Vleuten, the Netherlands/Haan, Germany 5/2/12—The Verder Group acquired elemental analyzer supplier ELTRA GmbH in March for an undisclosed amount. ELTRA had revenues of €11 million ($15.3 million = €0.72 = $1) in 2011. “We are particularly happy that the founder and Managing Director of ELTRA, Mr. Yiannakis Polemitis, will stay in the management in the […]
Lake Forest, IL 4/30/12—Health and science technologies company IDEX has acquired ERC from MH Capital Partners for ¥1.65 billion ($21 million = ¥80.23 = $1) in cash. ERC manufactures gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets, including in-line membrane vacuum-degassing solutions, refractive index detectors and ozone-generation […]
Waltham, MA 5/1/12; New York, NY 5/1/12—Thermo Fisher Scientific has acquired Doe & Ingalls Management for $175 million from Pouschine Cook, Anchor Capital Partners and management. Doe & Ingalls Management provides specialty production chemicals and customized supply chain services to the life sciences and microelectronics industries, including services for the management of risk, quality and […]
Santa Clara, CA 5/3/12—Affymetrix has announced that it amended its existing agreement to acquire eBioscience, a provider of flow cytometry and immunoassay reagents for immunology and oncology research and diagnostics (see IBO 11/30/11), and expects to complete the transaction by June 30. Affymetrix will pay $315 million in cash for the company. “By amending the […]
Although daily world events and economic indicators can affect macroeconomic growth prospects, future sales growth for instrument and laboratory product sales generally are more determined by longer-term scientific and end-market trends. Nonetheless, macroeconomic conditions can have a delayed effect on instrument and lab product sales, as they ultimately affect investment decisions by end-user industries and […]
US equity prices declined modestly in April despite strong corporate first-quarter earnings. The S&P 500 and NASDAQ slipped 0.7% and 1.5%, respectively. The Dow Jones Industrial Average was unchanged. First-quarter US GDP growth slowed to 2.2% from 3.0% in the fourth quarter of 2011. US durable goods orders for March were weaker than expected. Year […]
X-ray computed tomography (CT) is a standard imaging technique used in medicine. Outside of the hospital, CT has also found a home in the lab, primarily in the form of systems designed to analyze much smaller samples. These microCT systems provide high-quality three-dimensional imaging of samples. The technique, for either large or small samples, involves […]
Last month, PerkinElmer unveiled its Ensemble for Chemistry, one of four Ensemble suites. Ensemble for Chemistry is an electronic laboratory notebook (ELN)-based suite of applications for planning and logging experiments. End-users can input, store and analyze data. “There’s a real productivity gain because [end-users] can clone previous experiments and repeat them or change them slightly,” […]
Company Announcements In February, New England Biolabs (NEB) and Synthetic Genomics entered into a licensing agreement. NEB will introduce a master mix based on the Gibson Assembly method, which enables the rapid assembly of multiple DNA fragments using a one-step, isothermal approach. Eppendorf licensed patents covering gradient technology for thermal cyclers to Agilent Technologies in […]
Company Announcements BioServ Biotechnologies acquired the majority of Ocimum Biosolutions Inc.’s assets in February (see IBO 12/15/11), according to thedeal.com. Harvard Bioscience’s Biochrom subsidiary acquired AHN Biotechnologie, a German manufacturer of plastic consumables lab products, in February. The purchase is expected to add $2.5 million in annual revenue. In February, BellBrook Labs announced that Thermo […]
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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.
