Company Announcements Agilent provided Stemina Biomarker Discovery with its 1290 Infinity UHPLC, 6530 Q-TOF MS and Mass Profiler Professional software to help accelerate Stemina’s metabolomic analysis of stem cells for the discovery of biomarkers for use in drug screening and development. Shimadzu Scientific Instruments partnered with Advanced Chemistry Development (ACD) to bring together LCMS-IT-TOF MS […]
Australian business expenditure on R&D (BERD) for the financial year ended June 30, 2009, was AUD $16.9 billion ($16.3 billion), an increase of 13% in current price terms and 9% in constant prices. BERD as a proportion of GDP increased from 1.26% to 1.34%. Capital expenditures other than land, buildings and other structures totaled AUD […]
Following news that the country is spending less on R&D than previously thought, Chile’s new government plans to improve R&D spending. Chile’s R&D investment, which was almost 0.7% of the GDP in 2004, was only 0.4% in 2008. A recent survey estimated the 2009 percentage may have been even lower because of the global financial […]
Chinese researchers’ initiatives could put them ahead in international efforts to build a complete catalog of human proteins. In January, the Human Proteome Organization (HUPO) made strides toward the effort by coordinating the Human Proteome Project (HPP), whose goal is to identify the approximate 21,000 proteins encoded by the human genome, offer a detailed description […]
Contract research organizations (CROs) are increasingly entering into long-term contracts with pharmaceutical companies under which they provide multiple services. GlaxoSmithKline has just announced negotiations with Parexel International for such a partnership and stated that it plans to reduce the number of the CROs it works with from 30 to a few. Parexel also has long-term […]
Worldwide semiconductor capital equipment spending is projected to approach $36.9 billion in 2010, a 122.1% increase. Strong spending by the foundry and logic segments of the market, combined with a technology upgrade for memory manufacturers, has led to capital expenditure currently being above 95%, quite an increase from 2009, when it dropped 41.2% to $16.6 […]
US equity markets soared in September following positive corporate results, renewed M&A activity, lower unemployment claims, increased consumer spending and better-than-expected manufacturing data. In addition, on September 20, the National Bureau of Economic Research officially confirmed that the US recession ended in June 2009, further arousing investors’ optimism. As a result, the Dow Jones Industrial […]
Singapore and Hong Kong, 9/30/10—Lab product manufacturer and distributor Techcomp has announced that it plans to expand its presence in the Chinese health care market. The company will introduce new diagnostic products, including a CE-marked microplate reader and automatic immunoassay system. In addition, Techcomp will establish a new division in its sales channel for the […]
Washington, DC 9/21/10; Washington, DC 9/29/10—In a filing with the SEC, Sequenom disclosed that former CFO Paul Hawran has amended a lawsuit to add the company as a defendant. The amended suit adds claims of breach of conduct and negligent misrepresentation. In August, Mr. Hawran filed suit in the Superior Court of California for the […]
Cary, NC 9/24/10—SciQuest completed its IPO on the NASDAQ stock exchange (see IBO 3/31/10) on September 24. The company offered six million shares of its common stock at $9.50 per share. Underwriters were granted the option to purchase up to an additional 900,000 shares by certain selling stockholders. SciQuest provides on-demand software for strategic procurement […]
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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.
