In the first quarter of 2007, revenues for IBO’s Laboratory Sales Index grew an impressive 11.6% to $4,101 million. Operation profit jumped 14.0% to $654 million and operating margin climbed 50 basis points to 16% of sales. More than half of the companies realized significant improvements in operating profits, but those were offset by declining […]
Carlsbad, CA 5/1/07; Albuquerque, NM 5/2/07—CVI announced that it has signed an agreement with Barloworld Scientific to acquire Melles Griot. While terms of the deal were not revealed, Barloworld said that CVI will pay “a small premium over tangible net asset value” for Melles Griot. After the acquisition, which is expected to close within a […]
Tempe, AZ 5/1/07—GE Healthcare has sold its prearrayed Codelink microarray product line to Applied Microarrays, according to its website. Based at Arizona State University, Applied Microarrays also offers contract manufacturing of custom arrays. GE Healthcare continues to provide activated slides and related reagents for microarrays.
In January, implementation management company Expo Technologies acquired SpectrAlliance, which provides PAT (the FDA’s Process and Analytical Technology initiative) focused software, including NovaPAC. Yokogawa Electric appointed Shuzo Kaihori, director and senior vice president of the Industrial Automation Business, representative director and president effective April 1. President Isao Uchida was named chairman. Under a partnership agreement, […]
Caliper Life Sciences launched the Discovery Alliances & Services unit, created by the integration of NovaScreen Biosciences, a provider of in vitro discovery services, and Xenogen Biosciences, a provider of in vivo discovery services. It offers more than 700 in vitro assay types. Gyros AB introduced the Gyrolab Bioaffy 20 HC CD microlaboratory for dilution-free […]
The Critical Path Institute adopted the Rosetta Resolver system for its Predictive Safety Testing Consortium.
Prices of iron ore and nickel reached all-time highs this year, and prices for other key metals have been going strong for five years, driven in part by limited supplies and increased demand from the booming economies of China and India. Copper climbed to its highest price of $4 a pound in 2006, and is […]
The equity market continues to find bullish sentiment within a sluggish economy. On April 25, led by a strong rally in the blue chip sector, the Dow surpassed the elusive 13,000 mark for the first time. Exuberance over positive earnings in the technology sector and acquisition news helped push all major indexes higher. For the […]
Protagen AG launched Modiro PTM-Explorer for the automation of the identification of post-translational modifications of proteins by analyzing thousands of MS profiles in parallel. Geneva Bioinformatics SA launched the PhenyxOnline platform, a solution thatrequires no installation, maintainenance or update software. Eksigent Technologies introduced the NanoLC MALDI Spotting Systems, featuring the new Ekspot spotter, for storage […]
Following up on IBO’s examination of manufacturing trends in the industry (see IBO 3/31/07), Singapore continues to be a popular location for manufacturing facilities. This February, Fluidigm launched a Biomedical Product Development Center in Singapore, which will be used for R&D of a new biochip fluorescence reader and biochip loader. Bio-Rad unveiled a 20,000 square […]
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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.
