Company Announcements Helicos BioSciences President Steven J. Lombardi resigned in February, and CEO Ronald A. Lowy was named president. DNA sequencer developer Pacific Biosciences launched a partner program in February. Among the 11 initial partners are Agilent, Caliper Life Sciences, Fluidigm, NuGEN Technologies and RainDance Technologies. Gyros AB signed an exclusive distribution agreement with SCRUM […]
Company Announcements As part of a global strategic collaboration, Micromeritics is codistributing Surface Measurement Systems products in China. Biolin Scientific appointed Jan Wahlström, deputy CEO and COO, as CEO in March. HEL granted Particulate Systems, a Micromeritics Instrument brand, exclusive global distribution rights to its Subsieve AutoSizer in February. Particulate Systems was granted exclusive distribution […]
BioSystem Development’s Assay MAP MAb Titer is the company’s first application-specific product. It is primarily used for optimizing monoclonal antibody cell culture during process development. The MAb Titer is a miniature spin column in a cartridge format, containing 192 packed beds. First, the cartridge is wetted with 5 µL of protein A resin, an antibody […]
Company Announcements Cresset created the Versaphor desktop-applications division to supply tools based on its Fields (the 3D surface and electrostatic properties of molecules) technology to medicinal chemists, patent teams and others. CAMO Software opened an office in Yokohama, Japan, in March. Ingenuity Systems named Molecule Scientific its exclusive distributor for Taiwan, and Biodiagnostics a distributor […]
Volatility reached new levels this month as the European debt crisis unnerved investors. On May 6, the Dow Jones Industrial Average plummeted nearly 1,000 points intraday, and closed down 3.2%. International markets faced similar declines as France’s CAC-40 index tumbled 4.6%, Germany’s DAX fell 3.3%, Britain’s FTSE 100 dropped 2.6% and Japan’s Nikkei fell 3.1%. […]
IBO has selected Shimadzu’s AXIMA MegaTOF MALDI-TOF MS as the product of the show at this year’s ASMS meeting. While new introductions and improvements of triple quadrupole and Q-TOF LC-MS were impressive, the MegaTOF opens up new areas of MS analysis. The MegaTOF is a linear TOF built around the use of CovalX’s high mass […]
Cambridge, MA 5/17/10; Washington, DC 5/17/10—DNA sequencer provider Helicos BioSciences has announced a restructuring plan and strategic shift. The company will now focus solely on molecular diagnostics and has exited the genetic research market. The operational restructuring eliminated 40 positions, or half of the company’s workforce, during the second quarter. “In particular, our technology’s ability […]
Washington, DC 5/5/10; Washington, DC 5/21/10; Washington, DC 5/27/10—Symyx Technologies, which last month entered into a merger agreement with Accelrys (see IBO 4/15/10), announced in SEC filings that a competitor has updated its merger proposals initially made during Symyx’s negotiations with Accelrys. The latest revised offer, made on May 24, is for $6.75 per share […]
Billerica, MA 5/19/10—Bruker has completed the acquisition of Varian’s ICP-MS, laboratory GC and triple quadrupole–GC instrument product lines (see IBO 3/15/10), which make up the new Chemical Analysis Division (CAD), part of the Bruker Daltonics MS business (see IBO 4/15/10). More than 250 former Varian staff have joined Bruker as a result of the acquisition. […]
Dublin, Ireland 5/26/10; Phillipsburg, NJ 5/26/10—Covidien has agreed to sell its Specialty Chemicals business to an affiliate of private equity firm New Mountain Capital for a cash purchase price of $280 million. Fiscal 2009 sales of Specialty Chemicals products totaled $414 million. The Specialty Chemicals business manufactures and supplies high-purity chemicals to the lab, pharmaceutical […]
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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.
