Basel, Germany 6/2/14—Roche has acquired Genia Technologies, a developer of single-molecule DNA-sequencing technology, for $125 million in cash and up to $225 million in contingent payments. Genia’s platform employs semiconductor-based nanopore technology and is expected to reduce the price of sequencing. The platform allows for electrical real-time analysis without the need for complicated optics, labels, […]
With the exception of several younger companies, the majority of analytical instrument and lab product companies in the table on page 4 recorded modest sales-per-employee growth in fiscal year 2013 (FY13). The average sales-per-employee ratio for the 18 companies grew 3.6% excluding currency to $319,284 in FY13. However, due to increased investments, acquisitions or slow […]
The study of cells has been instrumental in understanding biological processes. Research on genes and proteins expressed in specific types of cells has typically been performed on samples containing many cells, with analysis reflecting the data averaged across them. But recent studies have indicated differences in cells of the same type or within the same […]
The production of light is achieved in two primary ways. Incandescent objects give off light due to their high temperature. If temperature is not involved, the production of light is known as luminescence. Luminescence itself can come about in different ways, but in the lab, one of the primary phenomena of interest is chemiluminescence, the […]
Company Announcements China-based Shinetek Instruments acquired gas-generator maker ZhongYa Gas Instruments Research Institute in February. ZhongYa products will be sold under the ChemVak brand. BINDER announced in February a reorganization under which executive-team members were appointed as division managers. BINDER had 2013 sales of more than €60 million ($80 million). Belux lab equipment distributor Analis […]
Company Announcements Douglas Scientific acquired in January the Smart-DART Platform for portable molecular diagnostics screening from DIAGENTIX. DIAGENTIX continues to have rights to develop and commercialize the platform. In February, Life Technologies assigned IntegenX the rights to distribute Life’s GlobalFiler Express chemistry on IntegenX’s RapidHIT platform. WaferGen announced in March it named Maithreyan Srinivasan, formerly […]
Company Announcements MKS Instruments Analytical Solutions Group sales declined 10.3% in 2013 to $56.3 million, or 8% of revenues. In March, MKS Instruments agreed to purchase the assets of Granville-Phillips from Brooks Automation for $87 million in cash. Granville-Phillips provides vacuum measurement and control instruments and had 2013 sales of $28 million. In February, Hobré […]
Despite a downward revision to the first quarter US GDP to negative 1.0% and further mixed economic data, the Dow Jones Industrial Average and S&P 500 gained 0.8% and 2.1% in May, respectively, to close at record highs. The NASDAQ rebounded 3.1% following losses in the previous two months. For the first quarter, the Dow, […]
In 2012, the EU’s food and drink industry’s revenues grew 3.1% to €1,048 billion ($1,344 billion). The five largest industry subsectors in order of revenues were meat products, “various food products,” drinks, dairy products, and bakery and farinaceous products. The largest EU food and drink producers by revenue were Germany, France, Italy, the UK and […]
China’s government has revised its Environmental Product Law, which was last updated in 1989, and will take effect in January 2015. In contrast to the previous version, which situated environmental protection in the context of economic and social development, the latest update specifies environmental protection as a primary goal. The new law implements a system […]
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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.
