First-quarter 2009 Life Science Index sales grew 12.3%, 9.3% on a currency-neutral basis, to $2,788.36 million. Operating profit soared 27.4% to $615.14 million, while operating margin gained 270 basis points to 22.1% of sales due to product introductions and continued cost-saving initiatives. Of the 14 Index companies, Tecan was the only company for which first-quarter […]
Washington, DC 6/2/10; San Diego, CA 6/2/10—The SEC has charged Elizabeth A. Dragon, former senior vice president of R&D at Sequenom, with making false statements to investors. The statements were in connection with the genetic test that Sequenom was developing for noninvasive prenatal detection of Down’s syndrome (see IBO 9/30/09). The SEC charges that she […]
Stockholm, Sweden 5/17/10; Hopkinton, MA 5/17/10—Biotage has agreed to purchase Caliper Life Sciences’ RapidTrace and TurboVac product lines for $16.5 million in cash. In 2009, the product lines generated $9.5 million in sales. The RapidTrace SPE Workstation is a high-throughput solid phase extraction platform. The TurboVac Concentration Evaporator Workstations are microprocessor-controlled concentrators for automated sample […]
Washington, DC 6/10/10; Washington, DC 6/15/10—Certara, which Symyx Technologies has identified as the competitor that submitted a rival bid for the company (see IBO 5/31/10), has revoked its offer of $6.75 per share. Symyx stated that because there is now no superior proposal to Accelrys’s offer, it has terminated discussion with Certara.
Carlsbard, CA 5/28/10; Regensburg, Germany 5/28/10; Carlsbad, CA 6/2/10—Following the completion of its tender offer, Life Technologies has acquired a 74% stake in GENEART AG, a producer of synthetic genes (see IBO 4/30/10). “Through Life Technologies, GENEART will be able to materially expand its impact through enhanced distribution and commercial capabilities in the United States, […]
Pittsburgh, PA 6/11/10—Wheaton Industries, a manufacturer and repackager of lab supply and packaging products, has been acquired by PNC Equity Partners. Financial details were not disclosed. Wheaton provides laboratory products including glass vials, plastic containers and accessories, and sells directly to specialty OEMs and diagnostic instrument companies. “We were particularly attracted to Wheaton’s growth prospects, […]
These are exciting times for micro computed tomography (microCT) scanning for in vivo animal–imaging. Traditional microCT scanning is an X-ray technique in which multiple in vivo images are taken of animals and mathematically combined to form a three-dimensional image of the subject. Systems are generally used in evaluations of potential drug compounds for safety and […]
Dealers, auctioneers and brokers, as well as instrument companies themselves, offer pre-owned systems at a discount to new systems. Nearly any category of analytical instrumentation is available in various conditions: refurbished, “as is,” and, in some cases, barely used. Savings are wide ranging, and depend not only on the age and condition of the particular […]
Major publicly held analytical instrument and laboratory product companies experienced healthy sales growth in the first quarter of the calendar year—quite a change from a year ago and further evidence that market demand is steadily recovering. Sales to academic, government and applied markets were good, and industrial markets showed signs of life. However, pharmaceutical and […]
The metals industry makes use of a number of specialized analytical tools to determine the composition of samples. While arc/spark optical emission spectroscopy is probably the technique that is most associated with metals analysis, dedicated inorganic combustion analyzers are also heavily in demand. These instruments typically measure a small number of individual elements. Some metal […]
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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.
