Thailand’s food safety testing equipment market grew 4% last year to $377 million. Over the next three years, the market is estimated to grow 3%, driven by demand for diagnostic or lab reagents, lab instruments (including protein and fat analyzers, gas analyzers, incubators, freezers, microscopes, physical and chemical analysis instruments, lab sterilizers) and floating meters […]
A new program coordinated by the World Health Organization’s Regional Office Africa and the US President’s Emergency Plan for AIDS Relief seeks to accelerate the accreditation process for African laboratories. Volunteers from the American Society of Clinical Pathology and the Clinton HIV/AIDS Initiative will train lab workers for accreditation in an effort to improve lab […]
The Taiwanese government’s National Development Fund has announced plans to invest TWD 24 billion ($731.7 million) to develop the country’s domestic biotechnology industry, including TWD 60 billion in funding next year. Private investments in the program are expected to be TWD 36 billion. In addition to the TWD 3 billion limit on funding from any […]
A new pilot program implemented by the National Health Service’s (NHS) Department of Health will train NHS scientists in genetic testing, including diagnostic tests and tests for prescription drugs. The scientists will then be able to advise doctors and their patients on DNA testing choices and the interpretation of test results. The £4.5 million ($7.4 […]
According to a survey and analysis by the Organization for Economic Co-operation and Development (OECD), investment in innovation and long-term growth is a priority of OECD nations’ economic stimulus packages. Such investments can be grouped into five themes: infrastructure improvements; R&D, science and innovation support; education and human-capital investments; investment and promotion of green technologies; […]
Despite lower earnings last year for US, European and Asian chemical companies, R&D spending increased and capital spending was mixed. Total aggregated capital spending in 2008 among the 21 US chemical firms tracked by Chemical & Engineering News increased 18.6% to $10,782 million. Last year, R&D spending for these 21 chemical companies increased 6.0% to […]
Several prestigious US universities are cutting back on expenses following endowment losses. University endowments declined 24% in the second half of 2008, according to the Commonfund Institute. The endowment for Harvard University, the richest US university, contributed 35% of the school’s annual revenue last fiscal year, but lost 30% of its value in fiscal 2009. […]
Perhaps the most enthralling display of fireworks in July was seen on Wall Street as the equity markets exploded on the upside. The Dow Jones Industrial Average, S&P 500 and NASDAQ ended the month up 8.6%, 7.4% and 7.8%, respectively. The sharp rise was ignited by earnings optimism as Goldman Sachs and Intel announced better […]
Bangalore, India 7/31/09—Bruker has established Bruker Labmate, a joint venture for MS between Bruker Daltonics and Indian lab product distributor LabMate Asia. Bruker is the majority owner. “Adding to our training and applications strength in India is the logical next move to ensure our customers succeed as quickly as possible in this very exciting and […]
Carlsbad, CA 7/28/09—Life Technologies disclosed in its second-quarter earnings report that is has acquired Cytonix for its intellectual property related to its digital PCR technology. Life Technologies stated that it plans to license the technology and commercialize it. Applications for the commercialized technology could include next-generation sequencing library quantification and molecular diagnostic assays. The company’s […]
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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.
