Carlsbad, CA and Norwalk, CT 11/20/08; Carlsbad, CA 11/21/08; Carlsbad, CA 11/26/08—Invitrogen completed its acquisition of Applied Biosystems (ABI) on November 21 (see IBO 6/15/08) and began trading as Life Technologies Corporation on the NASDAQ Global Select Market on November 24 under the ticker symbol “LIFE” (see IBO 11/15/08). “By combining these two highly respected […]
Properly mixing solutions ensures uniformity of mixture components, temperature and pH throughout a sample container. Mixing also helps to dissolve solids in liquids and speeds up enzymatic reactions. As important as mixing might be in any assay, it is a step that is often overlooked or shortened by laboratories in the interest of time. While […]
Even a new president-elect could not appease the markets. Increased anxiety over the credit markets and potential bankruptcies by the auto industry and remaining national banks propelled markets on an unrelenting decline. In the two days beginning November 4, the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 9.7%, 10.0% and 9.6%, respectively. However, […]
Company Announcements Ahura Scientific announced three new distributors: Nucletron Technologies GmbH for Germany and Austria, HazmatLINK for the UK and Benelux, and RMI for the Czech and Slovak Republics. T-Ray Science exclusively licensed MIT’s technology for dual-mode, pulsed and continuous TeraHertz waves. Product Introductions X-Rite launched the xDNA system with the M98 handheld spectrophotometer for […]
The Taiwanese government has drafted a bill to set up a new agency, the Food and Drug Administration (TFDA), to strengthen food and drug safety. The TFDA will assume the duties of the Department of Health’s Bureau of Food Safety, Bureau of Pharmaceutical Affairs, Bureau of Food and Drug Analysis, and Bureau of Controlled Drugs. […]
Goettingen, Germany 10/31/08—Sartorius Stedim Biotech GmbH has acquired Wave Biotech AG, a developer of single-use bioreactors for bipharmaceutical manufacturing, for an undisclosed amount. The two companies have worked together since 2006 and Sartorius Stedim Biotech exclusively markets Wave Biotech’s products, Wave Biotech’s products are expected to contribute €10 million ($13 million) in revenues this year […]
The International Cancer Genome Consortium (ICGC) has announced projects in eight countries involving 11 funding organizations to study the genomic changes in eight forms of cancer. Each projects is expected to cost $20 million. Source: ICGC
Company Announcements GENEART AG extended its strategic collaboration with QIAGEN NV to include synthetic human genes optimized for use in insect or mammalian cells in addition to those designed for production in E.coli bacteria. GENEART AG established a subsidiary on the US West Coast in San Francisco, California. Invitrogen named Joe Beery as head of […]
On his last day as director of the National Institutes of Health (NIH), Elias Zerhouni formalized the NIH’s policy of setting quotas for the number of grants awarded to new investigators. First instituted in 2007, the quotas are designed to address the decline in the average age of researchers receiving grants. Currently, the average age […]
Sydney, Australia 10/14/08 and 10/30/08—Fluorotechnics, a manufacturer of fluorescence and electrophoresis consumables and tools, raised AUD$7.6 million ($4.9 million) in its IPO (see IBO 9/15/08). The company listed shares on the Australian Stock Exchange on October 31 at a price of AUD$1 ($0.68) per share for a market capitalization of nearly AUD$25 million ($16.9 million).
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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.
