Jena, Germany 2/19/09 and 2/23/09—Analytik Jena AG has acquired a majority of CyBio AG by increasing its stake in the company from 5.48%, purchased on February 19, to 51.19% purchased on February 20 at the price of €1.10 ($1.41) per share as part of a voluntary offer to Cybio shareholders. The acquisition will add CyBio’s […]
Nearly half of life science companies plan to focus on “breakthrough products and niche markets” in order to mitigate R&D risk, according to a survey by Deloitte Touche Tohmatsu and the Economist Intelligence Unit. The survey is based on responses from 360 life science industry executives from healthcare services (23% of respondents), pharmaceutical R&D (22%), […]
The Information Technology and Innovation Foundation (ITIF) reports that Singapore, Sweden, Luxembourg, Denmark and South Korea are the most competitive and innovative nations out of the 40 nations/regions examined. The study is based on 16 indicators in six categories: human capital, innovation capacity, entrepreneurship, IT infrastructure, economic policy and economic performance. The US ranks sixth, […]
At this year’s Pittcon, IBO sat down with executives from four major analytical instrument providers to discuss current market conditions and strategies. Each executive acknowledged that this was a difficult time for the instrument market. As Dr. Rohit Khanna, vice president of Worldwide Marketing for the Waters Division of Waters Corporation, stated at the company’s […]
St. Louis, MO 3/13/09—Sigma-Aldrich has acquired Sigal, its primary distributor in Chile, and formed Sigma-Aldrich Quimica. Terms were not disclosed. “We experienced 20% sales growth in Latin America in 2008 alone, and we believe our expanded presence in Chile, which will integrate sales, marketing and distribution, provides a solid base for consistent growth in the […]
Company Announcements BioTrove announced a research collaboration with Constellation Pharmaceuticals. Under a coexclusive distributor agreement, Cisbio Bioassays will offer BioTrove’s RapidFire MS screening service as a label-free detection method for assay development and drug screening. NextGen spun out its automation and software business in December 2008 to form eXeTek, which is led by two former […]
Edman degradation is a process for protein sequencing first discovered by the Swedish biochemist Pehr Victor Edman in 1950. The technique is characterized by cycles. In a full cycle, the N-terminus of a given peptide is labeled with the reagent phenylisothiocyanate, forming a cyclic compound. Under acidic conditions, the labeled amino acid is cleaved from […]
Billerica, MA 2/26/09—Millipore has announced the purchase of the assets associated with Epitome Biosystems’ EpiTag technology for an undisclosed price. Designed for use on Luminex’s xMAP platform, EpiTag technology utilizes informatics to develop specific and selective antibodies for intra-cellular targets. “The EpiTag technology will allow us to develop multiplex immunoassays for cellular targets that were […]
An overlooked segment of the MS market is time-of-flight (TOF) LC/MS, which will exceed $80 million in sales in 2009, excluding the much larger Q-TOF MS market. Although LC-TOF MS does not posses many of the capabilities of more expensive MS techniques, it fills an important price-to-performance segment of the market, and has the potential […]
Santa Clara, CA 2/17/09—Due to lower than expected fiscal first-quarter revenues, Agilent Technologies has announced a restructuring of its global infrastructure operations, the shut down of two small board-inspection businesses in the Electronic Measurement unit and the layoff of 600 employees. The restructuring is expected to reduce ongoing operating costs by $150 million. Agilent estimates […]
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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.
