At the beginning of the month, the California Institute for Regenerative Medicine (CIRM) announced its first Tools and Technologies Awards. Established in 2004 as the result of the passage of a California ballot proposition, the nonprofit CIRM is charged with distributing $3 billion in loans and grants for stem cell research to public and private […]

Milford, MA 12/11/08—Waters has lowered its revenue and non-GAAP EPS forecast for the fourth quarter as a result of weaker than expected instrument orders and deteriorating economic conditions. The company now expects fourth-quarter sales to decline 4%–6% to $410–$420 million, including negative currency effects of approximately 4%. Previous guidance was approximately $454 million in sales, […]

Waltham, MA 12/3/08—PerkinElmer has purchased Arnel, a provider of GC systems and software for the petrochemical, food and beverage, and industrial hygiene markets, for an undisclosed amount. Arnel has been PerkinElmer’s exclusive supplier of gas-sampling valve solutions for 18 years. In addition, the companies jointly engineer and market GC instruments and accessories that are sold […]

New York, NY 12/9/08—At its annual investors meeting, Agilent Technologies announced its outlook for fiscal 2009, which began November 1. In providing its expectations for the year, the company has modeled revenue from its Bio-Analytical Measurement (BAM) business to be flat at $2.2 billion, down from 17% growth in fiscal 2008. Regarding BAM, CEO and […]

Universities worldwide are tightening spending in the wake of the financial markets’ downturn. In Japan, Keio University has reported $233 million in investment losses. In the US, financial losses at Yale and Harvard have forced the colleges to delay new buildings and new hires. The failure of Iceland’s banking industry has hit UK universities, including […]

In 1989, multiphoton microscopy (MPM) was developed as an offshoot of confocal microscopy to provide deeper imaging capabilities while causing less damage to samples. The multiphoton imaging market is expected to grow by 12% in 2009 to over $27 million. As the market matures, the largest providers of multiphoton products are addressing many of the […]

Approved in November, the 2009 budget for Germany’s Federal Ministry of Education and Research (BMBF) increased 9.1% to €10.204 billion ($12.984 billion), or 2.9% of GDP. Funding for projects rose 15% to €3.5 billion. Project areas of focus include biotechnology and biomedical research. In total, funding for the life sciences increased 7.5% to €430 million. […]