen GmbH, Corona and Astranet. In March, the Verder Group and engineering firm Samuel Hodge acquired Autoclude, a manufacturer of peristaltic pumps for the OEM and laboratory markets. In April, Mocon opened a technical support office in Shanghai, China […]
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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.
