An online survey of 800 chemical industry executives conducted by ICIS and Genomatica in May indicates that sustainable chemistry is gaining momentum. Fifty-seven percent of respondents stated that their companies are already conforming with green chemistry practices, and 47% of respondents said their companies are using renewable feedstocks in manufacturing. Green chemistry is a priority […]
Generic drug firms are facing a tougher business environment. In efforts to cut spending, some European countries, have recently reduced the prices they pay for generics. As a result, generic makers are less likely to bid for the contracts, which has allowed the makers of branded drugs to secure the contracts and make a profit […]
Biologics will account for seven of the top 10 selling drugs in five years and half of the top 100 selling drugs, according to EvaluatePharma. Last year, five of the 10 top selling drugs were biologics and 28% of the top 100 were biologics. Of the biologics in the top 5 in 2014, five are […]
The semiconductor equipment market should begin to improve later this year, having reached bottom in the second quarter. Capital spending by the semiconductor industry is estimated to decline 44.8% this year to $24.3 billion, before rebounding in 2010 to grow 20.9% to $29.4 billion. Capital equipment spending is expected to fall 45.8% this year to […]
Employment at instrument and lab product firms can be expected to decline this year. Numerous companies announced layoffs and hiring freezes in the fourth quarter of 2008 (see IBO 2/28/09) in response to a sharp and sudden downturn in sales, including Varian (see IBO 1/31/09) and Mettler-Toledo (see IBO 3/15/09). In 2009, so far, the […]
June began with renewed economic optimism as data for May came in slightly better than expected. The markets were even reassured following the bankruptcy filing of GM on June 1. Although some market euphoria can be attributed to positive financial media spin, many observers believe the macroeconomic environment is improving and that the US will […]
San Diego, CA 6/22/09; Washington, DC 6/25/09—The US District Court for the Southern District of California has dismissed Beckman Coulter and Orchid Cellmark’s patent infringement suit against Sequenom (see IBO 6/15/08), following the parties’ stipulation for dismissal. Sequenom stated that the patent infringement action was dismissed with prejudice, meaning it cannot be brought again, and […]
Guildford, UK 6/26/09; London, UK 6/26/09—IDBS, a provider of data management solutions, has agreed to acquire InforSense for £5 million ($8.2 million = £0.61 = $1 ) in cash. InforSense supplies integration technologies and web-based interactive analytics. “This is a major enabling step towards becoming the number one informatics partner of R&D worldwide,” commented Neil […]
Chalfont St. Giles, England and Menlo Park, CA 6/30/09; Cambridgeshire, UK 6/25/09—GE Healthcare has entered into an exclusive license and alliance agreement with biopharmaceutical firm Geron to develop and commercialize cellular assay products derived from human embryonic stem cells (hESCs) for use in drug discovery, development and toxicity screening. GE has licensed Geron’s intellectual property […]
Bridgewater, NJ 6/30/09; Carlsbad, CA 6/30/09—LabVantage Solutions, developer of the SAPPHIRE LIMS, has agreed to acquire the SQL*LIMS business from Applied Biosystems, a unit of Life Technologies, for an undisclosed amount. The SQL*LIMS is an enterprise LIMS. LabVantage will continue to support SQL*LIMS product and customers. “While the LIMS business is an important asset 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.

