The US EPA plans to establish the first national standard for perchlorate by proposing a formal rule. The decision, which reverses one by the Bush Administration, was made after EPA scientists’ research on the naturally occurring and man-made chemical raised concerns about potential adverse effects it may have on the thyroid. In addition to setting […]
Two companies whose lab automation businesses illustrate the evolution of the lab automation market and technologies are PerkinElmer and Agilent Technologies. Formerly, laboratory automation was primarily associated with high-throughput compound screening for drug discovery. Now, laboratory automation is an integrated feature of application-based workflows in both drug discovery and development. PerkinElmer’s Bio-discovery business includes lab […]
Millville, NJ 2/9/11—Wheaton Industries has acquired UK-based Laboratory Sales Limited (LSL), a manufacturer and distributor of tubular glass products and lab consumables. “This strategic investment further strengthens our position as a market leader of specialty packaging and related instruments for cell-based research, chemical compound, in vitro diagnostics and specialty pharmaceutical markets,” commented Wheaton Industries President […]
Radnor, PA 2/1/11—VWR International has acquired AMRESCO, a manufacturer and supplier of biochemicals and reagents for molecular biology, life sciences, proteomics, clinical and histology areas of research and production. Financial details were not disclosed. “This acquisition expands VWR’s product portfolio in the growing and critical life science arena,” stated VWR Chairman, President and CEO John […]
Franklin Lakes, NJ 2/7/11—Becton, Dickinson and Company (BD) has agreed to acquire Accuri Cytometers, a provider of personal flow cytometers for research applications. Financial details were unavailable. BD stated that the acquisition would allow it to expand into the affordable personal flow cytometer market, which includes users in developing regions and researchers in scientific disciplines, […]
Tokyo, Japan 2/1/11—The Japan Times has reported that analytical instrument company JEOL will set up a joint venture for its NMR business. The new company, JEOL Resonance, will be formed with Innovation Network, a Japanese government–backed investment fund. Innovation Network plans to invest ¥1.5 billion ($18.1 million = ¥82.76 = $1) for a 50.1% share […]
South San Francisco, CA 2/10/11—Microfluidics company Fluidigm has completed its IPO (see IBO 12/15/10), offering 5,558,333 shares of common stock at a public price of $13.50 per share. Last month, Fluidigm announced that pricing would be $13.50–$15.50 (see IBO 1/31/11). The underwriters have been granted a right to purchase up to an additional 833,750 shares […]
This year’s LabAutomation was the debut conference for the Society for Laboratory Automation and Screening (SLAS). Formed in July 2010 by the merger of the Association for Laboratory Automation and the Society for Biomolecular Sciences, the SLAS was created to take advantage of the organizations’ shared resources and opportunities, including global expansion and member diversity. […]
Washington, DC 2/7/11; Orange County, CA 2/7/11—Danaher has definitely agreed to purchase diagnostic and life science technology firm Beckman Coulter. Danaher will acquire all of Beckman Coulter’s outstanding common stock for $83.50 per share in cash, which is a 45% premium over the closing price on December 9, 2010, when rumors of a sale were […]
Ending two months of speculation, Danaher announced on February 7 an agreement to acquire Beckman Coulter (see page 2). The deal is valued at approximately $6.8 billion, including debt and net of cash acquired. This is approximately 1.8 times Beckman Coulter’s 2010 revenues. With the purchase, Danaher will become a major provider of in vitro […]
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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.
