The Chinese government has announced a far-reaching, 15-year program to modernize traditional Chinese medicine (TCM). Already, the Chinese government has allotted CNY 1 billion ($130 million) for TCM R&D, and the total budget over the next five years is expected to range between CNY 3.7 billion and CNY 4.4 billion. This new program, which is […]
Functional Genomics in Norway (FUGE), which was established in 2002 to build a knowledge base and infrastructure that would help Norway to work at the frontiers of functional genomics research has announced a budget of NOK 920 million ($154.4 million) for 2007–2011, of which NOK 420 million ($70.5 million) is now available for funding projects. […]
Metrohm introduced the Process Lab, which can be customer configured. It combines analytical modules, such as pH, redox, conductivity and titration, and allows for the integration of third-party equipment. Brimrose launched the inline Luminar 4030 Miniature Free Space Process AOTF-NIR analyzer. Endress+Hauser introduced the Oxymax W COS21D series of digital dissolved oxygen (DO) sensors. Thermo […]
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 […]
Columbia, MD 4/16/07—Shimadzu has named Takeshi Kawami president of Shimadzu Scientific Instruments, the company’s North American subsidiary. He replaces Osamu Ando, who served as president for seven years. Mr. Kawami is a 24-year veteran of the company and previously served as vice president of a sales subsidiary.
Santa Clara, CA 3/16/07; 4/25/07—As part of its first quarter earnings announcement, Symyx Technologies stated that due to market changes it is lowering its 2007 guidance and changing its business model. The company lowered its guidance for 2007 revenues from $133–$140 million, made in February, to $110–$120 million, and its guidance for net income from […]
Intelligent Bio-Systems exclusively licensed DNA sequencing technology from Columbia University. Beckman Coulter appointed James V. Mazzo, president and CEO of Advanced Medical Optics, to its board. Under a collaboration agreement, BG Medicine will integrate Applied Biosystems technology into its proteomic and metabolomic systems pharmacology workflows. Kyodo International will represent lab-on-a-chip company Micronit Microfluidics BV in […]
According to data compiled in a 2006 study by the Confederation of the Food and Drink Industries of the EU (CIAA), the food and beverage industry was the largest manufacturing sector in the EU in 2005. Its sales grew 2.6% to €836 billion ($1.2 trillion) to represent 13.6% of EU manufacturing sales. In 2005, the […]
Basel, Switzerland 4/4/07; Gaithersburg, MD 4/4/07—Roche has signed a definitive agreement to acquire BioVeris for $21.50 per share in cash, or approximately $600 million. BioVeris offers reagents and instruments for diagnostic testing and research based on its electrochemiluminescence technology (ECL). Roche Diagnostics stated that the acquisition will allow it to expand its immunochemistry business from […]
KBC Private Equity acquired a 75% stake in bioinformatics company Applied Maths NV in 2006. SAS and Ingenuity Systems integrated their respective JMP Genomics and Pathways Analysis solutions. Ingenuity Systems partnered with Compendia Bioscience, a provider of cancer profiling data and analysis tools, to integrate their respective Oncomine Professional and Pathways Analysis solutions. Thermo Fisher […]
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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.

