Stockholm, Sweden 9/24/10; Stockholm, Sweden 9/29/10—Valedo, a Swedish private equity fund, has acquired a majority stake in Perten Instruments AB for an undisclosed amount. Minority owners include Perten management, the Board and Jan Perten, former co-owner. Perten Instruments supplies instruments for analysis and quality control of food, grain, flour and feed, including NIR analyzers and […]
Los Angeles, CA 9/8/10—Phenomenex, a supplier of LC columns and sample preparation consumables, has filed suit against Waters in US District Court for the Central District of California. In its complaint, Phenomenex alleges false advertising and unfair competition related to Waters’s promotional material that makes statements about the performance of certain Waters’s LC columns in […]
San Jose, CA 9/20/10—Publicly held RAE Systems has agreed to be acquired by Battery Ventures, a multistage investment firm. Battery Ventures will pay $1.60 per share, which is a 53.8% premium over RAE Systems’ closing stock price on September 17. RAE Systems provides gas detection systems for real time safety and security threat detection. “RAE […]
The second of IBO’s biannual new laboratory roundup primarily focuses on chemical, consumer and government research. The table on page 3 highlights new labs in the energy, food and pharmaceutical industries. Many companies are expanding their facilities in Asia in the hopes of strengthening their presence and increasing sales. Merck opened its Material Research Center […]
In IBO’s second part of its annual examination of new and existing litigation among analytical instrument and lab product companies (see IBO 4/30/10), we report on new suits involving third-generation sequencing technologies, as well as one case that may be headed for the Supreme Court. Settlements With the trial set to begin in November in […]
FT-Raman instruments have been used for laboratory analysis in myriad industries since they were introduced in the 1980s. These industries include finished polymers, pharmaceuticals and certain specialty chemicals. Raman instruments have not been as successful for process measurements outside the laboratory due to Raman’s technical limitations, such as sampling issues and fluorescent interferences, according to […]
A September report by the World Intellectual Property Organization (WIPO) shows that innovative activity and demand for intellectual property rights decreased during the global economic crisis, but is now returning. In 2008, the number of patent application filings increased 2.6%, the slowest rate since the early 2000s, but the number of Chinese patent applications grew […]
Fifty-eight biopharmaceuticals were approved by the US and the EU from January 2006 to June 2010. These include 30 hormones, growth factors and other regulatory molecules; 13 mAb-based products; four blood-related proteins; two subunit vaccines; and nine other biopharmaceuticals, including fusion proteins and therapeutic enzymes. Twenty-five of these products were new biopharmaceuticals, as opposed to […]
When the US stimulus ends September 30, academic research could suffer. The NIH has funded 18,568 biomedical research projects with the $8.2 billion it received over two years from the stimulus. Its annual grant and contract budget could drop by about 15%, going by this year’s appropriation of $26.2 billion. Universities that have received the […]
A new nationwide research initiative, launched by the National Institute of Allergy and Infectious Diseases, a division of the National Institutes of Health (NIH), hopes to improve vaccines and therapeutics. The NIH will allocate $100 million over five years to conduct the research at six Human Immune Phenotyping Centers—Baylor Research Institute, Dana-Farber Cancer Institute, Emory […]
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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.
