Seahorse Bioscience was founded in 2001 with the purpose of developing products to measure drug-induced metabolic changes. The company’s focus shifted, however, when it became clear that there was a need to update the standard technology for cellular bioenergetic measurement in diabetes and obesity research. Clark electrodes, or variations of Clark electrodes, have been used […]

Toronto, Canada 2/2/09; New York NY 10/30/08—MDS announced that is has formed a committee of independent directors to support its review of alternatives for improving shareholder value. MDS has hired Goldman, Sachs & Co. and RBC Capital Markets as financial advisors. In an October 2008 press release, Obrem Capital Markets disclosed its discussions with MDS […]

Only half of the 21 companies in the IBO Laboratory Sales Index reported fourth-quarter earnings before the publication of this issue of IBO. For the 11 companies, revenues improved 1.0%, operating profits grew 3.5%, and operating margins improved 60 basis points to 21.9% of sales. Companies, such as Ilumina, Luminex and QIAGEN, sustained strong sales […]

Company Announcements The Mathworks opened an office in Bangalore, India, in November 2008. PerkinElmer integrated its LABWORKS LIMS with Labtronics’ LimsLink and LimsLink Express software. Geospiza acquired VizX Labs’ GeneSifter Data Analysis for gene expression analysis from in November 2008. Ocimum Biosolutions agreed to distribute Clarmon’s QAvalid compliance management solution for automating quality and compliance […]

According to a December 2008 survey by Clinical Laboratory News, the US recession is taking a toll on clinical labs. The e-mailed survey received 254 responses with 63%, 20% and 16% of respondents representing hospital labs, academic medical centers and reference labs, respectively. Thirty-three percent of survey respondents indicated that their labs’ budgets had been […]

Waltham, MA 2/3/09—PerkinElmer has acquired Opto Technology, a supplier of light-emitting diode (LED) based components and subsystems, for an undisclosed amount. The purchase adds optical subsystems to PerkinElmer’s high brightness LED components portfolio, part of PerkinElmer’s Environmental Health business. “The addition of Opto Technology expands PerkinElmer’s presence in the solid state specialty lighting marketplace and […]

Despite their oil resources, Middle Eastern countries are making record investments in clean energy, targeting R&D and green manufacturing in order to maintain their leadership in energy. Masdar, near Abu Dhabi, will produce zero carbon emissions and be home to an MIT satellite campus as well as a research park. According to CH2M’s Nancy Tuor, […]

According to the National Science Foundation’s (NSF) Tokyo Region Office, the Japanese science and technology budget (S&T) for fiscal year 2009 beginning April 1 is ¥3,554.8 billion ($35.5 billion), flat with the prior year. The lack of a substantial decrease in a year when government budgets were substantially cut is indicative of Japan’s commitment to […]

Company Announcements Proxeon integrated its EASY-nLC system software with Thermo Fisher Scientific’s Xcalibur software and became a Thermo Fisher Scientific Virtual Instrument Partner. Varian and Flora Research Laboratories formed an alliance in October 2008 to advance the implementation of LC/MS for complex dietary supplement analysis. JASCO released drivers for Applied Biosystems/MDS Analytical Technologies’ Analyst software […]

Milford, MA 2/2/09—Waters announced that it has acquired the remaining outstanding capital stock of Thar Instruments for an undisclosed amount. Based in Pittsburgh, Pennsylvania, Thar Instruments is a manufacturer of supercritical fluid chromatography (SFC) systems and products, with annual revenues of approximately $18 million. The acquisition is estimated to be neutral to Waters’s 2009 earnings. […]