Company Announcements Cell Projects entered into a commercial license and development agreement in October 2008 with Queen’s University in Canada, covering several new electroporation technologies for adherent and in situ cell electroporation. Fluxion Biosciences named two new distributors: Labtech International for the UK, Ireland and France, and Westburg BV for Belgium, The Netherlands, Luxembourg, Denmark, […]
Pharmaceuticals and Biotech IMS Health forecasts worldwide pharmaceutical sales to increase 4.5%–5.5% this year, on par with 2008, to more than $820 billion (see IBO 10/31/08). The substantial cash holdings of major pharmaceutical companies could increase M&A activities. The target of these acquisitions are expected to be smaller biotech firms that are unable to access […]
As a regular feature of our annual forecast issue, IBO selects a firm from our industry as “company of the year.” In designating the company of the year, IBO recognizes an analytical or life science instrument maker that has accomplished technical, operational and financial achievements. Such achievements are a function of strong financial performance, market […]
Growth in 2008 for the separations market was nearly two percentage points lower than the original forecast estimates (see IBO 1/15/08) due, in part, to the weakened third and fourth quarters marked by the global financial crisis. In 2008, the separations market accounted for $6.6 billion in revenues and grew 6.6% over 2007. For 2009, […]
Milford, MA 1/12/09—Waters has announced preliminary sales for the fourth quarter of 2008 of approximately $418 million. This figure is within the range of the company’s revised guidance announced last month of $410-$420 million (see IBO 12/15/08). Waters specifically attributed the reduced sales volume to unfavorable currency translations, slower spending by chemical manufacturers, continued weak […]
Financial Crisis As with firms worldwide, analytical and life science instrument companies found themselves at the mercy of the credit crisis, failing stock markets and lower industrial demand at year-end. Some of the strongest markets for instrumentation in recent years—the petrochemical, metals and chemical industries—abruptly slowed operations in late 2008 and announced cost cuts for […]
Hillsboro, OR 1/5/09—Electron microscopy firm FEI has announced that its gross bookings for the fourth quarter of 2008 totaled more than $170 million, exceeding its October 2008 forecast of $150 million. FEI noted that the gross bookings will be reduced by 5%–8% due to the normal quarterly revaluation of backlog. “Life Science bookings were paced […]
According to the Organization for Economic Cooperation and Development (OECD), the US subprime mortgage crisis has spread to many nonfinancial sectors and has had widespread negative effects on world economies. In comparison to the 1.4% GDP increase for 2008, OECD countries’ GDP will decline by 0.4% for 2009. In the November update of the International […]
While the overall MS market did not quite match the growth initially expected for 2008 (see IBO 1/5/08), it grew more than 8% in the past year. Despite the severe global recession, IBO expects the demand for MS to grow 7.7% in 2009, which will easily put the total market value over the $2.5 billion […]
Surface science techniques include a variety of microscopic techniques for the analysis of surfaces and other microscopic features or samples. Images can be formed through several complementary techniques, ranging from traditional optical microscopy to more advanced optical techniques and methods that rely on imaging probes other than ordinary light, such as electron microscopy and scanning […]
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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.
