China’s pharmaceutical industry output is expected to grow 20% annually, surpassing CNY 3 trillion ($460.44 billion) in 2015, according to a 12th Five-Year Plan for the industry, which is slated to be published in May. According to Chinese Pharmaceutical Enterprises Association President Yu Mingde, the plan aims for the 100 manufacturers with the highest sales […]
A second meeting regarding science and technology in Latin America took place in March in Mexico, resulting in a plan to enhance the region’s collaborative research. Representatives from 18 Latin American and Caribbean nations attended the meeting. The plan urges policy makers to classify projects for regional collaboration. It also encourages a record of scientific […]
Although mining companies’ profits in 2010 reached an all-time high of more than $50 billion, and the companies are investing to increase their supplies of major raw materials, it probably will not be enough to accommodate strong demand or curb rising commodity prices. Mining companies are increasing capital investment but face numerous obstacles in developing […]
In late April, the NIH released a list of cuts to grant awards in the wake of the final fiscal year 2011 budget. The $30.9 billion allocated to the NIH for fiscal 2011 is almost 1% less than what the agency received in fiscal year 2010. All modular and nonmodular noncompeting research-grant levels from NIH […]
Upon their creation in 2006, induced pluripotent stem (iPS) cells were intended to be a less controversial alternative to stem cells, since they were created in a lab instead of by the destruction of embryos. However, several recent studies have shown them to be a less optimal choice. The iPS cells died faster and were […]
The declining US dollar and strong corporate profits propelled US equity markets to new multiyear highs in April. The Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 4.0%, 2.8% and 3.3% for the month and are up 10.7%, 8.4% and 8.3% for the year, respectively. Yet, despite strong market activity, economic data remained ominous. […]
Minneapolis, MN 4/4/11—Techne’s R&D Systems division has acquired the assets of Boston Biochem and its European distributor for an undisclosed amount. A developer and manufacturer of ubiquitin-related research products, Boston Biochem had 2010 sales of $2.5 million. The acquisitions are expected to be dilutive to Techne’s fiscal 2012 net earnings by less than $0.02 per […]
Newark, CA 4/19/11—Security solutions provider Morpho Detection has agreed to acquire Syagen Technology, a provider of MS technology for security applications and the developer of the PhotoMate line of atmospheric pressure photoionization ionization (APPI) MS sources. Financial details were not disclosed. “Syagen’s unique mass spectrometry technology combined with Morpho Detection’s patented Ion Trap Mobility Spectrometry […]
Radnor, PA 4/18/11—Laboratory distribution and supply company VWR International has agreed to acquire Anachemia Canada and its affiliates for an undisclosed amount. Based in Montreal, Canada, Anachemia Canada is a distributor of chemicals, laboratory supplies and equipment in the US, Canada, Latin America and Mexico as well as a worldwide exporter. “VWR’s acquisition of Anachemia […]
Phillipsburg, NJ 4/26/11—Laboratory chemical provider Avantor Performance Materials (formerly Mallinckrodt Baker) has agreed to acquire Polish lab chemical and equipment supplier POCH from Kulczyk Holding for an undisclosed amount. POCH manufactures products for use in instrument analysis, filtration and microbiology, including high-purity and anhydrous solvents. The company also sells lab equipment and lab glass products. […]
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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.
