Cambridge, UK and Vienna, Austria 1/8/15—Horizon Discovery has agreed to acquire Haplogen Genomics for £6.0 million ($9.1 million = £0.66 = $1) in cash and stock, and potential earn-out payments. Haplogen’s high-throughput platform generates genetically defined human cell lines at a lower cost by using haploid cells. In 2014, Haplogen generated €688,000 ($917,000 = €0.75 […]
Shanghai, China 1/9/15—WuXi PharmaTech, a provider of lab and manufacturing services for drug and medical-device R&D, has acquired NextCODE Health for $65 million in cash. NextCODE provides a genome sequence–analysis platform for clinicians and researchers, including access to the largest clinical-genetics–reference database, creating a system developed at population scale, according to WuXi. “This new venture […]
Hilden, Germany and Beverly, MA 1/11/15—QIAGEN has acquired Enzymatics’ Enzyme Solutions Unit for an undisclosed amount. The Unit develops, manufactures and is an OEM supplier of enzymes for genetic-analysis technologies, including NGS. The acquisition is expected to add $20 million of incremental net sales in 2015 and be accretive by $0.01 to adjusted diluted EPS. […]
San Diego, CA 1/12/15; San Francisco, CA 1/12/15; Washington, DC 1/12/15—At the annual JP Morgan Healthcare Conference, Illumina announced that its 2014 revenues grew 20%, following a 32% increase in the fourth quarter to $512 million. The company forecasts 2015 revenues to increase 20% and non-GAAP EPS of $3.12–$3.18. In addition, Illumina announced four new […]
The instrument industry performed well in 2014, a welcome rebound from a lackluster 2013. Although a fair degree of uncertainty reigned, a number of positive developments helped make the year a success. The most important development was the improvement of the US economy, which steadily accelerated. China also turned in good economic progress that was […]
Incubators are designed to maintain isolated space under specific environmental conditions for the growth of biological specimens. These instruments have a range of complexity, offering differing levels of control over a microenvironment. Carbon dioxide incubators are typically used in cell-culture applications where an environment that simulates physiological conditions is highly desirable. Studies have shown that […]
Third quarter reported and organic revenues for IBO’s Lab Equipment/Consumables Sales Index grew 4.5% to $4,060 million. Operating profits rose at a similar pace, advancing 4.5% to $729 million. Based on continuing operations, operating margin expanded 10 basis points to 16.4% of sales. Kewaunee Scientific’s fiscal second quarter 2015 sales ending October 31 climbed 15.9% […]
Company Announcements Sias announced in July that its cofounders and major shareholders, Clare Dench and Pius Fink, stepped down from management duties. The company also split its Commercial Operations division into a Customers and Markets division and a Development division. Andrew Alliance opened an office in Boston, Massachusetts, in August. Precision System Science (PSS) and […]
Company Announcements In August, Fluid Imaging Technologies announced a partnership with DKSH for Japan. In October, KRÜSS named DKSH as its exclusive distributor for Vietnam. In September, CANNON Instrument acquired substantially all of the assets and business operations of UK-based Ravenfield Designs, a manufacturer of rotational viscometers for the European oil industry. In October, LUM […]
Company Announcements Nabsys named Anthony Shuber as vice president and CSO in October. He was previously CTO and vice president of Ignyta. Under an October agreement with Illumina, HTG Molecular Diagnostics will have the right to develop IVD test kits that utilize Illumina sequencing technology. Sequenta and Illumina agreed in November to commercialize an IVD […]
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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.
