As IBO noted in its annual review of instrument and lab product company acquisitions (see IBO 11/15/09), the number of acquisitions picked up as 2009 progressed. This pace could continue, according to indications from several major companies. QIAGEN CFO Roland Sackers told Bloomberg in November that the company could spend as much as $200–$500 million […]
Company Announcements ThalesNano appointed former New York Governor George Pataki to its Board of Advisors in September. ThalesNano named Donau Lab AG as a distributor for central Europe, Russia and the Commonwealth of Independent States. In October, Sigma-Alrich announced a distribution agreement for ThalesNano’s complete line of approximately 400 CatCart catalyst products for flow chemistry. […]
Company Announcements Royal Philips Electronics and Bruker BioSpin signed a memorandum of understanding in September for the development of a Magnetic Particle Imaging (MPI) scanner for the preclinical market. Bruker would manufacture the product, which both companies would comarket. MPI uses the magnetic properties of iron-oxide nanoparticles. Bruker BioSpin signed a memorandum of understanding with […]
Canadian R&D spending is expected to grow 1.2% next year to CAD 29,854 million ($28,271 million). By performing sector, the federal government’s R&D spending is expected to rise 3.3% to CAD 2,692 million. Private nonprofits’ R&D spending is estimated to increase 3.2% to CAD 194 million. R&D expenditures by business enterprises, higher education, and provincial […]
Company Announcements Genetix’s first-half revenues grew 13.7% to £14.1 million ($20.9 million). Operating profit rose 59.7% to £1.2 million ($1.8 million) (see IBO 8/31/09). Sales for the clinical instrument business grew 12% to £4.8 million ($7.1 million), cell biology sales rose 20% to £4.0 million ($5.9 million), genomics-based instrument sales increased 17% to £2.1 million […]
South Korea’s Ministry of Knowledge Economy has announced that the country plans to spend $866 million by 2018 on 10 “premier materials.” The 10 materials will be selected in January 2010, but are likely to include titanium alloys, nano-glass and polyelectrolytes. The plan is part of the country’s overall effort to increase R&D spending, which […]
Ali al-Naimi, Saudi Arabia’s oil minister, has announced that the country will invest $100 billion in the production and refining of oil and gas. To meet rising demand from Asia, the country plans to double its refining capacity over six years. Currently, more than half of the country’s exports of oil, gas, and oil products […]
Gartner estimates that semiconductor industry capital spending will decrease 42.6% in 2009 to $25,272 million. However, next year, the industry’s capital spending is forecasted to rebound, growing 45.3% to $36,728 million due to technology upgrades. Capital equipment spending by the semiconductor sector is expected to decline 46.8% to $16,297 million in 2009. In 2010, it […]
The number of research papers published by Chinese scientists has increased dramatically since the mid-1990s. In 2008, the country’s researchers published 112,000 papers, making it the nation with the second-highest number of scientific publications, behind the US. Analyzed according to Thomson Reuters’ “Essential Science Indicators,” the top-three fields for Chinese publications were materials science, chemistry […]
According to a new report from PricewaterhouseCoopers (PwC), the US market for personalized medicine will have a compound annual growth rate of 11% between 2009 and 2015. The market is currently estimated at $225–$232 billion and is expected to reach $344–$452 billion by 2015. PwC defines personalized medicine as: “products and services that leverage the […]
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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.
