The life science instrument market includes 10 product categories and accounts for the largest share of the analytical instrumentation market due to strong support from government programs, and private and public research institutions. Somewhat immune to negative sales trends caused by the downturn of global economies, the life science market grew 7.2% in 2008 to […]
San Diego, CA and Oxford, UK 1/11/09—Illumina and Oxford Nanopore Technologies announced a strategic alliance to develop and sell single-molecule DNA sequencing technology. Under a commercialization agreement, Illumina will exclusively market, sell, distribute and service Oxford Nanopore’s BASE Technology products into the research and diagnostic markets. The companies will share profits from the sales. Illumina […]
London, UK 12/8/08—Scientific Digital Imaging has listed on the London Stock Exchanges’s Alternative Investment Market (see IBO 11/30/08). The company issued 16,663,842 shares. The opening price was 12.5 pence ($0.18) per share, and the closing price at month end was at 11.75 pence ($0.17) per share. The company’s market capitalization is £2 million ($3 million).
As IBO reported in its November 30 issue, Agilent Technologies’ Bio-Analytical Measurement business (BAM) revenues grew 14% in fiscal 2008 ended October 31 to $2,295 million. From the recent filing of SEC documents for the fiscal year, additional information is now available about the business’s fiscal year. Excluding acquisitions, which contributed 2% growth, and the […]
Company Announcements FEI and Max Planck Institute of Biochemistry are collaborating on a correlative microscopy solution for the acquisition of TEM images of molecular entities found using optical microscopy techniques. In August, Intellection promoted CFO/COO Chris Staples to CEO. In November, Carl Zeiss opened a subsidiary for its Industrial Metrology business in Istanbul, Turkey, in […]
The EU has adopted a new toy safety directive designed to update regulations. A toy, as defined by the directive, is a product with which children under 14 play. Manufacturers are charged with ensuring a toy in safe prior to sale. A total of 55 allergenic fragrances are now banned from use in toys. In […]
Lucerne, Switzerland 12/2/08—Following the sale of its Beverage business and the pending sale of its Real Estate business, Swiss-listed Eichhof Group AG will change its name to Datacolor AG, its Color Management business, early next year and become a dedicated supplier of colorimeters and other color management products (see IBO 8/15/08). The company has also […]
Cambridge, MA 12/19/08—Helicos BioSciences, a developer of DNA sequencing technology, has announced an agreement to raise approximately $18.6 million through a private placement sale of its common stock and warrants. Net proceeds are expected to be $17.9 million. Earlier this month, the company announced cost reduction measures (see IBO 12/15/08). Purchasers include current investors such […]
Washington, DC 12/18/08—BioTrove has withdrawn its IPO registration due to unfavorable market conditions. The company had planned to raise up to $75 million through the IPO (see IBO 4/15/08). BioTrove’s products include the OpenArray Solution system, which can perform thousands of PCR-based genomic analyses, and the RapidFire automated, sample preparation system for MS. Six-month sales […]
Company Announcements Shimadzu Scientific Instruments is now distributing SEDERE’s SEDEX 80LT and SEDEX 85LT evaporation light scattering detectors in the US. In September, Thermo Fisher Scientific opened a 12,000-square-foot facility in Reinach, Switzerland, which consolidates the Flux Instruments and Spectronex product lines. In December, MIP Technologies AB entered into a collaboration with sanofi-aventis to develop […]
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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.
