Company Announcements Repligen’s 2013 Bioprocessing Product sales increased 13.5% to $47.5 million to make up 70% of total revenues. Novasep’s 2013 Synthesis sales grew 5.2% to €155.1 million ($206.8 million) to make up 49% of revenues. In April, FloDesign Sonics, a developer of core acoustic separation technology for bioprocessing, closed a $10 million Series A […]
As a semiregular feature, IBO highlights funding announcements that are expected to drive investment in analytical instruments and laboratory products. This installment includes announcements by two firms and the UK government. IBM announced this month a five-year, $3 billion investment to develop the next generation of semiconductor-chip technology. One project is “7 nanometer and beyond […]
In June, Tecan announced the Fluent, its liquid-handling system for cell and biochemical assays. Compared with the Freedom EVO, the Fluent has faster robotic arms that operate simultaneously, offering higher speed and throughput. The three task-specific robotic arms are the Flexible Channel Arm for individual sample transfer; the Multiple Channel Arm for plate-to-plate transfers and […]
With all companies in the IBO Laboratory Sales Index having reported first quarter financials except for Spectris and Tecan, Index figures have been updated from the May 15 issue. First quarter Index sales expanded 6.9%, 6.7% excluding currency, to $6,286 million. Adjusted operating profit advanced 12.8% to $1,366 million, primarily due to strong results from […]
Company Announcements Personal Genomics announced in April an exclusive sales alliance for Knome’s knoSYS platform in Italy. Under a distribution agreement, Bina Technologies will include runtime licenses for Appistry’s Genome Analysis Toolkit and Cancer Genome Analysis Suite analysis tools as part of its Bina Analytical genomics platform. First quarter Pacific Biosciences sales soared 108.7% to […]
Company Announcements Thermo Fisher Scientific sold Separation Technology, a manufacturer of IVD devices for the hematology-testing market, to EKF Diagnostics for $4.0 million in March. Thermo Fisher Scientific announced a memorandum of understanding in May with the National University of Singapore to develop a strategic alliance to advance basic and applied research. For up to […]
Earlier this month, India released its INR 5,75,000 crore ($96.1 billion ) budget, a 26.9% increase over last year’s spending. The 18,972 crore Central Government Outlay for the Science, Technology and Environment sector includes INR 600 crore for the Science and Engineering Research Board, INR 300 crore of R&D support for “multidisciplinary research in frontier […]
Over the next five years, the Beijing Municipal Bureau of Finance will spend CNY 47.9 billion ($7.7 billion) to improve the city’s air quality. Beijing will especially target pollution from coal-fired sources, industry and vehicles, and dust. In 2013, the concentration of particulate matter sized 2.5 µg or less (PM2.5) was 89.5/m3, whereas the World […]
The Turkish government has allotted a preliminary TRY 5,528 million ($2,717 million) to R&D in 2014, a decrease of 5.1%. The greatest portion of the funds, 38%, will be for “general advancement of knowledge: R&D financed from General University Funds (GUF).” Defense, “industrial production and technology,” “general advancement of knowledge: R&D financed from other sources” […]
The US Patent and Trademark Office (PTO) has proposed new patent guidelines for natural products and processes, raising concern that the standard is too strict. The revised guidelines follow two Supreme Court decisions involving Prometheus Laboratories and Myriad Genetics that denied patents based on the patent code’s forbiddance of patenting “laws of nature, natural phenomena […]
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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.
