Three of China’s largest food companies—New Hope Group, COFCO Group and Wilmar International—have joined the Australia-Sino 100-Year Agricultural and Food Safety Partnership (ASA 100), initiated by Australian billionaire, and owner of Harvey Beef, Andrew Forrest. A goal of the partnership is to establish Australia as China’s “friendliest, largest, most reliable, highest quality, most competitive, most […]
An evaluation of research departments by Portugal’s Science and Technology Foundation (FCT) will change the funding level of many labs. Conducted every five years, the FCT’s evaluation of 322 research “units” rated 22%, 26% and 52% of them as fair or poor, good, and very good or better, respectively. Those rated at the lowest level […]
The Chinese Food and Drug Administration is permitting the use of medical products for genetic testing of birth defects, which it banned in February (see IBO 4/15/2014). The government explained difficulties in regulating the quality of testing and the excessive fees charged by some test providers as reasons for the ban. Since 2011, products for […]
Mycoplasma contamination of cell cultures has been a concern for decades. Contamination is often not visually apparent, and antibiotics commonly used in tissue culture are ineffective against the bacterium. A study of cell samples used in gene-expression experiments during 2012 and 2013 examined the cells’ RNA sequence data for Mycoplasma DNA sequences. Of the over […]
An analysis by Gartner predicts that capital spending by manufacturers in all areas of the semiconductor industry will increase 7.1% to $62.27 billion in 2014. Spending declined 1.2% in 2013 to $58.0 billion. Within capital spending, spending on capital equipment and on wafer-fab equipment will grow by 15.0% and 16.1% to $38.5 billion and $31.7 […]
Earlier this month, the Codex Alimentarius Commission, run by the World Health Organization and the United Nations’ Food and Agriculture Organization, agreed on several new recommendations for food safety. Codex influences food standards of the 186 participating nations, although the countries have not enacted the recommendations into law yet. One decision was that eight veterinary […]
The Dow Jones Industrial Average and S&P 500 reached record trading levels in early July due to constructive economic data, including growing consumer confidence and better-than-expected US GDP growth. Following a revised 2.1% decline in the first quarter, advance estimates for the second quarter GDP growth came in at a robust 4.0%. However, equity gains […]
Malvern, UK 7/25/14—Malvern Instruments has acquired the Archimedes particle-characterization system, including intellectual property and the license to the underlying MIT patent, from Affinity Biosensors for an undisclosed amount. The Archimedes system utilizes Resonant Mass Measurements to detect and count particles. Malvern has exclusively distributed the product outside North America since 2012 (see IBO 11/30/12). “Affinity […]
Billerica, MA 7/28/14—Bruker has acquired Vutara, a provider of high-speed, 3D, super-resolution fluorescence microscopy for life science applications, for an undisclosed amount. Vutara is estimated to have 2014 revenues of $2 million. Bruker stated that the acquisition adds super-resolution and single-molecule localization microscopy products to its multiphoton scanning confocal fluorescence-microscopy product line. “Achieving video-rate time […]
Warren, NJ 7/17/14—Roka Bioscience, a provider of testing solutions for detecting foodborne pathogens, has completed its IPO (see IBO 5/31/14, 7/15/14), offering five million shares at a price of $12.00 per share. Shares began trading on the NASDAQ Global Market on July 17 under the ticker symbol “ROKA.” The company has granted the underwriters a […]
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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.
