Berwyn, PA 10/17/11; Chicago, IL 10/17/11—AMETEK has acquired Reichert Technology for $150 million from private equity firm Beecken Petty O’Keefe & Company. Based in Depew, New York, with annual sales of $55 million, Reichert Technology is manufacturer of analytical instrument and diagnostic devices for the eye care market. “Reichert Technologies is an excellent acquisition, which […]

San Diego, CA 10/25/11; Washington, DC 10/26/11—Illumina announced in its third-quarter earnings release (see page 4) that it has implemented a restructuring program due to the uncertainties surrounding government and academic research funding and the global economic environment. The company expects to record the majority of a $15–$17 million restructuring charge in the fourth quarter. […]

Goettingen, Germany 10/26/11; Helsinki, Finland 10/26/11—Sartorius has agreed to acquire the Liquid Handling business of Biohit for €68 million ($95 million = €0.72 = $1) in cash. The business offers mechanical and electronic pipettes and disposable tips and has 400 employees. In 2010, the business had sales of €37.8 million ($49.7 million = €0.76 = […]

Settlement agreements highlight the second of IBO’s yearly articles on patent infringement litigation involving lab instrument and product companies (see IBO 4/30/11). In addition, new suits involving Agilent, PerkinElmer and Waters were filed. New Litigation Among the patent infringement suits initiated since April is Waters’s complaint against Aurora SFC Systems for infringement of two patents […]

The growth rate of science and engineering (S&E) research space at US biomedical institutions declined 2.2% from fiscal year (FY) 2007 to FY 2009 to comprise 21.8 million net assignable square feet (NASF), according to the NSF’s latest “Science and Engineering Research Facilities” report. The report reflects the latest in a series of surveys that […]

With improving economic data and a potential resolution to the European debt crisis, the Dow Jones Industrial Average, S&P 500 and NASDAQ jumped 9.5%, 10.8% and 11.1% in October, respectively. Economic indicators showed expanding US durable goods orders, outside of transportation, and a slightly improved housing sector. Quarterly earnings were mostly positive, and GDP growth […]

AstraNet Systems is a small company that has been able to achieve big results by applying a core technology to different applications. The UK-based company designs, manufacturers and markets standard and customized spectrophotometers, fluorimeters, radiometers and reflectance probes, all based on fiber optic–coupled CCD-array (FOC-CCDA) technology. AstraNet systems are used in life science labs, in […]

Company Announcements In July, Carl Zeiss received a license from the University of California at San Francisco for “Multidirectional Selective Plane Illumination Microscopy,” an advanced illumination technique for light sheet fluorescence microscopy (LSFM). The company is currently developing an LSFM system for multidimensional, ultrafast and long-term time lapse imaging of live specimens. Retroactive to June […]

Company Announcements Exiqon named four Centers of Excellence, which each provide services based on its products: TATAA Biocenter, Bioneer, AROS Applied Biotechnology and the Roswell Park Cancer Institute Division of Health Research. In July, New England Biolabs exclusively licensed specific SomaLogic SOMAmers as critical reagents for its current and future nucleic acid–amplification products. SOMAmers are […]