The cosmetics and personal care market is a bright spot for many chemical companies during the recession. Univar Personal, Gelest and Rhodia are among the firms that have indicated continuing demand for cosmetic and personal care products and ingredients. However, customers are switching to more cost-effective brands and products. To continue to attract customers and […]
Farmingdale, NY 4/7/09—Misonix, a provider of ultrasonic medical device technology, has sold its Ultrasonic Laboratory business to iSonix for $3.5 million in cash. The business manufactures and markets scientific and industrial ultrasonic equipment, including the Sonicator liquid processors and cell disruptors, and generated $4.6 million in revenue in fiscal year 2008. Misonix stated that the […]
Fourth-quarter sales for the Lab Equipment/Consumables Sales Index declined 1.2% to $866.20 million, while operating profits improved 5.6% to $265.08 million. Operating margins rose 200 basis points to 30.6% of sales due to cost savings initiatives by a majority of companies in the Index. For the year, Index sales improved 7.5% to $3,557.89 million, operating […]
Although there have been some marginally portable near infrared (NIR) spectrometers available for a number of years, the market has recently taken off. This is due to the rise of more effective handheld NIR instruments. While the primary applications for portable and handheld NIR instruments are in the polymers and plastics industry, there is growing […]
Company Announcements MoBiTec GmbH agreed to distribute NIZO’s NICE (NIsin Controlled Gene Expression Systems) system for controlled gene expression in L. lactis. Luminex COO Douglas C. Bryant resigned in January to become president and CEO of Quidel. Sequenom named Allan T. Bombard, MD, to the newly created position of chief medical officer in January. Previously, […]
This year is shaping up to be a big one for Restek. In January, the company, which has provided chromatography columns and accessories since 1985, became 100% employee owned. Restek now runs under an employee stock ownership program. In February, Restek opened its first Asian office in Tokyo, Japan. Due to the change in ownership, […]
On March 11, the US Omnibus Appropriations Act of 2009 became law, funding 12 federal agencies for which Congress had not passed a budget for the fiscal year that started on October 1, 2008. Since last fall, these agencies had been funded under a continuing extension (see IBO 10/15/08). According to the American Association for […]
In calendar year 2008, Thermo Fisher Scientific retained its position as the number one provider of analytical and life science instruments and aftermarket products, according to IBO’s annual calculation of the top 30 companies. The top 30 companies generated an estimated $26.6 billion in sales of analytical and life science instruments and aftermarket products last […]
The first of IBO’s biannual new laboratory roundup focuses on the Middle East and food testing in Asia. Despite the drop in the price of oil, oil money continues to stimulate new lab growth in the Middle East. The establishment of food safety testing laboratories in Asia is a high priority for independent testing laboratories, […]
Company Announcements Bruker opened its expanded applications and technology demonstration lab in Yokohama, Japan, in February. The lab is co-located with Bruker’s R&D and manufacturing facility for X-ray analysis systems. Bruker has close to ¥10 billion ($107 million) in revenue in Japan and almost 150 employees in the country. Scottish Enterprise reported in February that […]
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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.
