First-quarter revenues for IBO’s Laboratory Instrument Sales Index declined 2.4% to $4,863 million. Operating profit improved 2.0% to $849 million, and operating margin climbed 80 basis points to 17.5% of sales. Revenues were adversely affected by the economic slowdown and, for US firms, by the higher valuation of the US dollar. A majority of companies […]
Auger electron spectroscopy is an analytical technique that provides the atomic composition of near-surface layers in various materials science applications. The technique is based on the Auger effect, which occurs when a high-energy electron or X-ray removes an inner electron from an atom in the sample. When another electron makes a quantum transition to fill […]
Columbus, OH 4/30/09—Mettler-Toledo has announced an expansion of its $40 million cost savings program that began in the fourth quarter of 2008 in response to the economic downturn. The program will now aim for $100 million in annual savings, including a $50 million reduction in personnel costs. In total, the company plans to reduce its […]
In fiscal 2008, average short-term and long-term compensation for 56 executives at 44 analytical instrument and laboratory product companies in IBO’s three Stock Indexes (see IBO 4/30/09) increased, according to the latest results of IBO’s annual Executive Compensation Survey. Average total short-term compensation grew 5.1% to $1,199,310, while average total long-term compensation rose 13.2% to […]
Company Announcements In January, Sigma-Aldrich’s SAFC Pharma business began operations at its new 7,000-square-foot lab complex in Carlsbad, California. The facility augments SAFC’s biologics and assay-development capabilities. MDS Analytical Technologies’ first-quarter sales for the quarter ended January 31 declined 27% to $85 million, including a 9% decline in revenue due to foreign-exchange effects (see IBO […]
Waltham, MA 5/5/09—PerkinElmer has acquired Analytica of Branford, a provider of MS and ion source technology, for approximately $24.0 million in cash. “The acquisition of Analytica will allow us to offer our customers access to critical technologies such as time-of-flight and quadrupole mass spectrometers and new ion sources that provide more complete information as well […]
Lansing, MI 5/4/09—Neogen, a supplier of food and animal safety testing products, has acquired International Diagnostic Systems (IDS). IDS offers immunoassay test kits for the detection of drug residues in food and animal feed and drugs in forensic and animal samples. IDS generated revenues of $2 million in its most recent fiscal year. Terms were […]
Field flow fractionation (FFF) has existed for more than 40 years and is primarily used for the separation and characterization of large particles; however, it has not reached the popularity of other separation techniques for this application. FFF works much like LC, but uses a thin flow channel instead of a column. In place of […]
Company Announcements Chromatide announced further investments by Enterprise Ventures and Alliance Fund Managers. GE Healthcare is collaborating with Celestial Biologicals to set up India’s first GMP-compliant fully integrated chromatography-based plasma fractionation facility. The facility is based in Ahmedabad. Agilent is providing technical support for the development of Aurora SFC Systems’ Fusion A5, which converts HPLC […]
Since 2006, the Japanese government has steadily invested in neuroscience research. On an annual basis, the government provides ¥30 billion ($290 million) to brain science, or 7% of its budget for the life sciences. Efforts include the formation by the Ministry of Education, Culture, Sports, Science and Technology’s Council for Science of a Brain Science […]
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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.

