New York, NY 6/9/08—Fluidigm has filed a complaint for declaratory judgment and demand for jury trial in the US District Court Southern District of New York. In its filing, Fluidigm stated that the complaint is in response to a letter the company received from Applied Biosystems/Applera on June 4. The letter demanded that Fluidigm cease […]
IC Insights forecasts R&D spending by the semiconductor industry (integrated device manufacturers, fabless semiconductor companies and pure-play wafer foundries) to rise 8% this year to $49.2 billion. In the first quarter, the industry’s R&D expenditures increased 12% to $11.1 billion. In 2007, R&D spending rose 8% to $45.7 billion, or 17.9% of revenues, due to […]
According to Ernst & Young’s European Investment Monitor, the number of foreign direct investment (FDI) projects in Europe rose 5% last year to 3,712. The UK was the top destination, accounting for 19% of project announcements (713 projects), followed by France with 15%. Serbia, the Ukraine and Russia recorded the largest percentage increases in projects […]
The 56th American Society for Mass Spectrometry Conference on Mass Spectrometry and Allied Topics (ASMS) was held at the Denver, Colorado, convention center from June 1 to June 5. The ASMS meeting continued its trend of increasing attendance, which was up close to 2% to 6,569. The number of exhibitors dropped by 12 to 171 […]
Carlsbad, CA and Foster City, CA 6/12/08—Invitrogen and Applera have announced a definitive merger agreement under which Invitrogen will acquire Applied Biosystems (ABI) for $6.7 billion. The combined company will be named Applied Biosystems and is forecasted to have annual sales of $3.5 billion and a major presence in the genetic analysis, proteomics, cell biology […]
IBO has selected Waters’ new Xevo triple quadrupole LC/MS as the best new product from this year’s ASMS meeting. While this new benchtop system certainly has a modern look, consistent with its name, it is the collision cell technology on the inside that made IBO take notice. The Xevo’s novel collision cell design enables it […]
May’s inaugural meeting of the India Chemical Council highlighted the 8.9% growth for the country’s chemical industry from 2006 to 2007. The industry has revenues of $50 billion, not counting refining and fertilizers, which contribute $100 billion in sales a year. A leading sector is the pharmaceutical industry, which account for 22% by value of […]
A new study funded by the Ewing Marion Kauffman Foundation and conducted by researchers at Duke University and Harvard Law School finds that Indian and Chinese drug companies are fast developing their research capabilities, but still must partner with multinational drug makers to develop proprietary products. Among 2006 pharmaceutical patent applications, 5.5% contained at least […]
Waltham, MA 6/2/08—Thermo Fisher Scientific has acquired Chemito Technologies’ Analytical Technologies and Environment Instrumentation divisions, which together have approximately $10 million in annual revenues. Headquartered in Mumbai, India, Chemito is the country’s largest supplier of life science instruments and environmental monitoring applications, according to Thermo. The company also manufactures analytical instruments, including GCs and atomic […]
In a yearly report released earlier this month, China’s Ministry of Environmental Protection announced progress on pollution reduction. In 2007, sulfur dioxide emissions fell 4.66%. Organic pollutant emissions into water systems, which were measured by chemical oxygen demand testing, dropped 3.14%. However, other pollution rose. The percentage of coastal waters with the worst ratings for […]
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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.
