Company Announcements Hudson Control Group named Dr. Alan H. Katz chief scientific officer. Previously, he led Wyeth Research’s computation chemistry and drug design group. PaR Systems, a provider of specialized material handling and automation equipment, was acquired in July by MML Capital and PaR Systems management. BioTrove opened an office in San Carlos, California, in […]
Although electronic lab notebooks (ELNs) have been steadily replacing paper lab notebooks for almost a decade, their acceptance in chemistry-based disciplines has far outweighed their use in biological research. A basic ELN is a device or software that is able to store various laboratory data types, from calculations to notes prepared by researchers. The data […]
The Industrial Research Institute reports that R&D spending by one thousand leading US R&D firms rose 9.9% last year to $216,951.8 million, down from 12.1% growth in 2006. Sales for the firms rose 7.4% last year to $4,999,500.5 million, resulting in R&D totaling 4.3% of sales. R&D as a percentage of profit was 37.9%, as […]
Market analysis firm New Energy Finance estimates that new investments in clean energy will decline 4% in 2008 to $142 billion. Including existing investments such as acquisitions and buy-outs, deal value is expected to fall 6% to $192 billion. One reason for the decline is public markets. Investment in clean energy via stock markets is […]
Santa Clara, CA 11/11/08—Affymetrix has agreed to acquire Panomics, a provider of assay products, for $73 million in cash. Panomics offers products for low to mid-plex genetic, protein and cellular analysis applications that enable a direct assay approach that does not require nucleic acid extraction or amplification. “Panomics presented a great opportunity for Affymetrix to […]
Hartford, CT 11/12/08; New York, NY 11/12/08; Baltimore, MD 11/14/08—A class action law suit has been brought against Waters by shareholders who purchased the company’s stock between January 24, 2007 and January 22, 2008. The suit alleges that Waters violated securities law by failing to disclose a slowdown in Japanese sales due to government regulations; […]
Under the Indian government’s new Prevention of Food Adulteration Rules 2008, all prepackaged food sold in the country will be required to have nutritional labels by March 19, 2009. Among the labeling requirements are a list of ingredients and their weight and volume. In addition, nutritional information must be listed by 100 g or 100 […]
Carlsbad, CA 11/4/08; Carlsbad, CA and Norwalk, CT 11/11/08—Invitrogen and Applied Biosystems’ merger has received clearance from the European Commission (see IBO 6/15/08). As a result, the companies are expected to complete the transaction on November 21. Invitrogen has also announced that the company will be renamed Life Technologies. Instruments and systems will continue to […]
The European Commission has proposed a revision to the EU’s Protocol on Animal Welfare that is intended to unify standards across all member states and to update the legislation. Among the proposals is the requirement that alternative testing methods be used when available and that the use of animals be reduced to the minimum necessary. […]
Company Announcements Zwick Roell named Instrumatic A/S as a sales partner for Denmark. NanoSight opened an office in the Western Region of the US in August. Malvern Instruments and Aimil, the company’s distribution partner in India, formed a joint venture in May. In October, MTS Systems elected President and CEO Laura B. Hamilton chair of […]
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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.
