Tokyo, Japan 5/24/12—Hitachi High-Technologies has announced an agreement to acquire SII NanoTechnology from Seiko Instruments for an undisclosed amount. Hitachi High-Technologies stated that the acquisition will enhance its core technologies, including X-ray, thermal analysis, ion optic and physical measurement technologies, as well as create synergies. SII NanoTechnology’s fiscal 2011 revenues increased 2.3% to ¥15,576 million […]
Santa Clara, CA and Glostrup, Denmark 5/17/12; Stockholm, Sweden 5/17/12—Agilent Technologies has entered into a definitive agreement to acquire cancer diagnostic firm Dako from private equity group EQT V for $2.2 billion in cash. Based in Denmark, with 2010 annual revenues of $340 million, Dako provides antibodies, reagents, scientific instruments and software primarily to pathology […]
Sales growth in developing economies, industrial markets and applied applications offset weakness in US and European academic and government markets in the calendar-year first quarter, according to the financial results of major, publicly held laboratory instrument and lab product businesses. For the eight businesses whose quarterly results are detailed on pages 9–11, total revenues for […]
New regulations adopted in January 2011 allowing shareholders an advisory vote to approve executive compensation had little impact on total disbursement last fiscal year for the top executives at the companies in the IBO Stock Indexes (see IBO 4/30/12). In fiscal 2011, total average compensation for the 40 company presidents and CEOs at the 37 […]
Clinical analysis has become a major segment of the tandem quadrupole LC/MS, as known as triple quadrupole LC/MS, market. While the majority of demand is from clinical research applications, tandem quadrupole LC/MS for clinical diagnostic use is beginning to overcome some of the barriers to widespread adoption. Clinical research applications are defined as those tests […]
Company Announcements Alpha MOS acquired Swiss firm Smart Nose, which makes an MS-based electronic nose, in January, following its liquidation, for CHF 40,000 ($43,000). Alpha MOS stated that the acquisition expands its intellectual property and its consumables offerings. In March, Prosolia exclusively licensed from the Estate of Professor John B. Fenn sample introduction and ionization […]
Company Announcements Alpha MOS’s fiscal 2011 sales for the year ending September 30, 2011, increased 22.3% to €9.9 million ($13.8 million). System sales increased 37.2%. The food and beverage sector represented 65% of revenues. Sales in the Americas grew 34%, and sales in Asia, outside of Japan, rose 27%. Japan accounted for 36% of revenues. […]
Company Announcements Thermo Fisher Scientific appointed C. Martin Harris, MD, MBA, to its Board, effective March 30. He is the chief information officer and chairman of the information technology division of Cleveland Clinic. He is also responsible for strategic business planning. Thermo Fisher Scientific named David M. Sabatini, MD, PhD, to its Scientific Advisory Board […]
First-quarter revenue growth for IBO’s Laboratory Instrument Sales Index slowed to 2.4%, 2.6% excluding currency, to $5,784 million. Operating profit climbed 8.4% to $1,251 million, and operating margin fell 90 basis points to 18.3% of sales. Financial estimates are included for Oxford Instruments, Spectris and Tecan, which have not yet reported first-quarter financial data. QIAGEN […]
Company Announcements Pioneer Hi-Bred, a DuPont business, and OligoCo (formerly Blue Heron Biotechnology) entered into a collaboration in January to develop a next-generation oligonucleotide synthesizer that provides high throughput and low error rates at a low cost. Oxford Nanopore announced in February that it will commercialize its GridION and MinION scalable, nanopore-based DNA sequencers this […]
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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.
