On January 15, Japan’s Cabinet Office approved a ¥10.3 trillion ($128.8 billion = ¥80 = $1) economic stimulus package. The stimulus package is the second largest in the country’s history, according to Nature, and comes on the heels of Japan’s Liberal Democratic Party resuming power following the December 2012 election. The stimulus package is expected […]
Amersham, UK 1/23/13—Halma has acquired Hong Kong-based Thinketron Precision Equipment, its Chinese subsidiary Baoding Longer Precision Pump and its US subsidiary Langer Instruments. The acquisition price was £23.7 million ($37.6 million = £0.63 = $1) and deferred compensation of £3 million ($5 million). The company supplies peristaltic pumps, syringe pumps, gear pumps and pump accessories […]
Washington, DC 11/5/12; Washington, DC 12/28/12—Singulex has withdrawn its filing for an IPO (see IBO 10/15/12) on the New York Stock Exchange, citing current marketplace conditions. Singulex provides immunoassay technology for life science research and diagnostics. The company had intended to publicly offer 4,375,000 shares at a price of $15–$17 per share for net proceeds […]
Mülheim an der Ruhr, Germany 1/7/13; Llantrisant, UK 1/20/13— Schauenburg International Group, a technology business, has acquired a majority stake in Markes International for an undisclosed amount. Markes management are co-owners. Markes is a provider of thermal desorption technology, and its ALMSCO division supplies TOF-MS systems. All employees and management will remain with the company. […]
Carlsbad, CA 1/22/12—Life Technologies has acquired Netherlands-based BAC, a provider of protein purification products, including affinity ligands, for biopharmaceutical research and manufacturing. Financial terms were not announced. “Our acquisition of BAC BV positions Life Technologies as a leading provider of end-to-end solutions that are widely utilized in the bioprocess workflow,” said Tony Hunt, head of […]
Carlsbad, CA 1/18/13—Life Technologies announced that its Board has retained Deutsche Bank Securities and Moelis & Company to assist in its annual strategic review. The Board has not decided on any specific course of action.
The Society for Laboratory Automation and Screening’s (SLAS) 2013 conference took place January 12–16 at the Gaylord Palms Resort and Convention Center in Orlando, Florida. Orlando was the location of a past conference of the Society for Biomolecular Sciences, one of SLAS’s forebearers (see IBO 2/15/12). Alas, this is the conference’s last stop in Florida […]
Japanese R&D funding increased last fiscal year for the first time in four years. The country’s total R&D spending rose 1.6% in fiscal 2012 (ending March 31, 2012) to ¥17,379 billion ($217.2 billion = ¥80 = $1), according to the annual R&D survey of the Statistics Bureau of Japan’s Ministry of Internal Affairs and Communications. […]
US equity prices flourished to start the year as fears over the fiscal cliff diminished. The US Congress agreed on income tax rates and temporarily resolved the debt ceiling issue. In addition, economic figures continued to advance and corporate earnings were mostly ahead of expectations. Despite a negative 0.1% fourth-quarter US GDP due to lower […]
Newly elected President Enrique Peña Nieto plans to create a scientific road map for the nation. The road map will aim to increase funding for science to a minimum of 1% of GDP, compared with the current figure of 0.4%. The road map will also seek to create a closer collaboration between academic institutions and […]
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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.
