New Milton, UK 7/31/08—Genetix has named Charles de Rohan CEO effective September 15. Mr. de Rohan is currently divisional vice president, Scientific Leadership and Global Accounts EMEA, for Abbott Laboratories’s Diagnostic Division. He will replace Mark Reid, who will serve as a nonexecutive director and strategic consultant for Genetix. “Charles’ extensive experience in the clinical […]

Despite high prices and strong demand for many metals and minerals, mining companies are finding it harder to make new projects profitable. As a result, companies are delaying projects or closing mines. BHP Billiton, Perilya and Teck Cominco have all announced closures or plans to limit output of some mines. Soaring costs for energy, building […]

In the calendar-year second quarter, major analytical instrument and laboratory supply companies in general reported an increase in business compared to calendar-year first quarter as applied markets, Asia and consumables continued to be the main growth drivers. In addition, Europe gained some momentum as both Waters and Dionex reported a return to European sales growth, […]

Company Announcements ICx Technologies forecasts 2008 sales of $177–$184 million and an adjusted EBITDA loss of $2–$7 million. In 2007, revenues increased 51% to $136.2 million and the adjusted EBITDA loss was $16.0 million, down from $23.8 million (see IBO 3/31/08). The Detection Division’s revenue in 2007 rose 79% to $77.2 million and the Division’s […]

The FDA and prescription benefits manager Medco Health Solutions have entered into a two-year agreement to study pharmacogenomics. Using reports produced by Medco based on the pharmacy claims of its 60 million members, FDA will assess the use of genetic tests for prescribing drugs and determining drug safety, as well as how doctors utilize such […]

Singapore 8/18/08—Techcomp has acquired an approximately 81% interest in Shanghai Sanco Instrument via the purchase of 68% of Richwell Hightech Systems for RMB 4.8 million ($700,000). Registered as a foreign-invested enterprise in China with capital of $350,000, Shanghai Sanco manufactures and sells diagnostic and analytical instruments. Techcomp stated that the acquisition will provide operational synergies […]

Patent-application filings rose 4.9% in 2006 to over 1.76 million due to more filings by China, Korea and the US, according to the World Intellectual Property Organization. China’s share of patent filings increased 32.1% to 7.3%, compared to shares of 6.6% and 6.7% for Korea and the US, respectively. Filings for drug patents rose 1.7%, […]

Company Announcements The Beijing Genome Institute and PentaBase ApS are developing real-time PCR kits for the detection of clinical biomarkers. Roche Diagnostics granted a license to BIOTECON Diagnostics GmbH for the development, production and sale of kits for food and GMO analysis using the LightCycler instrument with melting curve analysis technology. Merck KGaA began selling […]