US equity markets recorded positive gains in January due to improved consumer sentiment, strong manufacturing data and the Fed’s announcement that it will maintain exceptionally low rates through late 2014. In addition, China reported better-than-expected fourth-quarter growth, which climbed 8.9%. As such, the Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 3.4%, 4.4% and […]
Washington, DC 1/25/12—Affymetrix announced in an SEC filing that it has agreed to settle a class-action suit brought by Tang Capital Partners, in which Tang alleged Affymetrix had violated the terms of its Senor Convertible Notes (see IBO 12/31/11). As part of the settlement, Affymetrix will commence a tender offer within two weeks to repurchase […]
Jena, Germany 1/11/12—CyBio, a subsidiary of Analytik Jena, has announced that it will propose at its shareholders meeting on April 27 to authorize the Management Board to apply to withdraw its listing from the Frankfurt Stock Exchange’s Regulated Market. Analytik Jena will make an offer to minority shareholders to purchase their shares in accordance with […]
Carlsbad, CA 1/24/12—Life Technologies has acquired Matrix MicroScience, a UK-based manufacturer of large-volume, automated sample preparation systems and consumables for food safety testing. The company’s products include the PATHATRIX AUTO system for isolating and concentrating target bacteria in food samples at high volumes. “This acquisition provides all the benefits we were looking for to address […]
Karlsruhe, Germany 1/26/12—Bruker AXS GmbH has acquired the assets of Hecus X-ray Systems, a maker of small-angle X-ray scattering systems (SAXS) based on advanced Kratky technology, for an undisclosed amount. The acquisition adds the MICROcaliX product line to Bruker AXS’s product line. “I am convinced that our expanded SAXS product portfolio that now includes our […]
Carlsbad, CA 1/16/12—Life Technologies has agreed with DaAn Gene to form Life Technologies DaAn Diagnostics, a joint venture diagnostic business in China. DaAn Gene is a Chinese molecular in vitro diagnostic solutions provider. The joint venture will develop and commercialize molecular diagnostic assays using Life Technologies’ 3500 Dx capillary electrophoresis system and Big Dye Cycle […]
San Diego, CA 1/24/12; Basel, Germany 1/25/12; San Diego, CA 1/26/12; Basel, Germany 1/27/12; San Diego 1/27/12; Basel, Germany 1/31/12; San Diego, CA 1/31/12—Roche has launched a hostile takeover bid for Illumina, following what Roche stated were multiple efforts to negotiate directly with Illumina. Roche has commenced a tender offer for shares of Illumina for […]
Last month, the EPA finalized mercury and air toxic standards for coal- and oil-fired electric utility steam-generating units (EGUs) larger than 25 MW (see IBO 12/31/11). The so-called Utility MACT (maximum achievable control technology) establishes emissions standards for air pollutants, including mercury, arsenic, chromium, nickel and acid gases. One type of instrument for which demand […]
Seeking to solidify its position in the personalized health care market and add to its research instrument business, on January 25, Roche announced a $5.7 billion unsolicited proposal to acquire Illumina (see page 2). The announcement further bolstered expectations surrounding the use of post-Sanger sequencing, especially next-generation sequencing, in clinical and in vitro diagnostic (IVD) […]
The molecular spectroscopy market is not completely immune from a slow growing economy. Accordingly, the market’s growth should drop from more than 7% in 2011 to less than 5% in 2012. All technology segments of the molecular spectroscopy market will see a decline in their growth, although some more than others. However, every technology segment […]
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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.
